Wei Zhang / Chief Technology Officer
Perspectives from a life in leadership.
The latest essay
Chinese crop insurers increasingly assess losses from satellite and drone imagery. The method deserves trust only if farmers and county officials can see it, including what the imagery cannot detect, before a disaster rather than after one.
Read the essayChinese crop insurers increasingly assess losses from satellite and drone imagery. The method deserves trust only if farmers and county officials can see it, including what the imagery cannot detect, before a disaster rather than after one.
Chinese insurers now score motor and livestock claims for fraud with machine learning. A score should send a claim to the right reviewer with its reasons attached. When it holds or declines a claim on its own, its mistakes fall on the policyholders least able to wait.
An insurer selling micro-policies through a shopping platform is often offered far more data about each buyer than the risk requires. It should take only what the insured event needs, price on that, and keep a full record of every policy, however cheap.