Insurance, Loan

The Impact of Behavioral Economics on Insurance Premiums and Loan Approvals

Overview Behavioral economics, which brings together insights from psychology and traditional economic theory, has gained momentum quickly across different sectors. Probably its most forceful impact has been experienced within the financial sector by the fields of insurance and lending. It better equips financial institutions to assess risks, set premiums, and decide which loans to approve […]

The Impact of Behavioral Economics on Insurance Premiums and Loan Approvals Read Post »