Analytics

Insurer will implement Pixel, a competitive intelligence tool for P&C insurers, as well as Milliman's proprietary market baskets, Milliman said.

Ever since personal data was first discussed as having the potential for emerging as a new asset class at the World Economic Forum in 2011, capturing and incorporating personal data into the proposition design has been seen as a potential gold mine.

Combining the operations of two insurance giants likely would require months of research, as well as an increase in headcount and IT expenditures, at least in the short term.

More than a dozen mergers and acquisitions in the reinsurance market, valued in the billions of dollars, have occurred in the last four months.

Most of these advanced capabilities are being driven by a combination of five elements: analytics, data, digital channels, modern applications and innovative business practices.

Jim Fults is responsible for the growth of all lines of insurance offered by ACE Private Risk Services.

Developers can benefit from proprietary analytical models, and insurers, consumers, wireless carriers, automotive businesses can access real-time information to enhance their experience or services, Zubie said.

Vitality members can now get discounts on indexed universal life products in addition to term and standard universal.

Some investigators suspect the attacks were part of a sweeping campaign to create a database on Americans that could be used to obtain commercial and government secrets.

The tool is designed to help brokers and their clients understand the market for group insurance and match the right products to an employer.