Analytics

In response to the growing important of data in underwriting, pricing and operations, the global carrier creates a new enterprise-wide leadership role.

With two previous attempts behind it, a well-known IT consultant explains how specialty insurer AEGIS was able to deploy Pegasystems and revamp its entire underwriting process.

89 percent of executive surveyed by General Electric and Accenture said that companies that do not adopt a big data analytics strategy in the next year risk losing market share and momentum.

Celent finds that U.S. and UK consumers are willing to share data about themselves under the right circumstances.

Cloud computing will continue to transform the computing landscape in 2015. In the following slides, Forrester Research pinpoints the key trends and their impact going forward.

Smartphone applications and devices that record trip and vehicle data are set to infiltrate auto insurance at a rapid pace, bolstered by discounts of as much as 30 percent.

Collaboration between academia, industry organizations, businesses, and leaders will be critical to making sure that new IT professionals will be excited and ready to join the insurance industry and contribute to its future as Next-Gen Insurers.

A Forrester Research survey found that cost savings is no longer the primary driver for leveraging cloud services.

Previous initiatives have studied social media causal monitoring, learning and revenue optimization, equipment failure prediction, and fraud detection and prevention.

Insurers should look to revisit the roots of the insurance process.