Analytics

Through use of the app, the insurer expects to enable marketing representatives to view a complete picture of agency performance, and stay current through real-time updates and alerts.

What kind of impact has predictive modeling had on profitability, loss ratio and rate accuracy?

The evolution of customer communications helps forge stronger ties between insurers and clients.

Preparedness is the only weapon against increasingly sophisticated security challenges.

Significant hurdles have confronted insurers seeking to launch usage-based insurance programs, including a lack of standardization and the threat of patent infringement litigation. But Progressive's recent patent setbacks and ACORD's new data standards could prompt new programs.

For carriers, cloud computing offers a way to enhance and accelerate communications with agents, and agencies can benefit from better access, ease of use and efficiency gains.

The insurer will revamp five fraud-detection models and extend its relationship with SAS for two more years.

The data is in: cloud is starting to make a dent in enterprise competitiveness.

Peter Hahn, formerly of McKinsey, now is responsible for improving business decisions and risk insights.

Internet connected devices will drive the value of data to consumers; mobile devices will enable continuous data collection; and sensors will drive finer grained collection of data across common processes. Long-term, these will elevate the awareness about the value of data.