Analytics

Most innovation plans do not account for emerging industry trends like insurtech disruption and IoT adoption, study finds.

The deal, expected to close in the third quarter, further supports the company's strategy of growing its tech offerings through M&A.

The carrier has hired its first chief innovation officer to manage the strategy.

The company looks to invest in startups, like the Ring video doorbell, that dovetail with its future vision of insurance.

For companies serious about cutting edge data science functions, this role is key.

Japanese insurer expands its partnership with Cambridge Mobile Telematics, previously launching a program for personal auto last year.

Top P&C insurers are keen on helping agents acquire new business using mobile channels, as well as e-signature and predictive fraud scoring initiatives, Novarica finds.

The industry has a way to go in fixing the underlying information challenges needed to respond to regulatory requests and to innovate, says Michael Atkin.

To meet the needs of customers and deliver services as needed, insurers need knowledgeable, skilled people to build and manage sophisticated applications, algorithms and analytics.

Those assuming the job must combine technology expertise, business savvy and a vision of the organization's future, says Pierre Peladeau.