Analytics

Gartner earlier this month released its latest IT spending forecast. While overall global IT expenditures are projected to be flat this year, software was a bright spot.

The strategy remains a good way for newcomers to enter the market, but carriers must provide additional value propositions to the consumer, Novarica says.

Study finds organizations struggle to extract meaningful business insights from data quickly.

More insurers are treating data, business intelligence and analytics as a functional area of the business, resulting in increased technology investments and staffing.

The Streetwide Drivers Club app allows customers to earn rewards points toward gift cards on popular brands and receive premium discounts.

AI may not be a perfect fit for insurance companies, at least not yet.

The agreement fuels recent trends of vendor M&A activity in the industry, as insurtech providers align themselves to create better market position.

Opportunities arise for insurers to catch customers as Pokemon GO users wander into dangerous places.

In a world in which insurers are considering using wearables like FitBit to validate claims data, apps like Pokemon GO offer the same information in much greater detail.

The UK insurer expands its current relationship with the vendor, having already deployed Guidewire for billing.