Chris McMahon

Actian’s Matrix database now will power Air’s Touchstone, for faster processing times and lower IT costs, companies say.

Expected benefits include improved customer service and lower IT costs resulting from consolidated and standardizing billing systems and processes on a common platform.

Agent, MGA and broker portal has been deployed to the Microsoft Azure cloud to control infrastructure costs.

Portal solution for insurers and managing general agencies now supports iOS and Android platforms with role-based security, company says.

This addition to the Fineos AdminSuite is designed to support group, voluntary and individual billing on a single platform, the company said.

The partnership is intended to help insurers extend connectivity with brokers and agents.

The insurance-specific platform is intended to help insurers uncover and operationalize data assets and deploy pre-integrated analytics solutions.

The new distribution program is intended to help minimize the cost and risks associated with participating in the insurance aggregation site.

OdometerConfirm automatically collects, verifies and transmits VIN and mileage data.

Michael Tipsord, State Farm president and chief operating officer, will succeed Edward B. Rust Jr. as chief executive officer in September.

The P&C insurer is using Sapiens Reinsurance to increase the efficiency of its reinsurance business and related processes and improve data accessibility.

For insurers, third-party data presents new opportunities, but regulators need to catch up, says Alyssa Pei, partner at A.T. Kearney.

IoT-platform and data-analytics vendors will collaborate on home, auto and health applications.

The professional services firm intends to offer data and analytics products and services to customers and deliver 100 data and analytics jobs to Dublin, Ireland.

American Family Insurance has several initiatives around big data, including programs for more intensive testing and efforts to leverage unstructured data from claims notes, says Justin Cruz, strategic data and analytics VP.

Zurich sees predictive analytics as a critical capability and has been accelerating investments in the technology.

Among its many data-oriented initiatives, CNA is applying big data technology to workers compensation claims and adjusters' notes.

The insurer is using more public data to improve underwriting results and decrease the number of questions the insurer has to ask consumers to underwrite them.

Though changes in the insurance business could lead to disintermediation of traditional distribution methods, USI CIO Stewart Gibson says his company is prepared to compete. Part 2 of 2.

Largest reinsurer in the Middle East signs multi-year license for GEMS economic scenario generator.