Elliot M. Kass
Editor-at-LargeEditor-at-Large, Information Management
Editor-at-Large, Information Management
A melding of AI, analytics and automation will make IT services more responsive and less expensive to deploy.
Formed in February, the 21-member group pursues digital tech to gain competitive advantage.
IT execs point to inconsistent data, incompatible technologies and organizational silos as major impediments.
Worldwide, the IaaS market surged 29.5 percent in 2017.
Carriers that write policies in New York state are facing a key deadline to comply with the state’s strict new cybersecurity requirements.
Once viewed as disruptive competitors and threats to established insurance companies, insurtech startups are increasingly seen as supporting players that can help incumbent insurers enter new markets and offer new services.
Unable to analyze or even catalog all the consumer data they collect, companies risk violating data privacy laws.
CEOs' enthusiasm for chief digital officers is fading, and they are looking to their CIOs to put new digital strategies in place.
Health insurers most cope with the uncertain future of Obamacare, while P&C carriers are pressed to meet new customer expectations, say analysts.
Software and services will predominate as technology budgets rise almost six percent.
But chief data officers find that with more respect comes greater responsibility.
Yet despite widespread awareness, the deficit of trained personnel is growing worse
Carriers are working to change the culture around underwriting to be more data-driven, says EY study.
The key number in question is an insurer’s PML, or probable maximum loss, due to a major weather event.
Company CTO has successfully replaced four legacy systems without failure, bucking industry trends.
With more powerful tools on the way, new technologies are already improving hurricane risk and claims management.
With its acquisition of LinkedIn, the software giant will attempt to transform how companies recruit talent and manage people.
With the European Commissions approval, closure of the $26 billion acquisition is expected soon.