Big data

Consumers still trust established traditional insurance companies over newer insurtech startups. A majority of respondents said they would prefer to buy a policy from companies like AIG over startups like Lemonade.

More homes that had been excluded due to wildfire risk are insurable with more granular data, company says.

Ramnik Bajaj is the company's new SVP and chief data and analytics officer.

Touchless digital insurance has become a base requirement for business as people demand touchless transactions.

The industry needs high-quality data sources that can scientifically measure the threat and complement existing data elements

Robin Gordon will join on March 29.

Many insurers have a traditional, albeit risk-averse, data mindset as evidenced by their reliance on traditional data and avoidance of emerging data sources.

Not only does the quality of the data impact a carrier’s bottom line, it also affects their customers’ experience.

Ashok Krishnan is the carrier's new chief data and analytics officer, based in London.

Insurer is 'doubling down' on tech investment, with leadership buy-in across digital, says Abby Hosseini.

The terms 'digital' and 'data' are often conflated or are used interchangeably, but they represent very different facets in the journey companies are taking.

Santosh Bardwaj becomes SVP, chief data and analytics officer with oversight of CNA's enterprise data and analytics function.

Born from insurer HCI Group, subsidiary harnesses mobility, big data, analytics, and AI to complete 58 underwriting steps in 300 milliseconds.

The leap from thinking within a complex, ad hoc, ungoverned world to one of order and trust is hard for many carriers.

Ppooling the same type of transactional data from multiple insurers can help paint a much clearer picture.

Also: Clyde kicks off with Asurion, One Inc makes acquisition

Helping insurers to use new and emerging sources of data to streamline or improve operations and processes, reduce costs, and boost efficiency.

Steve Petrevski, now SVP and GM of data and analytic services, has been with the company since 2017

The key to meeting consumer demands for greater personalization while boosting growth in an increasingly competitive industry lies in using the full array of data available.

Insurance product creation historically has been based on historical data – the rear-view mirror view. However, there is a fundamental change afoot that cannot be ignored.