Big data

The life and annuity insurer is banking on accelerated, data-driven underwriting in a strategic shift inspired by the proliferation of insurtech companies in its vertical.

The Dwellbeing tool gives insureds a place to record usage data, giving customers a better sense of personal risk.

Artificial intelligence continues to be top off mind for insurance carriers, as they work collect new forms of data and interact with customers using smarter digital channels.

As more AI applications emerge, the corporate database will evolve to support them.

incumbent carriers turned to insurgent startups for telematics, big data and health and wellness initiatives, among others.

During a whirlwind year for the industry, readers were captivated by stories of new insurtechs and established players alike transforming the business.

Kevin Dougherty is tasked with accelerating the life carrier's technological capabilities in digital health, data analytics and artificial intelligence.

The buys of Networked Insights and HomeGauge are part of the company's commitment to data science and AI, says busines development leader Peter Gunder.

The new focus will be on the information that business users and business-focused analysts can utilize in their everyday decision-making.

Commercial insurer partners with insurtech SizeUp, helping entrepreneurs maximize profits.

Tom Bolt is charged with helping the company improve pricing decisions using data and analytics.

The companies' complementary analytics backbones can provide a fuller view of customers.

But IT personnel too often feel they lack the skills, technology and bandwidth to create the data-centric foundation needed.

The emerging technologies are equally dependent on each other for best results, Novarica says

There are opportunities for carriers of all sizes to get involved, as many startups looking for pilot customers will lower costs to get their foot in the door.

Insurance companies can help consumers stay informed on risks to lives and property, evolving them into life-coaches.

Insurer’s personal insurance unit is looking to develop lasting relationships with startups in big data, AI and more.

Carriers are working to change the culture around underwriting to be more data-driven, says EY study.

Insurers deploying drones, accessing mobile uploads and analyzing weather data to ensure proper settlement.

Data plays a key role in understanding what your customers will be looking to buy next year, in five years or in 10 years, and how that impacts your staffing needs.