Big data

With last week’s announcement that Insurity has acquired Valen Analytics, the core and analytics landscape changes again.

Julianna Muir takes over position as SVP, head of strategy and innovation, after working on analytics-driven commercial underwriting platform.

The growth of the cloud and the Internet of Things is driving demand for data centers.

Respondents generally believe that big data will provide their company with a competitive advantage. But they cite several challenges to that goal.

The life insurance software vendor has acquired Resonant.

Participants in the Des Moines insurtech organization's third group benefit from new perks this year.

Matthew Isaly will lead the development and integration of core technologies Hamilton Re implements.

The Michigan insurer worked with Information Builders to translate its terabytes of data into actionable insight.

Mobileye’s sensor technology will be integrated into HERE, the mapping consortium forged by German automakers.

Artificial intelligence, Google's strategy, and mobile innovation were among the most enticing blog topics of the year.

What’s next for insurtech? Analytics? Customer experience? SMA’s experts have some ideas.

The shift is at its core a drive to better collect, manage and exploit data assets and apply analytics for richer insights, the firm says.

The biggest moments in insurance tech as recorded on our site.

More than half of big data professionals surveyed say they are already deploying big data in the cloud today.

Data mining techniques may be able to more readily identify red flags or spot patterns that suggest fraud, but insurers will still need to rely on data-minded teams to create the algorithms and systems that will detect it and root it out.

As technology supplants old insurance jobs, new opportunities are available for enterprising individuals.

As analytical efforts mature at an organization, it becomes increasingly important to build cross-functional teams in which data science is the primary focus and tool.

The study found that the typical chief data officer has been in their role for an average of 2.4 years, while the chief analytics officer tenure is 2.6 years.

CDOs are adding to the competitiveness of their organizations by contributing to strategic planning and decision making, and by leading digital business initiatives, the report noted.