Business intelligence

EY will serve as the implementation partner for the core systems revamp.

Funding is available to high school seniors interested in science, technology, engineering and math related careers in healthcare.

Insurance is joining the digital revolution in a big way. But the costs of insurance back-office operations need to come down to open up the gates of innovation.

Leaders from Farmers, USAA, Progressive and more shared insights into what helps their companies establish themselves as next-generation insurance standard-bearers.

Past insurance innovation strategies will not work in today’s digital age, according to USAA’s SVP of strategy and innovation Michael Merwarth.

As the amount of collected big data grows, the insurer is innovating ways to process information quickly for all facets of its business, says data leader Pawan Divakarla.

New technology puts the onus on insurers to create platforms that can ingest new business models, says Farmers Insurance head of product innovation Mariel Devesa.

Chosen startups will receive funding, weekly mentor sessions with industry leaders, and opportunities for pilot projects.

'Smart toothbrush' maker Beam has launched an insurance product leveraging 'brush-driven underwriting.'

The German auto insurer will use data collected from IMS' DriveSync5 to reward drivers with discounts on premiums.