Business intelligence

Ovum asked insurers: What's the biggest issue you're facing today because of your legacy environment, and what do you think that will be in two years?

The firm warns that a delay in implementing a cross-channel model exposes carriers to disruption by new entrants.

Eighty percent of IT executives feel that IT departments have too narrow of a scope to be able to effectively ramp up the speed at which they delivery digital capabilities.

The system replaced a manual, spreadsheet-based process for project management, application delivery, and system maintenance.

The broker has named a chief analytics officer, as well as analytics practice leader

Splunk Cloud and Hunk: Splunk Analytics for Hadoop will be used for application and infrastructure performance monitoring and real-time and historical operational analytics.

The company has built a data warehouse and a framework that consist of data access and modeling tools such as SAS, R and new tools like H20, analytics head says.

Haven Life Insurance Agency, The John Hancock Vitality Program and USAA receive SMA’s 2015 Innovation in Action Award.

Novarica has released a report on insurance IT budgets including the top areas of spending expected this year.

By 2017, more than 50% of analytics implementations will make use of event data streams generated from instrumented machines, applications and/or individuals, the analyst firm says.

A data model, warehouse, and analytics are included in the implementation.

Big data software now is just a small part of the overall market for information management, but it is set to increase at a compound annual growth rate (CAGR) of 50% through 2019, acording to Ovum.

While I've tried to articulate how some organizations get big data "right," it's frequently more compelling to explain how others seem to be getting it terribly "wrong."

Whether you're a student or a business professional looking to make a career change, Airbnb's Dave Holtz says there are eight core competencies you'll need to succeed in the field of data science.

Majesco, a provider of insurance software, consulting and services, has launched Majesco Business Analytics, which the company says was built on the foundation of the Cover-All BI. Majesco previously acquired Cover-All, creator of the business intelligence application.

Texas Mutual Insurance Company, provider of workers’ comp insurance, has selected Guidewire’s DataHub and InfoCenter to support its enterprise-wide data management and business intelligence strategies, Guidewire said.

Jim Fults is responsible for the growth of all lines of insurance offered by ACE Private Risk Services.

The tool is designed to help brokers and their clients understand the market for group insurance and match the right products to an employer.

The company wants to help its brokers create a better product portfolio for the end customer.

The company’s Electronic Inspection Reports help them speed up the application process and improve the customer experience – using big data.