Corporate governance

Recognized in the tech industry on March 31, World Backup Day spurs IT and security experts to opine on how to preserve precious digital resources in the event of disaster.

Michael Costonis jumps from consulting to carrier side with responsibility for digital efforts.

Initiatives such as telematics, AI-driven fraud detection, mobile estimates, and RPA require a cohesive enterprise.

To thrive, insurers need systems that embrace change and transform it to business value or face potentially dire consequences.

Life & annuity carriers have had valuable opportunities to learn about new technologies, and not necessarily from their own mistakes.

Emerging technologies such as IoT, wearables and autonomous vehicles require rapt attention from insurers now, as they can fundamentally change the industry in ways never before seen.

Four out of five carriers don't have a plan for collecting, analyzing or securing the flood of data from connected devices, according to LexisNexis survey.

The P&C carrier has found that IT infrastructure investments allow it to support new sources of data, like drones and smarthome devices.

Carrier leaders are optimistic that they have figured out the best way to navigate digitally driven upheaval in the industry, says PwC survey.

Iván de la Sota begins his new role on April 1 following two-plus years leading the insurer's Iberian and Latin American division.

Carriers are going digital to cut operating costs and break into the younger consumer market, according to a new report from Celent.

Incumbents benefit from high barriers to entry, but are themselves less efficient and innovative, Accenture claims.

New technology organization structure aims to improve customer experience, CIO says.

Staffing firm TEKsystems finds that new digital initiatives don’t fall within IT’s purview.

The German insurer is reportedly looking at XL as a potential target to grow its casualty coverage business in the U.S.

Without a clearly articulated set of business value metrics for IT, it can be a challenge for leaders to create compelling business cases for new investment opportunities.

About a quarter of insurance executives said they are allocating budget to 'aggressive' projects, according to Celent research.

Industry partnerships lower the cost of going digital for incumbents, while also providing an extra revenue source for startups.

A majority of business and technology professionals think their leaders understand cutting-edge technology, but they still aren't ready to embrace it.

Rather than facing a simpler tech environment where the investment choices are obvious, it appears the insurance industry is at a point of inflection where the old established world may have to give way to the new.