Data science

Insurer chose data analytics and management company to fill data operations gaps

Success depends on people, culture and processes.

The company is looking for people with skills in software engineering, data science and cybersecurity.

MetLife has hired Carolina Stein, who will be based in Buenos Aires, Argentina.

Sears Merritt will lead technology-focused strategies to accelerate digital transformation at the company.

Some consumers don’t seem to be crying out for usage-based insurance and evidence shows some of the models in use are only mildly predictive at best. Why is that? Why is it that auto insurance companies have not found a way to significantly improve on the traditional metrics of age, zip code and the like despite all the technological advances of the last few decades?

Inside the near-term tech plans for the multiline insurer.

Ppooling the same type of transactional data from multiple insurers can help paint a much clearer picture.

Toronto-based company recently raised $3.5 million in seed funding for commercial insurance platform.