Digital Platforms

Many new insurers focused on commercial lines see value in the core systems that incumbent insurers already use.

Despite automated tools, the skills gap has increased, leaving organizations vulnerable, says Ponemon Institute expert.

Effective leaders establish and communicate a short list of priorities linked to business objectives so that everyone can align and contribute.

After thousands of unmanned-aerial-vehicle flights, the carrier sees even more use cases for the technology, says chief claims officer Ken Rosen.

Organizations are struggling to fill critical IT, analytics and security jobs, especially in the advanced skills and management ranks. The job is made harder by job seekers that only want consultant roles.

Carriers are able to leverage delayed flight information to provide customers with various other options of travel, similar to the hospitality online marketplace.

Implementing advanced artificial intelligence strategies will require IT leaders to convince workers on the overall benefits of using these emerging technologies.

The insurance industry in the midst of major structural changes, led by those willing to take risks and go against the inertia of a venerable sector.

Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.

The insurer embeds new technologies, such as AI and IoT, into its organization on an ad-hoc basis, rather than developing products separately in a lab and force-fitting them.

Most organizations believe the addition of eye scans and other advanced authentication secure their data better than the use of passwords alone.

Since there is no specific certification, compliance is based largely on certain 'appropriateness' standards and it’s up to each organization to determine what that means.

Companies have an obligation to address the unintended consequences of advances and innovations that enable damaging cyberattacks.

Consumer product, financial services, healthcare, and even technology, among the industries not fully addressing problems, according to new research.

New software the company is rolling out for more utilitarian UAVs may play a more lasting role in its attempts to spread the reach of its chips.

The firm has improved claims processing, premium production, fraud management and other crucial operations, and strengthened relationships with agencies and policyholders, says CIO.

Relying on a cloud vendor to protect digital assets isn't enough. Firms need an enhanced strategy that involves all employees in the effort.

CIOs are now pulling in quarter-million dollar paychecks, while the top salaries start at $150,000 and are all geared toward management roles.

Managing this crucial component of data management will help carriers get better results from their analytics, AI and blockchain initiatives.

The commercial insurance broker's pilot, in partnership with IBM and ACORD, is the second such initiative in the P&C sector.

This session's cohort features startup companies with expertise in computer vision, cybersecurity, big data analytics and more.

ParaZero’s drone safety software, SafeAir, serves as a failsafe system for malfunctioning unmanned aircraft vehicles.

CIO Jamie Roser credits the carrier’s quick expansion over its five-year lifespan as a company to its digital strategy centered on a cloud-based core system.

While carriers may not be able to replicate the exact science, they should understand that organizational and cultural shifts can both attract the right talent and encourage the emergence of internal ideas.

Half of the organizations surveyed said existing tools aren’t effective in the cloud and an overabundance of tools makes it almost impossible to prioritize IT and security investments.

A look at how leading property carriers are leveraging connected devices to improve the customer experience.

Other high-demand roles include application programmers, business system analysts and database administrators.

The insurtechs showcased their platforms and the potential use cases for the industry, in areas such as claims, customer experience and underwriting.

Cybersecurity jobs continue to top the 'Most Wanted' list, but pressures to stop and diminish the damage of hackers is fueling a variety of new key roles.

Here are steps that will extend a risk management program to include outside vendors and reduce the likelihood of a breach due to factors outside an organization’s control.

Many company leaders feel prepared for the upheaval that emerging technologies represent, but few are ready for the operational, competitive, cultural and security shifts already taking place,

Britain’s largest insurer is benefiting from an expanding middle class and growing insurance coverage in Asia, where it gets about a third of its earnings.

Nearly half of IT security pros think in the next year they will either struggle to deal with the increase of cyberattacks or that it will be impossible to defend against them, study finds.

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.

The insurer will leverage the university's research in the Internet of Things, data science and machine learning to help improve the life underwriting process.

Emerging or re-emerging hot technologies are helping to drive much of the increased spending on enterprise software, which is projected to rise by 11.1 percent in 2018.

The platform aggregates external data on new business and applications into a single repository to sure up enterprise reporting to regulators.

Facebook CEO faced grilling from lawmakers over the company's stewardship of customer data.

Automating manual processes and insurers' growing use of technology are two leading factors behind the change, detailed in a new three-year innovation plan released by the organization.

The platform, tailored to small business owners, is first being offered to DJs, but will soon be extended to personal trainers and health & wellness coaches.

The technologies are top of mind for the carrier in its efforts to modernize underwriting and claims management, says Puneet Bhardwaj, SVP of digital analytics.

Organizations that adopt Voice over Internet Protocol for their communications, such as video conferencing, need to take additional steps to keep sensitive data secure.

Infrastructure- and platform-as-a-service offerings give a big boost to carriers' customer portal and analytics initiatives, Novarica survey finds.

The addition comes as the company is in the midst of several key digital initiatives.

Software giant combines divisions that focus on devices and software for businesses while moving the Windows unit into the cloud operations.

SkyWatch.AI’s mobile application calculates a "safety score" before each drone flight, which is used by the commercial insurer in underwriting.

Using this technology, traditional data flows would be transformed because data integrity could never be accidentally or maliciously altered.

The new program, "Zara," was developed in partnership with Spixii, a graduate of the carrier-sponsored Startupbootcamp accelerator.

SMA sees significant spending and shifts in personal lines projects that are aimed at aligning insurers’ strategies to transformation and growth.

80% of IT companies get support from top management for cloud-based cybersecurity initiatives. That’s far more than any other industry.

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