Digital Platforms

While the concept may seem bewildering, it actually is based on a basic six-step process.

Nearly half of businesses have experienced a cybersecurity event, and three in five don't believe their staff are adequately trained.

Health insurers most cope with the uncertain future of Obamacare, while P&C carriers are pressed to meet new customer expectations, say analysts.

The back-to-back-to-back storms of Harvey, Irma and Maria tested the digital claims advancements by carriers like Allstate and USAA on a massive scale.

As more AI applications emerge, the corporate database will evolve to support them.

CIO Scott Noerr is constructing a framework for digital innovation at the specialty carrier.

incumbent carriers turned to insurgent startups for telematics, big data and health and wellness initiatives, among others.

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.

Despite advances in machine learning, deep learning and artificial intelligence, cyber attackers are learning how to work around them, according to McAfee.

While human resources and finance departments are the easiest target for social engineering, tech workers pose the biggest risk to networks.

During a whirlwind year for the industry, readers were captivated by stories of new insurtechs and established players alike transforming the business.

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

The major attacks included WannaCry, ExPetr, and BadRabbit, which all used exploits designed to compromise corporate networks.

Sid Gandhi will lead the insurer's digital, IT and business technology teams to boost customer experience.

Major business intelligence providers are building tools designed to introduce more employees to data analytics, with a focus on three key areas: accessibility, collaboration and consumability.

Tom Bolt is charged with helping the company improve pricing decisions using data and analytics.

Even though a majority of organizations have adopted or plan to adopt IoT technologies within the next year, many are still concerned about cybersecurity threats, says Peter Tsai.

Fewer than half of programmers are confident in the code they write and run, with 60 percent lacking confidence in the security of their applications, says Joe McCann.

As of Nov. 3, more than 838,000 people had registered with the agency as owners of small, civilian drones.

New unit will invest in startups with expertise in mobility, connected health, data intelligence and cybersecurity.

A cybersecurity governance group with multiple stakeholders will help the organization understand security initiatives and align them with the business.

The move has enabled the reinsurer to develop a new underwriting system, leading to faster product launches and enhanced data analytics.

Both parties have good intentions, wanting to do what’s best for the organization, yet conflicting priorities and viewpoints make them frequently go head to head.

The smartphone application is a response to recent upticks in ransomware attacks, the company says.

The carrier used information from the insurtech's network of sensors to respond to a weather event in Denver.

A new study finds that 69% of organizations mistakenly think information protection, privacy and compliance are the responsibility of the service provider.

Vendor will provide insurer with an automated cloud-based platform offering portfolio data, accounting entries and reporting tools.

Yet despite widespread awareness, the deficit of trained personnel is growing worse

Midwestern insurer creates accelerator and venture capital fund intended to build up Milwaukee's startup community.

Reacting as quickly as possible and restoring data from backups are key ingredients for recovery.

The law is largely based on similar regulation in New York state, but has key differences, lawyers say.

Perhaps of greatest concern, a new study showed that uncertainty is highest among IT security experts, who should therefore be more familiar with the issue.

The emerging technologies are equally dependent on each other for best results, Novarica says

More rules may not be the best answer to protecting financial services against cyber attacks.

A new study out from CareerCast reports that those three job occupations have hiring outlooks of 21 percent, 18 percent and 17 percent respectively.

Insurance industry as a whole, however, lags other financial services somewhat in implementing robotic process automation, according to PwC.

With today’s digital tools and platforms, the technology can be applied to various aspects of the insurance value chain.

Artificial intelligence, the IoT, cloud computing and cryptocurrencies are among the technologies that will dominate new IT investments, according to the researcher.

Individual state guidelines, dating back as far as the 1800s, cater to old paper-driven market, not a digital world where insurtechs produce data in real-time, says former NAIC president.

The new tool, LifeLink, leverages cloud communications and data analytics to connect users with 911 dispatchers

Optimism about the value of AI-powered applications in the enterprise is high and plans to continue investment in the technology are widespread, a new study reveals.

While keeping up with regulatory changes remains a big challenge, insurers are focused on cybersecurity and IT risk at high levels.

Calls for less reliance on credit bureaus and Social Security numbers for verification are leading many to envision a future of identity on a distributed ledger.

Solaria Labs has helped the insurer bring new ideas to market that impact all corners of its business, says innovation VP.

Trifacta's "data wrangling" offering will help the life insurer prepare unstructured information for analytics projects.

The new platform, Quick Quote, generates online quotes for customers who only input a home address using third-party data.

The life carrier is keen on finding the startups that will define insurance user experience and distribution in the future, says managing director Doug Russell.

Technology and information management dominate the most wanted hires this year, with seven of the top 10 in the IT and analytics fields.

Data scientists remain among the most sought-after of all workers, and that translates into very healthy salary ranges for several key job roles.

The move follows earlier investments by the carrier in its website, customer portals and core systems.

Jon Colello, president and head of underwriting, advises carriers to focus on technologies and partnerships reducing data sharing costs.

Organizations continued to have great need for infosec and DevOps talent, but there was little gain for data processing professionals in September.