Digital Platforms

Company CTO has successfully replaced four legacy systems without failure, bucking industry trends.

Brighthouse Financial CIO leaned on cloud to support life insurers' spinoff from MetLife.

The tech firn doubles down on attempts to back early-stage companies that are building software around AI, blockchain and computer vision.

The objective is to develop early use cases for life and health carriers that both leverage the girth of data available to them and offer regulators transparency.

But with a variety of software for reinsurance claims management increasingly available, that may be changing.

Attracting workers with these skills is becoming an imperative for carriers, which are trying to fill a number other tech-related jobs.

Most initiatives that are designed to improve business performance fail because the organization doesn’t adequately explain the benefits with the change.

Captured images from planes are run through the insurer's analytics software to reimburse policyholders on flooded automobiles.

A recent survey on how well prepared organizations are to protect their systems from a breach was 'eye-opening and disturbing,' says Martin Veitch.

The insurer has deployed an army of adjusters and UAVs in the storm’s wake.

With more powerful tools on the way, new technologies are already improving hurricane risk and claims management.

Hurricane Harvey serves as a grim reminder of the need for a plan for restoring systems and data access. Here are leading products for enterprise DR, according to Gartner.

With data warehouses and modern reporting tools, insurers are better equipped to understand the impact of the catastrophes.

The units allow the insurer to quickly move into devastated areas and service policyholders.

Replacing obsolete tools with a modern solution reduces costs despite significant business growth and supplies heretofore-unavailable analytics to unlock business insights.

Insurers deploying drones, accessing mobile uploads and analyzing weather data to ensure proper settlement.

DR planning is a critical component of every information management strategy, even if the data center is in the cloud.

Partnerships with drone-as-a-service companies will be put to their first major test by the storm.

Insurer plans to collaborate with new companies developing platforms in the Internet of Things, mobility and fintech spaces.

Commercial insurer will deploy the vendor's analytics platform to fleet and transportation drivers via mobile apps.

The number of incidents has risen rapidly in recent years, but organizations are learning from their mistakes and making improvements.

The deal, expected to close in the third quarter, further supports the company's strategy of growing its tech offerings through M&A.

Leading organizations embrace information security from the top down, and employees are given the right resources to defend against a breach.

The latest mandate encourages greater sharing of data between public and private organizations, and establishes protections of privacy and liability for those sharing the information.

Ariel Gorelik assumes control of the insurer's global IT operations.

The carrier has hired its first chief innovation officer to manage the strategy.

Carrier partnered with Amazon Web Services and Deloitte to reduce spending and improve speed to market of new capablities, CIO explains.

Examples include robotics, virtual assistants, artificial intelligence and customer self-service technologies, which include kiosks and self-checkout lanes.

Top P&C insurers are keen on helping agents acquire new business using mobile channels, as well as e-signature and predictive fraud scoring initiatives, Novarica finds.

Carrier is required to pay $5.5 million, employ two breach specialists in its IT department and conduct audits of its systems yearly.

SOCs devote 50 percent more time than their counterparts on actual threat hunting, according to a new study from McAfee.

To meet the needs of customers and deliver services as needed, insurers need knowledgeable, skilled people to build and manage sophisticated applications, algorithms and analytics.

Firms should be looking at whether they have the right culture and people in place to understand data and how to best keep it safe.

Startup Crop Pro Insurance plans to help growers minimize risk using digital data and technology.

These very specialized organizations need robust systems to support their operations, but many are under-resourced.

Researchers have seen at least three cyber espionage operations using this technique, says Alexey Shulmin of Kapersky Lab.

Underwriting procedures are being handled in an entirely new way, impacting everything from data gathering to data analysis.

The Internet of Things Cybersecurity Improvement Act of 2017 calls for Internet-connected devices to be patchable, meet minimum data safety standards and have changeable password capability.

Partnership will give Farmers' claims pros access to unmanned aerial vehicles fully loaded with analytics software.

Forensic study finds an employee of a business associate of the insurer accessed PHI.

The acquisition adds drone-as-a-service capabilities to Genpact's suite of claims services.

Ease of communicating biological data can impact access control and underwriting, experts say.

The rampant proliferation of easy-to-use hacking tools and number of bad actors willing to deploy them means that everyone needs to 'up their game' to stay safe.

The 10 honorees of Digital Insurance's 12-year-old program are leading their companies through a transformative time for the industry.

Not all data insights generate value to an organization, and some can be downright counter-productive.

Nearly half of organizations are adding these professionals to payroll, but perhaps even more sought-after is the CDO.

The sector is complex, and it is important for carriers to have the appropriate systems and functionalities to support these complexities and enable future growth.

New Jersey insurer becomes the organization's 50th industry sponsor in hopes of forging new relationships with up-and-coming startups.

The continued emergence of AI, big data platforms and IoT suggests carriers must deploy newer skills to keep up, SMA finds.

Following a cyberattack, the things an organization should not do often go overlooked. Company leaders could end up spreading the fire, rather than smothering it, says John Suit.

Financial services lead the way in tech investments fueled by big data and analytics projects.

App for IntelliDrive is available in two states after insurer worked with TrueMotion to create it.