Digital Platforms

By 2020, 90% of organizations will adopt a data environment that has both cloud and on-premise computing services.

Carriers need guidance from outside the industry to truly get digitalization, says Munich Re exec.

The insurance business is changing, and all technology providers have something to contribute.

The Insurance Corporation of British Columbia completed an implementation of Guidewire's policy administration system.

Identity theft was the leading type of data breach last year, accounting for 59% of all privacy hacks.

Home and auto insurer adopts Duck Creek's AgencyPortal, Turnstile, and AgencyConnect technologies.

Nearly two-thirds of organizations experienced a “known” major cyber attack in the past 12 months, with the average being four.

The tech giant said it is enabling third parties to create financial services apps in the cloud.

Growing risks are often associated with improper sharing through mobile devices, study reveals.

The need is for EDR, software-defined segmentation, cloud security, and user and entity behavior analytics.

Committee members will work to keep regulators up to date on new products from startups and established insurance industry players.

Modernizing insurers' IT environments often leads to more reliable data that can facilitate improved processes.

P&C insurer continues long-standing relationship with vendor, in efforts to enhance online customer experience.

Steps to help ease the transition from people-centered processes to machine learning and AI.

Organizations will use ‘time series forecasting’ to predict, control and change future events and outcomes.

Savvy investments, partnerships and hiring practices seen as key to digital transformation.

Governor Andrew Cuomo says the rules 'helps guarantee the financial services industry upholds its obligation to protect consumers.'

Data and analytics vendor acquires software companies that specialize in compliance, risk and claims processing.

Few people are qualified to handle today's security threats, leaving many organizations vulnerable.

More than half of U.S. consumers already share, or are willing to share, data collected from the smart and connected devices they use, says Celent survey.

The insurer will move to a cloud-based platform after entering a multi-year services agreement.

Needing to replace its core to meet customer demands, auto-club carrier selects suite with robust analytics components.

Transforming personal lines’ ‘moment of truth’ isn’t easy, but the payoff is clear.

Companies are wary of cyber attacks, other data breaches, and other system failures over all other risks, according to survey of worldwide firms.

Though insurance tech budgets are leveling off, companies are still pushing digital, says SMA.

A new initiative called Healthcare NExT will combine work from existing industry players and Microsoft's Research and AI units.

Jim George switches responsibility from North America to global.

A flurry of activity in insurance core systems continues with the buy.

The office in Austin, Texas, houses about 120 employees, the company said.

Octo specializes in telematics and data analytics software for the auto insurance industry.

The number of insurers making regular cybersecurity assessments to the board of directors is also on the rise, according to Moody's.

Venture investors are clamoring to back cybersecurity startups after record hacking last year and calls by U.S. President Donald Trump and other global leaders to do more to protect against digital attacks.

The Canadian auto and home insurer deploys EIS’ CustomerCore DXP platform.

The question becomes what the companies will do with the large piles of cash they allocated for the acquisitions, and whether they’ll try anew at fresh takeovers under a Trump administration, whose antitrust officials could be more amenable to large consolidations.

Guidewire DataHub will support the Canadian P&C carrier's ongoing data strategy.

Sean Ringsted will continue as chief risk officer after assuming his new position.

Rippleshot says that its software uses machine learning and big data to identify potential payment card breaches.

New entrants into the connected-home market are driving insurance innovation. Check out these examples from the 2017 Consumer Electronics Show.

With the move, the trucking and specialty transportation insurer modernizes its policy administration infrastructure.

Brad Gabel arrives at the Birmingham, Alabama-based life insurer by way of TIAA-CREF.

According to the latest data from Venture Scanner, overall InsurTech venture funding grew at an annual clip of 31% from 2011 to 2017.

The Priority Health initiative helped improve transparency, says CIO Krischa Winright.

With last week’s announcement that Insurity has acquired Valen Analytics, the core and analytics landscape changes again.

The growth of the cloud and the Internet of Things is driving demand for data centers.

A spike in insurance technology M&A is being reflected across the software industry, and many expect more deals to come.

The hire comes a week after the company hired a new CISO as well.

Carrier selects software from Applied Systems to make rating easier for agents.

Political uncertainty in global markets has been identified as the cause.

Embracing the cloud will make the transition to digital processes less painful.

The National Flood Insurance Program will use Marsh' Torrent Technologies to underpin its policy issuance and claims.

A major benefit of moving away from legacy processes is the ability to cover more risks for more people.

The Blockchain Insurance Industry Initiative, co-founded by five European insurers late last year, is preparing to add new members.