Digital Platforms

Carriers who develop internal innovation capabilities can outrun disruptors thanks to industry knowledge and information resources.

Several top colleges and universities are offering courses and concentrations in applying data to the sector.

Innovation teams understand that the connected world is evolving rapidly, and that competition is coming from industry newcomers as well as incumbents.

Four out of five employees surveyed see significant opportunity for AI to create a more engaging and empowering workplace.

Bruce Gifford is selected for the role after serving in the P&C carrier's actuarial department since 2009.

The application, developed with Cambridge Mobile Telematics, is the latest example of carriers turning to telematics to thwart distracted driving.

Organizations combining innovative talent, diverse data, and applied intelligence can use data-driven insights to improve customer experience, says Accenture's Debbie Polishook.

Carriers will need someone who owns data at an enterprise level to ensure effective governance.

Staffing firm TEKsystems finds that new digital initiatives don’t fall within IT’s purview.

The israeli vendor will merge Adaptik's core offerings with its cloud-based analytics platform.

Without a clearly articulated set of business value metrics for IT, it can be a challenge for leaders to create compelling business cases for new investment opportunities.

A new study shows that the most common concerns are the risk of unauthorized access, the threat of malware infiltrations and the inability to monitor the activity of employees.

As carriers upgrade systems with an eye toward a more digital world, PwC says opportunities abound for process improvements.

Mark Wilson's company is working with Tesla to insure driverless vehicles.

About a quarter of insurance executives said they are allocating budget to 'aggressive' projects, according to Celent research.

Despite the massive increase in the volume of cyberthreats over the last two years, defense strategies are working better, according to a report from ThreatMetrix.

Industry partnerships lower the cost of going digital for incumbents, while also providing an extra revenue source for startups.

As the number of connected devices increases, so will the vulnerabilities that they are laced with, not to mention the potential impact these could have if exploited.

The technology has the potential to effect the industry's data usage, risk modeling practices and core systems, according to Novarica.

Though many insurers still feel they are behind in innovation, all are taking steps to build capabilities.

Agreements give carriers access to aerial imaging and distracted driving prevention technology.

Kerry Goff previously served as senior director of infrastructure architecture and engineering for the life insurer.

The rise of serverless computing, a bigger balance between cloud and local systems, and renewable energy adoption are among the priorities for a growing number of organizations.

Three-fifths of carrier respondents to a survey say that they are increasing use of cloud as part of larger platform modernization.

Driving this transition will be the growing number of Internet of Things devices and the rapid maturation of artificial intelligence and machine learning technologies.

This year will unleash a major disruption for the analytics and information management space. It will upend decades worth of accepted practices and introduce new winners and losers.

If you are an owner of insurance technology ecosystems, and are wondering what to do, the answer is patch.

Carriers enter the new year with a sense of urgency to deploy faster, higher-impact capabilities aimed at enhancing underwriting, claims and customer interaction, says Aite Group.

Core system vendors like Guidewire, and Majesco have announced new digital capabilities that could significantly change how insurance technology firms compete.

Former chief claims officer Glenn Shapiro takes on a new role with telematics as a priority.

Vendor will integrate new claims, billing and distribution management tools into its existing cloud-based platform.

Enterprises realize that if they can refocus their resources on their core competency, they would be much more competitive in their respective markets,

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.