Digital Platforms

The ability of modern tech entrants to analyze insurers' large data sets is a key part of their value propositions.

Artificial intelligence, followed by digital security and the IoT are the most differentiating technologies, but also among the hardest to hire for, say IT leaders.

Commercial insurer joins Des Moines, Iowa-based program as investor and program mentor.

Richard Smith will apologize for the breach and outlined a chronology of key events in Congressional testimony today.

There are opportunities for carriers of all sizes to get involved, as many startups looking for pilot customers will lower costs to get their foot in the door.

Equifax's data breach may be the most serious, given that it covered 143 million consumers and involved reams of confidential information, but it wasn't the largest. Following are the biggest to date.

Insurers, municipalities and venture firms are teaming up to identify winning startup technology companies and develop effective solutions for the industry.

Insurance companies can help consumers stay informed on risks to lives and property, evolving them into life-coaches.

Organizations paid $301M to cyber attackers in 2016, and incidents are expected to increase over the next two years.

Companies with good remote work procedures can easily switch from in-office setups to work from home or work from alternate location needs.

Ten to 12 startups will be accepted into the three-month program each year and work out of the Upward Hartford WeWork space.

Insurer’s personal insurance unit is looking to develop lasting relationships with startups in big data, AI and more.

Carriers are wise to shore up security governance, data protection and incident response strategies, says Novarica's Tom Benton.

Many organizations struggle with an overwhelming amount of threat information, coupled with a lack of staff expertise to analyze it.

Take a look at this year's Women in Insurance Leadership honorees preparing for their Digital Insurance photoshoot.

Several varieties of produce aren't covered by the initiative because the risk growers face is unclear.

Carriers should partner with upstart companies to speed digitalization, consultant adds.

Executives from Liberty Mutual and Zurich discuss digital transformation strategies at Boston conference.

Glatfelter Insurance CIO studies business side's needs to build the best tech environment.

The company is developing an instant-issue platform that delivers life policies to customers without fluid testing.

Executive's priorities are transitioning the product-centric organization to one focused more on the customer.

Carrier is looking to develop customer experience comparable to that of Amazon and Google, according to Cathleen Scerbo, VP of IT business operations.

Almost a decade after Zurich's implementation, the insurer's cloud journey presents lessons for carriers undergoing similar projects.

This information is exactly what is relied on to verify someone’s identity. It is simply a gold mine for potential identity thieves.

The key number in question is an insurer’s PML, or probable maximum loss, due to a major weather event.

SVP and CIO has worked to support the professional development of women in the sector while delivering on innovative projects for the carrier.

Insurers using drones to expedite claims processing after recent storms also will contend with private UAV users flaunting regulations.

Modeling and experimentation are common across the industry, but nothing replaces the value of real-world events, says IBHS president and CEO Julie Rochman.

The storm will test how well insurers have priced risk, and the supplemental data from geospatial sources can help carriers lay the groundwork for future risk management.

Insurers' investments in technologies to settle claims faster and with more accuracy are answering the bell of massive storms.

Intruders accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers, the company said.

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.