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Application helps U.S. P&C insurers model their business, enabling improved management of risk and capital, company says.

Two people with knowledge of the matter say any decision could be months away.

As we enter 2014, we’re ready to design solutions that change insurance from a backward-facing, financial indemnity product to a continuous, predictive, risk management service.

With big data and machine learning tools and algorithms, the possibilities are endless.

Consumers will be exposed to new forms of access technologies and integrated service offerings, while enterprises will increasingly virtualize communications and computing operations, the firm says.

U.S. organizations think one-quarter of their data is inaccurate, which negatively impacts business intelligence, marketing and customer engagement efforts.

Shifting mobile strategies and two other trends will change the industry in 2014 and beyond, according to an Aite Group report.

The Centers for Medicare and Medicaid Services did not believe CGI Federal, its former Healthcare.gov contractor, could complete its work on the site in time, and thus selected Accenture as the new contractor with a no-bid $90 million-plus contract, according to documents.

Insurer is looking at new distribution deals, particularly in Malaysia, Indonesia, Mexico and Brazil.

Naveen Baweja will provide leadership and support to the underwriting transformation initiatives component of CNA's multiyear investment to improve business processes and technology.