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Due to retirement and outsourcing, insurers are facing a steep drop in institutional knowledge about the industry, their products and processes.

Britain’s largest insurer is benefiting from an expanding middle class and growing insurance coverage in Asia, where it gets about a third of its earnings.

Said Taiym will implement emerging technologies that will aid the broker in delivering improved strategic risk solutions for clients.

Nearly half of IT security pros think in the next year they will either struggle to deal with the increase of cyberattacks or that it will be impossible to defend against them, study finds.

Life & annuity carriers have had valuable opportunities to learn about new technologies, and not necessarily from their own mistakes.

Emerging technologies such as IoT, wearables and autonomous vehicles require rapt attention from insurers now, as they can fundamentally change the industry in ways never before seen.

Anthony Vidovich takes over the strategic direction of claims for the carrier's general insurance business, encompassing commercial and personal lines.

The insurer will leverage the university's research in the Internet of Things, data science and machine learning to help improve the life underwriting process.

Emerging or re-emerging hot technologies are helping to drive much of the increased spending on enterprise software, which is projected to rise by 11.1 percent in 2018.

The insurer set up an innovation lab in 2016 with SVP of Commercial Auto Kim Garland at the helm, but also keeps a sharp eye out for transformation occurring outside company walls by insurtechs.