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Accenture and Forrester research found insurers ramping up a spectrum of digital transformation initiatives.

With IBM's acquisition of The Weather Company and its large insurance customer base, Watson analytics may be able to help assess weather risks days before things happen.

The insurer is supporting Augury, which uses sensors to predict HVAC equipment breakdown.

All three major big data submarkets—infrastructure, software and services—are expected to grow over the next five years, report says.

The company has consolidated 13 lines onto the new claims system.

The commercial insurer will use the software in its specialty lines unit.

The companies will form a group of strategic partners to work together on areas conducive to promoting connected electric cars.

Insurers will benefit from early adoption of new techs, but there are barriers, says SMA's Mark Breading.

The Beijing- based company also is investing in insurers in South Korea and Belgium.

Separately, Zurich last week announced 200 job cuts at the general-insurance business.