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92 percent of executives, including insurers, say their big data projects are yielding results.

New research from Allianz Global Corporate & Specialty finds that close to 70 percent of financial losses are the result of just 10 causes. Fires, plane crashes and natural disasters all rate near the top of the list.

Philip Fasano, formerly of Kaiser Permanente, will assume the newly created post in October.

Extremely low interest rates for investments and years in which losses for reinsurers were relatively low are adding pressure on prices.

The application is intended to help agencies, carriers and MGAs reduce IT costs and operational burdens.

Record reinsurance capacity is driving growth capital for insurers.

More insurance companies are undertaking big data projects, especially in actuarial, product development, and underwriting.

Technology is getting smarter, faster. Are you? Experts including the authors of The Second Machine Age, Erik Brynjolfsson and Andrew McAfee, examine the impact that “thinking” machines may have on top-management roles.

The effects can reaching from the hit to companies' and individuals' reputations and careers, morale and stock value, to the heavy toll on the customer service, operations and technology teams.

The new Netsett platform will use structured data to enable the exchange and settlement of accounting information automatically.