Insure Think

The new focus will be on the information that business users and business-focused analysts can utilize in their everyday decision-making.

Insurers face the risk of investing too heavily in RPA if they treat it as a long-term solution rather than a temporary fix.

There is no question that understanding the technologies themselves are important, but it is about what the technologies mean for customers, risks, and operations.

And insurers are ready to feed that beast, as initiatives at MetLife and others show.

Many organizations are harnessing only a fraction of the potential value of analytics and thus missing out on the chance to turn insights into a competitive advantage.

Major business intelligence providers are building tools designed to introduce more employees to data analytics, with a focus on three key areas: accessibility, collaboration and consumability.

When moving away from familiar systems and deploying something new, a failure to plan properly could be disastrous.

Efforts to make AI more accessible also may alleviate the shortages of data and computer scientists.

Carriers need to be more on notice than ever that marketplace could change rapidly after Senate tax bill passes with repeal included.

Investing in a company via a fund is a different level of involvement from incubating a startup.

The industry's human element is an asset that can’t be abandoned, especially at a time when disruptors are attempting to come in from all directions.

A cybersecurity governance group with multiple stakeholders will help the organization understand security initiatives and align them with the business.

Advancements in natural language processing and machine learning algorithms are enabling machines to create human-like, digital conversations.

Both parties have good intentions, wanting to do what’s best for the organization, yet conflicting priorities and viewpoints make them frequently go head to head.

Many of these dangers stem from the increasing reliance of financial services companies on outside technology firms.

The range of technologies that are part of the AI family give carriers a lot of options in using it.

Because they gather and hold so much data, carriers enjoy a supreme advantage as data-driven models take over.

Some tasks require so much human judgment, intuition and empathy that it will be a very long time, if ever, before AI assumes control.

Blockchain may well become foundational to the business world and pervasive in insurance, but it is likely to evolve gradually over the next decade.

With today’s digital tools and platforms, the technology can be applied to various aspects of the insurance value chain.

Eliminating the Obamacare component is seen as a way to pay for tax cuts, but its removal could cause instability in the health insurance market.

Policyholders like what digitally focused entrants have to offer, but are more likely to trust established players.

Companies are looking for tighter bonds with their customers, and insurance companies have lots of information to offer.

Strong vetting is crucial to establishing a relationship with a trusted business partner, and paving the way for a successful technology initiative with long-lasting results.

The data discord happening at some organizations may be the result of unclear expectations or a lapse in communication between these individuals.

Most consumers have already benefited from digital, mobile self-service, but have also been victims of tech gone wrong.

Enterprises remain committed to building on their legacy infrastructures, but the massive influx of data poses new challenges to incorporating it all.

Private digital health insurance exchanges could see a boost after President Trump's executive action.

A proposed executive order could exempt "association" health plans from ACA regulations designed to protect people with pre-existing conditions.

By working with Slice, the incumbent insurer will be able to break into a new business line.

Emerging AI technologies will allow insurers to make more nuanced, on-demand decisions and expand their product portfolio.

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

It’s critical that today's students understand how analytics is evolving and how artificial intelligence can help solve real world problems.

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

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

Agine development can help carriers realize their digital goals faster than traditional methods.

While savvy digital transformation can boost businesses, carrier leaders also have to contend with those insurtechs striking out on their own.

But Zhong An's viability is still under review by investors.

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.

In the wake of hurricanes Irma and Harvey, insurers need to use all tools at their disposal to ensure risks are covered adequately.

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

DI's Women in Insurance Leadership need to understand todays digital environment, especially the tech-fluent generations that require new kinds of coverages as their needs mature.

But with a variety of software for reinsurance claims management increasingly available, that may be changing.

Most initiatives that are designed to improve business performance fail because the organization doesn’t adequately explain the benefits with the change.

This year’s WIL honorees place business goals and achievement ahead of gender concerns.

With data warehouses and modern reporting tools, insurers are better equipped to understand the impact of the catastrophes.

Insurers deploying drones, accessing mobile uploads and analyzing weather data to ensure proper settlement.

Advanced artificial intelligence technology can upend even the most entrenched insurtech.

DR planning is a critical component of every information management strategy, even if the data center is in the cloud.

Data plays a key role in understanding what your customers will be looking to buy next year, in five years or in 10 years, and how that impacts your staffing needs.

The number of incidents has risen rapidly in recent years, but organizations are learning from their mistakes and making improvements.