Organization Root Tag

The deal helps the firm to add programming tools and tie up with a company that has become a key part of the way it writes its own software.

The digital giant's involvement with an Indian insurtech doesn't mean it will be selling policies soon, but does give insurers something to think about.

Insurer and its Arity and Answer Financial subsidiaries will leverage data collected through Life360 for driver feedback and insurance options.

Advanced analytics capabilities are the key platform for new products and services, EY’s David Bassi says.

Amelia platform from IPsoft has been involved in more than 3 million customer conversations since September.

The $724 million in deal volume so far this year is a significant increase from the same period in 2017, say Willis Towers Watson and CB Insights.

Carrier staff assigned to transformation efforts need to find strong champions and set clear expectations, says MetLife CIO.

Miguel Edwards is responsible for digital customer experience improvement in his new position.

Carriers must compete on insights from consumer information, not just the convenience of digital-app services.

Five ways that digital technology is transforming the insurance workplace just as much as product.

While information on customers is readily available, danger scenarios are also changing rapidly, says insurer's personal insurance leader.

After thousands of unmanned-aerial-vehicle flights, the carrier sees even more use cases for the technology, says chief claims officer Ken Rosen.

It may seem daunting for carriers to navigate all the advancements happening in technology, but there are key items to keep in mind, says EY's Sophie Yen.

The multiline insurer is giving developers an opportunity to solve business problems in a two-day event.

The insurance giant said it would need to make a “significant additional investment” to gain scale and be competitive. It has hired an investment banker to help it unload deposits and loans.

Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.

The insurer embeds new technologies, such as AI and IoT, into its organization on an ad-hoc basis, rather than developing products separately in a lab and force-fitting them.

Increasing adoption of digital processes, artificial intelligence and machine learning is opening up new opportunities for the profession.

Carriers cite the speed of product development in these programs and the ease of access to dozens of startups in one location as major benefits of these relationships.

In a sign of its ambition, last month, CVS hired a senior executive from a startup that specializes in primary-care clinics to oversee expanded health-care services across the company.