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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.
May 11 -
The multiline insurer is giving developers an opportunity to solve business problems in a two-day event.
May 10Digital Insurance -
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.
May 7 -
Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.
May 4 -
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.
May 4 -
Increasing adoption of digital processes, artificial intelligence and machine learning is opening up new opportunities for the profession.
May 3 -
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.
May 3 -
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.
May 2 -
New software the company is rolling out for more utilitarian UAVs may play a more lasting role in its attempts to spread the reach of its chips.
May 1 -
Relying on a cloud vendor to protect digital assets isn't enough. Firms need an enhanced strategy that involves all employees in the effort.
May 1