Banco Popular de Puerto Rico

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.

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

By starting fresh with clean data sets and modern technology, insurers will not only get out of the legacy data quagmire but also set themselves up to take advantage of more cutting-edge technologies.

Personal lines organizations need to look at their business structures from an outside-in, consumer perspective, as well as traditional inside-out, operational perspective, and then reimagine business units and operational outcomes.

The insurtech movement has been underway for the better part of a decade. Now that we have entered the 2020s, it might be worth exploring what could be on the horizon.

Early research from Celent quantifies initial reactions

Amid record low travel and vehicle miles traveled, speeding and crashes in cities around the United States have increased.

Facilitating the banking and financial services sector’s digital makeover serves as a prime example of what’s possible when development-killing barriers are removed and a new era of connectivity is delivered.

When this is all an anxious memory, companies who dropped the red tape holding them back and embraced radical change may well reap huge long term benefits.