Predictive analytics

Most firms are more ready than they realize to implement the technology, and they fail to see the countless opportunities at hand.

Over the next 12 months, nearly 80 percent of organizations plan to increase their investments for data processing in the cloud, a new study reveals.

The rapidly evolving business intelligence and analytics market is being influenced by seven dynamic trends, according to Gartner Group.

Organizations will use ‘time series forecasting’ to predict, control and change future events and outcomes.

The startup believes it has a winning formula combining big data, smartphones, and machine learning with consumers’ need for instantaneous service.

Veteran of AIG and Verisk Analytics returns to the carrier side of the business.

Brad Gabel arrives at the Birmingham, Alabama-based life insurer by way of TIAA-CREF.

Julianna Muir takes over position as SVP, head of strategy and innovation, after working on analytics-driven commercial underwriting platform.

(Updated with response from industry groups) Bulletin from insurance commissioner classifies all pricing decisions under underwriting rules.

Arium will join Verisk’s AIR Worldwide business, helping insurers and reinsurers better manage risk across their portfolios.