Predictive analytics

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.

Life and annuity carriers were especially discouraged by the quality of their data, says survey.

Nearly 4 in 10 data science tasks will be automated by 2020, Gartner predicts, making insight more accessible to people who aren't pure data scientists.

The acquisition continues the insurance technology company's aggressive M&A strategy.

Insurance execs are hungry for education on big data and analytics, according to Celent/The Institutes survey.

Respondents generally believe that big data will provide their company with a competitive advantage. But they cite several challenges to that goal.

New NAIC president says one of his 2017 goals is to spend more time familiarizing himself and his regulators with the new technologies permeating the industry.

Chris Du Bois has been with the company since 2010.

Participants in the Des Moines insurtech organization's third group benefit from new perks this year.

The life insurer's new venture capital unit plans to make investments of up to $3 million in relevant startups.

The Michigan insurer worked with Information Builders to translate its terabytes of data into actionable insight.

Data mining techniques may be able to more readily identify red flags or spot patterns that suggest fraud, but insurers will still need to rely on data-minded teams to create the algorithms and systems that will detect it and root it out.

The Caribbean insurer aims to improve both claims and underwriting performance with the move.

Hippo, an insurtech startup looking to provide home insurance beginning in 2017, has announced $14 million in Series A funding led by VC firm Horizons Ventures.

The P&C insurer selects Valen Analytics to bolster its underwriting capabilities.

As analytical efforts mature at an organization, it becomes increasingly important to build cross-functional teams in which data science is the primary focus and tool.