Predictive analytics

The application, developed with Cambridge Mobile Telematics, is the latest example of carriers turning to telematics to thwart distracted driving.

Organizations combining innovative talent, diverse data, and applied intelligence can use data-driven insights to improve customer experience, says Accenture's Debbie Polishook.

IT jobs will be concentrated at the insurer's Cleveland and Colorado Springs locations as it looks to fill 7,500 total positions across departments.

The adoption of machine learning and the need for access to data beyond just data science team is changing how many firms approach information warehousing.

Effective managers are analytical leaders who are adaptable and possess systematic and methodological ways to achieve results.

Tom Bolt is charged with helping the company improve pricing decisions using data and analytics.

The insurer partners with California-based insurtech Carpe Data to further investigate incoming claims.

Both parties have good intentions, wanting to do what’s best for the organization, yet conflicting priorities and viewpoints make them frequently go head to head.

Many of these dangers stem from the increasing reliance of financial services companies on outside technology firms.

With today’s digital tools and platforms, the technology can be applied to various aspects of the insurance value chain.

Jon Colello, president and head of underwriting, advises carriers to focus on technologies and partnerships reducing data sharing costs.

The move follows new CEO Brian Duperreault’s earlier assertions the insurer would develop data science and analytics capabilities for underwriting.

Organizations that have been successful with business intelligence are more likely to adopt the tech than their less successful counterparts, says study.

Carriers are working to change the culture around underwriting to be more data-driven, says EY study.

The company is developing an instant-issue platform that delivers life policies to customers without fluid testing.

Modeling and experimentation are common across the industry, but nothing replaces the value of real-world events, says IBHS president and CEO Julie Rochman.

Captured images from planes are run through the insurer's analytics software to reimburse policyholders on flooded automobiles.

Data plays a key role in understanding what your customers will be looking to buy next year, in five years or in 10 years, and how that impacts your staffing needs.

Top P&C insurers are keen on helping agents acquire new business using mobile channels, as well as e-signature and predictive fraud scoring initiatives, Novarica finds.

Those assuming the job must combine technology expertise, business savvy and a vision of the organization's future, says Pierre Peladeau.