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CIOs must also reshape the technology team to nurture and grow the application of digital as a strategic asset of the business.

Insurance group says Volvo collision avoidance tech that was turned off could've prevented or mitigated a crash that killed an Arizona woman.

The new devices use LoRaWAN low-power wide-area networks wireless technology, with extended range thanks to cellular technology.

The insurer is looking to strengthen its digital presence to meet changing consumer preferences.

The insurer's approach to key initiatives and goals has moved away from traditional calendarization to more fluid dialog, says Greg Driscoll.

Agreement covers claims and customer-interaction technologies developed by the pay-per-mile insurer.

IT execs point to inconsistent data, incompatible technologies and organizational silos as major impediments.

Effectively securing this valuable data requires a high level of diligence on behalf of carriers and their partners.

A new part of the company’s global underwriting and analytics office, AXIS Digital Ventures will look to build partnerships to improve distribution.

Worldwide, the IaaS market surged 29.5 percent in 2017.

Powered by a partnership with insurtech Slice, the carrier has launched a product for homesharers, and sees potential for similar initiatives.

Many carriers apply data analytics and artificial intelligence to stay on top of workforce requirements.

The market for enterprise storage is on the rise, bolstered by the impact of data analytics.

A large majority of CIOs expect cyber security threats to increase over the next three years, but many say their organization does not have a cyber security expert, according to Gartner.

Making it easier to acquire coverage at the point of sale represents a major digitally driven boost to the industry.

In finance, manufacturing and healthcare, decision makers are mainly motivated for digital transformation by the need to increase operational efficiency, Fujitsu finds.

When advancing digital capabilities in a tactical fashion, flexibility must be a core project goal.

Startup companies targeting the insurance sector are seeing more investment, but not to the level of the biggest deals in other financial sectors.

The technology is a great case study in how the modern industry is leveraging technology.

Since CEOs are now at least asking about digital transformation, and every technology vendor now claims expertise in digital transformation, it’s time to burst a few of the myths surrounding digital transformation.