Subject Root Tag

Implementing advanced artificial intelligence strategies will require IT leaders to convince workers on the overall benefits of using these emerging technologies.

The insurance industry in the midst of major structural changes, led by those willing to take risks and go against the inertia of a venerable sector.

Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.

These carriers and others have begun to consolidate efforts under executive-level leadership, with mission statements and budgets to match.

The insurer embeds new technologies, such as AI and IoT, into its organization on an ad-hoc basis, rather than developing products separately in a lab and force-fitting them.

Increasing adoption of digital processes, artificial intelligence and machine learning is opening up new opportunities for the profession.

Carriers cite the speed of product development in these programs and the ease of access to dozens of startups in one location as major benefits of these relationships.

Most organizations believe the addition of eye scans and other advanced authentication secure their data better than the use of passwords alone.

In a sign of its ambition, last month, CVS hired a senior executive from a startup that specializes in primary-care clinics to oversee expanded health-care services across the company.

Since there is no specific certification, compliance is based largely on certain 'appropriateness' standards and it’s up to each organization to determine what that means.

Companies have an obligation to address the unintended consequences of advances and innovations that enable damaging cyberattacks.

Consumer product, financial services, healthcare, and even technology, among the industries not fully addressing problems, according to new research.

By joining forces with the rental marketplace, the insurtech will be able to reach new renters at a time when their propensity to buy insurance is higher.

New software the company is rolling out for more utilitarian UAVs may play a more lasting role in its attempts to spread the reach of its chips.

The industry isn't as reticent to adopt new technologies as it has been viewed, but its patience has advantages with quickly evolving segments.

The firm has improved claims processing, premium production, fraud management and other crucial operations, and strengthened relationships with agencies and policyholders, says CIO.

Relying on a cloud vendor to protect digital assets isn't enough. Firms need an enhanced strategy that involves all employees in the effort.

CIOs are now pulling in quarter-million dollar paychecks, while the top salaries start at $150,000 and are all geared toward management roles.

Managing this crucial component of data management will help carriers get better results from their analytics, AI and blockchain initiatives.

The commercial insurance broker's pilot, in partnership with IBM and ACORD, is the second such initiative in the P&C sector.