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Worldwide IT spending will reach $3.7 trillion this year, with the primary drivers of growth being projects in digital business, blockchain, the IoT, machine learning and artificial intelligence.

The pair's goal is to boost the insurance industry’s adoption of telematics and the Internet of Things.

Vendor will offer insurtechs the opportunity to showcase their technology as ancillary features on its flagship InsurancePlatform.

Insurers and insurtechs have an opportunity to join forces in raising the profile of the industry as a digital destination.

The tech leader will stay on until a replacement is named.

Kerry Goff previously served as senior director of infrastructure architecture and engineering for the life insurer.

The rise of serverless computing, a bigger balance between cloud and local systems, and renewable energy adoption are among the priorities for a growing number of organizations.

Three-fifths of carrier respondents to a survey say that they are increasing use of cloud as part of larger platform modernization.

It's important to fill positions with digital natives who understand the connected world, CEOs from AIG, EMC and Argo Group said in panel discussion.

But carriers are looking for these technologies to prove themselves before widespread deployment, says Novarica study.

Driving this transition will be the growing number of Internet of Things devices and the rapid maturation of artificial intelligence and machine learning technologies.

A review of the list of startups included in two insurance technology winter accelerator programs shows that almost half are headquartered outside of the U.S.

The life insurer has built a foundation of data to power next-generation partnerships, says chief digital officer Greg Baxter.

This year will unleash a major disruption for the analytics and information management space. It will upend decades worth of accepted practices and introduce new winners and losers.

The life and annuity insurer is banking on accelerated, data-driven underwriting in a strategic shift inspired by the proliferation of insurtech companies in its vertical.

Carriers can take their digital cues for the year from the dominant topics at the gathering of technologists.

Vendor’s technology searches for indicators as first notice of loss information comes in, giving users access to a business intelligence dashboard.

Policyholders had difficulty finding care providers who’d accept their ACA plan insurance, and found that even doctors listed by the insurer as taking the coverage often didn’t.

While the popular focus is on a fully autonomous future, Tom Wilson says there are short-term digital opportunities for insurers around using the data.

If you are an owner of insurance technology ecosystems, and are wondering what to do, the answer is patch.