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The P&C segment for the multiline insurer is building a more transparent experience on Guidewire's platform.

The smartphone application is a response to recent upticks in ransomware attacks, the company says.

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

The majority of the funding is designated for Texas and Florida, with most of the commonwealth's needs to be addressed at a later date.

The company's young, but aggressive strategy is changing the company's culture, says Jim Korcykoski, EVP and CISO.

Toronto-based insurer is the latest carrier to adopt voice-assistant technology as an additional communication tool for policyholders.

But IT personnel too often feel they lack the skills, technology and bandwidth to create the data-centric foundation needed.

ACA mandate repeal and medical expense deductibility may jeopardize the legislation, legislators say.

The range of technologies that are part of the AI family give carriers a lot of options in using it.

The carrier used information from the insurtech's network of sensors to respond to a weather event in Denver.

Groups say the move would destabilize the health insurance market and raise premiums.

Less than one-fifth of top life insurance carriers have a policyholder smartphone app, according to Aite Group research, leaving lots of room for improvement in leveraging the channel.

Insurer will provide emergency assistance to drivers via Waze's mobile app.

A new study finds that 69% of organizations mistakenly think information protection, privacy and compliance are the responsibility of the service provider.

Making the change would produce an estimated $338 billion in savings over 10 years that would help legislators meet fiscal targets.

Vendor will provide insurer with an automated cloud-based platform offering portfolio data, accounting entries and reporting tools.

Insuring against natural disasters could reach unaffordable levels for households and companies, while the potential damage is so unpredictable it may be impossible to model.

In order to raise the profile of the industry and encourage data graduates to join their firms, several carriers are partnering with colleges to get closer to students.

Yet despite widespread awareness, the deficit of trained personnel is growing worse

Because they gather and hold so much data, carriers enjoy a supreme advantage as data-driven models take over.