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Zurich said it has taken its first steps to improve the profitability of its general insurance unit, including job cuts and an exit from part of the U.S. transportation business.

Two of the key tools of innovation can bridge the gap that exists in the download between insurers and agents: actual ideation and crowdsourcing.

The message to insurers is strict and clear: one day the insurance industry will have its own Uber that comes in and disrupts the traditional insurance business model.

Covering all 50 states, the awards include commitments from more than 250 organizations.

By 2019, software platforms and analytics services will each drive more revenues globally than professional services in IoT markets, says ABI Research.

In today’s economy, insurance companies face many challenges, including regulatory and risk management requirements, legacy technology, and potentially overwhelming floods of data.  Watch this video and learn how developing the right business partnerships can help you improve efficiency and tackle these challenges head on.

As the company enters a restructuring phase following weakening financial results, tech innovation is a priority.

The P&C brokerage has selected the EigenPrism platform for catastrophe exposure analytics and modeling.

NLC cited Thunderhead's integration with the company's Guidewire core systems environment as a key selling point.

Insurance issues like security, speed to market and business-IT alignment are shared by CIOs across industries, according to the Society of Information Management.

Lately, CIOs have been overwhelmed by the big data tsunami, as stated in a recent report out of Experian.

The winning project was the successful implementation of straight through processing for claims handling of med-only workers’ compensation claims.

SecurityScorecard will monitor cyber risk across the insurer's IT value chain.

Matt Josefowicz, managing director, Novarica, is given 60 seconds to explain the evolution of big data and how to build an analytics culture.

In 60 seconds we are shown how to identify the mobile capabilities that personal P&C insurers must offer in order to compete in the marketplace.

Docusign and Visa have developed a prototype platform for handling lease-related transactions, including insurance enrollment, right from the car.

While noting that his company is hiring from Google and Amazon in order to spend it's $153 million tech budget effectively, the industry overall, Wilson says, is far behind other sectors when it comes to technology innovation.

The insurer has partnered with Clemson University to develop a risk engineering and analytics center and to establish the Robert Benmosche Endowed Professorship in Risk Engineering and Systems Analytics.

Gartner recommends that organizations apply infonomics principles to customer data by managing it with the same discipline as any other corporate asset.

As new technologies continue to emerge, how do we, as an industry, incorporate them into new or existing products and services?