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By 2016, 25 percent of large global companies will have adopted big data analytics for at least one security or fraud detection use case.
February 14 -
Net income was $1.98 billion, or $1.34 a share, compared with a loss of $3.96 billion a year earlier that was fueled by costs tied to Superstorm Sandy and the planned sale of a plane-leasing unit.
February 14 -
At $40 billion, insured losses were well below the 10-year average of $60 billion.
February 13 -
BillingCenter expected to improve flexibility, customer service and speed to market.
February 13 -
Obamacare health plans enrolled 3.3 million people through January, with young adult participants increasing 65 percent from a month earlier.
February 13 -
The reason excellent customer experience is hard for so many insurance companies? Legacy technology infrastructure.
February 13
Perseus Technical Strategies, LLC -
Insurance today offers a lesson in economics. Traditional product development (supply) is not meeting modern consumer needs (demand). The result is a loss of potential revenue. What is needed is transformational thinking’. (For a definition of transformational thinking and legacy thinking, see my first blog.see my first blog.)
February 12
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The general manager of usage-based insurance says predictive models are the "secret sauce" that gives the company a competitive advantage in the space.
February 12
Insurance Networking News -
Conan Ward looks forward to building a "cutting-edge team who knows how to marry the products well be selling with the risks of the future."
February 12 -
Thirteen percent of insurers say enterprisewide data management is a significant strength, and 19 percent are confident in their company's multi-asset risk tools, according to a report from State Street.
February 12 -
Insurers are ready to design digital solutions that change the industry into a continuous, predictive, risk management service.
February 12
Celent -
Disruptive technologies - from wearable devices to cognitive analytics to crowdsourcing - present unprecedented opportunities, but they also challenges on how to balance experimentation for tomorrow with the realities of today, according to Deloitte report.
February 11 -
Oklahoma and Texas led in insured CAT loss payouts; overall, insured CAT losses declined compared to 2012.
February 11 -
Insurer will take advantage of C Spires 23,800-square-foot $20 million data center, which is expected to open in November 2014.
February 11 -
Big data and models help overcome biases that cloud judgment, but many executive decisions also require bold action inspired by self-confidence. Heres how to take charge in a clear-headed way.
February 11 -
Cloud is cheap up front, but full of hidden costs. Here are eight potential "gotchas"
February 11
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App from Jarus Customer Center includes policy inquiry, online payment, accident help, submit claim and policy documents.
February 10 -
Employers with fewer than 100 workers wont have to provide health insurance until 2016 under Obamacare, as the administration said it would again delay a key requirement of the health law.
February 10 -
The Bright Choices Exchange is designed to offer ancillary benefits and access to mid-sized and large employers nationwide.
February 10 -
Pet insurance has been the fastest growing category in insurance sales despite the squeeze on household incomes.
February 10