Cloud computing

EY will serve as the implementation partner for the core systems revamp.

Insurance is joining the digital revolution in a big way. But the costs of insurance back-office operations need to come down to open up the gates of innovation.

As part of ongoing modernization efforts, the insurer will convert all its existing policies to digital.

New technology puts the onus on insurers to create platforms that can ingest new business models, says Farmers Insurance head of product innovation Mariel Devesa.

Security needs to be part of all application and data activities up and down enterprises.

The European insurer is adding several crucial capabilities through partnerships, says COO.

Chosen startups will receive funding, weekly mentor sessions with industry leaders, and opportunities for pilot projects.

The German auto insurer will use data collected from IMS' DriveSync5 to reward drivers with discounts on premiums.

Only one-third of organizations are actively preparing for the negative impact IoT could have on their business, study finds.

Compromised credentials still cause almost a quarter of all data breaches, the Cloud Security Alliance finds.