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Carriers will continue to invest in managing and analyzing both structured and unstructured data from telematics, wearables and weather, Celent predicts.
July 22
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The strategy remains a good way for newcomers to enter the market, but carriers must provide additional value propositions to the consumer, Novarica says.
July 21 -
With the acquisition, the health insurance technology provider expands its services into the group benefits market.
July 21 -
More insurers are treating data, business intelligence and analytics as a functional area of the business, resulting in increased technology investments and staffing.
July 20
ReSource Pro -
The Streetwide Drivers Club app allows customers to earn rewards points toward gift cards on popular brands and receive premium discounts.
July 19 -
AI may not be a perfect fit for insurance companies, at least not yet.
July 19
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Having a vision statement and defining the future state of each business process can greatly aid insurer's core replacement efforts.
July 18
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Opportunities arise for insurers to catch customers as Pokemon GO users wander into dangerous places.
July 18
Celent -
Competition between large health insurers lowers costs for consumers and improves the quality of their coverage, government official says.
July 18 -
In a world in which insurers are considering using wearables like FitBit to validate claims data, apps like Pokemon GO offer the same information in much greater detail.
July 18
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The UK insurer expands its current relationship with the vendor, having already deployed Guidewire for billing.
July 18 -
Automation of certain processes was cited as a driver in the selection.
July 15 -
The workers' comp insurer will also deploy Oceanwide's agent portal, per the agreement.
July 14 -
The new tool can be used by homeowners seeking up to $1.5 million of coverage for their home and up to $1 million for condominiums.
July 14 -
The platform will allow brokers to offer customized pricing options based on submitted information by customers.
July 13 -
Front office and back office apps need to talk to one another to make sure companies are able to win, serve, and retain customers.
July 13
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The P&C insurer adds to its initial implementation of Guidewire ClaimCenter in 2010.
July 12 -
Carriers have different measures of success when working with startups, ranging from introducing staff to new technologies to forming strategic partnerships for financial return, according to Novarica.
July 11 -
McKinsey identifies innovators developing blockchain-based solutions to help insurers onboard customers, detect fraud, and more.
July 7 -
The vendor will manage Atlas' end-to-end billing process using its Billing Decision platform.
July 7
