Data and information management

For carriers looking to position themselves to succeed in the future, it can be a challenge to promote innovative thinking.

The EU's General Data Protection Regulation will require firms to get consent to use personal data in automating decisions.

Do insurers own the required skills internally, or do they need to find them outside of their firms?

Infosys partnership will help the life insurer realize customer service and data mastery goals, says CEO Brooks Tingle.

A concurrent percentage have in place a management initiative or transformation program to make their business more digital.

Despite automated tools, the skills gap has increased, leaving organizations vulnerable, says Ponemon Institute expert.

Effective leaders establish and communicate a short list of priorities linked to business objectives so that everyone can align and contribute.

Forrester Research has identified three EA trends that can help CIOs and IT organizations improve their transformational efforts.

New numbers from the Bureau of Labor Statistics show that these roles top IT hiring in the tech sector, while there was a decline last month in such recruiting among 'user' organizations.

It may seem daunting for carriers to navigate all the advancements happening in technology, but there are key items to keep in mind, says EY's Sophie Yen.

Organizations are struggling to fill critical IT, analytics and security jobs, especially in the advanced skills and management ranks. The job is made harder by job seekers that only want consultant roles.

These industry newcomers from Plug & Play's summer program are focused on providing solutions that insurers in any line of business can use.

An in-depth examination at what the industry may look like in 2030 highlights dramatic changes across the value chain.

Carrier's new digital marketplace will assist agents in the underwriting process with faster, more intuitive interface.

Carriers are able to leverage delayed flight information to provide customers with various other options of travel, similar to the hospitality online marketplace.

Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.

The insurer embeds new technologies, such as AI and IoT, into its organization on an ad-hoc basis, rather than developing products separately in a lab and force-fitting them.

Increasing adoption of digital processes, artificial intelligence and machine learning is opening up new opportunities for the profession.

Most organizations believe the addition of eye scans and other advanced authentication secure their data better than the use of passwords alone.

Since there is no specific certification, compliance is based largely on certain 'appropriateness' standards and it’s up to each organization to determine what that means.