Data and information management

The reinsurer receives full underwriting, claims, accounting, and reporting capabilities, courtesy of StoneRiver, Inc.

The desire today for a career in data science is exceeded only by the difficulty of breaking into the field.

The World Economic Forum has identified blockchain technology as one of six computing “ mega-trends” shaping society in the coming decade.

Not all carriers are completely ready to lock in to a cloud-based service model in which core systems’ computing resources are shared and maintained on the Internet.

The policy directive covers any cyber incident, establishes lead federal agencies to coordinate responses, and requires the departments of Justice and Homeland Security to maintain updated contact information for public use to report incidents.

Metlife’s goal was to use advanced analytics to manage liquidity and optimize the use of highly liquid assets.

Hawaii-based insurer hopes better analytics will speed up underwriting decisions.

The new AMsuite platform will support American Modern's refreshed suite of personal lines products.

Customers are now encouraged to provide service-specific ratings on the carrier’s website.

Carriers will continue to invest in managing and analyzing both structured and unstructured data from telematics, wearables and weather, Celent predicts.

Gartner earlier this month released its latest IT spending forecast. While overall global IT expenditures are projected to be flat this year, software was a bright spot.

The strategy remains a good way for newcomers to enter the market, but carriers must provide additional value propositions to the consumer, Novarica says.

With the acquisition, the health insurance technology provider expands its services into the group benefits market.

Study finds organizations struggle to extract meaningful business insights from data quickly.

More insurers are treating data, business intelligence and analytics as a functional area of the business, resulting in increased technology investments and staffing.

Significant strides in file encryption technology is a main driver of growth in the ransomware business, study finds.

The Streetwide Drivers Club app allows customers to earn rewards points toward gift cards on popular brands and receive premium discounts.

AI may not be a perfect fit for insurance companies, at least not yet.

Other concerns for insurers include how to allocate liability when accidents occur and driver safety on roads, Munich Re notes.

The agreement fuels recent trends of vendor M&A activity in the industry, as insurtech providers align themselves to create better market position.