Data and information management

The insurer is using more public data to improve underwriting results and decrease the number of questions the insurer has to ask consumers to underwrite them.

Read how and why insurers are taking the lead in mastering big data and analytics with INN's roster of 10 leading carriers across lines of business.

Insurers are in a great position to lead in getting real business results from big data and analytics investments, as these 10 carriers demonstrate.

The life insurer is taking the lead on leveraging wearables to improve the onboarding experience. "The ability of this data, and predictive modeling, to offer the client a more streamlined and more personalized underwriting process, is crucial," says Brooks Tingle, SVP of insurance marketing and strategy.

MassMutual is adding big data talent to its team each year in partnership with several local colleges. "It's so hard to find to seasoned talent, but this has proven itself to be valuable and we are scaling up," says SVP of analytics and research Gareth Ross.

Progressive's big data leader Pawan Divakarla says data is integral to the insurer's mission: "Big data, small, it doesn't really matter: We want it to be in our fabric."

Insurers fearful of security events must double down on staff training to deter easily preventable social engineering hacks, experts say.

The company found malware in its system before its 2014 breach, but wasn't able to clear it completely, allowing unauthorized access.

Information on more than a million customers may have been compromised in a June 2014 attack.

We now are seeing a resurgence of AI, a blending of machine learning, predictive modelling and cognitive computing along with self driving cars, which raises some rare and interesting opportunities.

Though changes in the insurance business could lead to disintermediation of traditional distribution methods, USI CIO Stewart Gibson says his company is prepared to compete. Part 2 of 2.

Paige Vinall also leads e-commerce strategy as well as the delivery of projects and services that support the company’s technology efforts.

Largest reinsurer in the Middle East signs multi-year license for GEMS economic scenario generator.

Betsy Ward is expanding her role as chief enterprise risk officer to include chief actuary as Isadore Jermyn retires after 34 years with the insurer.

An onsite assessment and interviews will be used to compare security and incident-response capabilities, processes and tools with leading practices.

We strongly recommend tying all digital and mobile initiatives together under a “digital insurer” strategy.

A third of technology professionals say they are dissatisfied with their bonus checks, according to Greythorn research.

Brian Schrieber's many responsibilities include digital media and M&A.

Insurance technology is a hot commodity and vendors are consolidating. It's as good a time as any for the industry to reflect on the best work.

Typical actuarial modeling environments incorporate many technical components beyond the calculation engines that perform projections.The effectiveness of the actuarial function depends, to a large extent, on how those components are linked.