Data and information management

The insurer will use the Lytx DriveCam Program, which combines video with predictive analytics, real-time driver feedback and coaching, to reduce injuries and identify and correct driving behaviors that could lead to collisions.

With hurricane season set to start June 1, Citizens is taking advantage of interest rates close to generational lows to bolster its claim-paying ability.

The company’s partnership with several local educational institutions is aimed at bringing employees into the industry from underrepresented communities.

The insurer’s Nationwide Center for Advanced Customer Insights on the Ohio State University campus gives students exposure to real-life insurance data and business challenges.

As the use of wearables increases, particularly for use beyond an individual’s fitness, it will be critical for standards and services to emerge to bring this data to multiple users.

Closely held K2 Intelligence will help develop products to prevent cybercrime, AIG said.

The property insurer rolled out the Spex Mobile Property Inspection Platform to help it compete effectively against big insurers.

New SVP of analytics and consulting Chris Najim has also worked at Swiss Re and Safeco.

The company is collaborating with several colleges in its home region to bring data science talent into the organization in a new way.

Nationwide, MassMutual, and State Farm are among the growing number of large insurance companies working closely with universities to build a pipeline of technology talent.

Both promotions focus on the data side of the organization.

The nation’s largest health insurer is using big data and advanced analytics for financial analysis, fraud and waste monitoring, cost management, pharmacy benefit management, clinical improvements and more.

Lufthansa is facing possible financial claims from the families of victims, which legal experts have estimated at around $350 million.

Innovations in security will be aimed at fortifying cloud services, big data, wireless communication and the Internet of Things (IoT), according to Frost & Sullivan.

IBM has been trying to lure customers to its analytics business with data from partners.

A State Street survey finds insurance companies are more likely to be further along in becoming “data innovators” than their financial services counterparts.

The superintendent of the state Department of Financial Services, said insurers must provide the information by April 27 and submit to examinations by the agency; 160 life, health and property & casualty insurers are affected.

The global insurer is the first insurance industry member of the U-M's Mobility Transformation Center Affiliate program

What are the core software components in a big data solution that delivers analytics? Although requirements certainly vary from project to project, here are ten software building blocks found in many big data rollouts.

P&C carrier uses Valen Analytics’ data and predictive modeling to manage and drive underwriting profitability.