Data and information management

Documentation on aging systems often is akin to tribal knowledge, and the potential for things to go bump in the night increases as these environments face generational transition.

When insurers assess the risks and conduct cost-benefit analyses on whether information systems should be encrypted, more often than not the decision has been made to not encrypt. That has to change now, industry observers say.

More than a month later, more than 50 million people affected by the breach haven’t been notified by the company, senators Lamar Alexander and Patty Murray said.

Insurers are caught in a complexity predicament because of frequent mergers and acquisitions, expanded product and service offerings and more stringent regulations.

Hackers succeeded in accessing claims and clinical data from Premera, but they may be wasting their time trying to monetize health data, industry observers say.

When big commercial insurers develop cyber risk coverage for their clients, IT helps illustrate the problem and identify solutions. CNA and XL Group take us inside their processes.

Premera Blue Cross, serving the Northwest and Alaska, was hacked beginning last May, and even more sensitive data was exposed than in the Anthem hack.

The Touchstone catastrophe modeling platform and suite of CAT models will be rolled out across the organization to support a range of risk management needs.

Regulators, industry representatives and others are encouraged offer perspectives, insights and recommendations to inform and shape emerging regulations.

Sixty-one percent of CIOs want to hire chief data officers (CDOs) within the next 12 months. At a high level, CDOs oversee how data is gathered, managed, protected, and monetized. But what else fits into a CDO job description? Here are 15 requirements for the position.

Companies have resisted providing data to the government about hacking attacks out of concern that they could be sued if they accidentally included private information about their customers, or accused of violating antitrust laws.

Wood Mackenzie, based in Edinburgh, would strengthen Verisk’s analytics business, which focuses on the property and casualty-insurance industry.

Omni-channel capabilities are intended to unify online, mobile and contact-center channels and connect those channels with core insurance systems in real time, EIS Group said.

For on-premises needs, the latest technologies, including flash, solid state drives, and in-memory computing offer new ways to provide rapid access to new data.

Genworth is struggling to contain the damage and on Monday warned of a “material weakness” in some of its accounting.

The company also put out a HITECH Act notice over the weekend detailing the identity protection services it will provide affected customers.

Deployment rates have grown in the year since Novarica’s last study on these topics.

Quote data often is disregarded due to its volume, but properly managed can offer insights into product and pricing strategy, expense control, cross selling and upselling.

Federal Bureau of Investigation officials are still deciding whether to publicly reveal information about the attackers in one of the biggest thefts of medical-related customer data in U.S. history.

I don’t like when insurance companies are hectored by people inside or outside of the industry about how they aren’t innovative. Many insurers are leading the way in gleaning real results from emerging technology disciplines, including big data, analytics, mobile technology, and telematics.