Data and information management

The provider of software, hardware and insurance products has bought 640 Labs to offer farmers data tools that can help them maximize yields.

The software solutions are intended to help the P&C insurer boost customer service and time to market by streamlining underwriting, policy admin, claims and business intelligence.

Mobility, agility and the Internet of Things are driving enterprises to invest in more efficient and agile approaches to integration, according to research and consulting firm Ovum.

In response to the growing important of data in underwriting, pricing and operations, the global carrier creates a new enterprise-wide leadership role.

With two previous attempts behind it, a well-known IT consultant explains how specialty insurer AEGIS was able to deploy Pegasystems and revamp its entire underwriting process.

89 percent of executive surveyed by General Electric and Accenture said that companies that do not adopt a big data analytics strategy in the next year risk losing market share and momentum.

Celent finds that U.S. and UK consumers are willing to share data about themselves under the right circumstances.

Cloud computing will continue to transform the computing landscape in 2015. In the following slides, Forrester Research pinpoints the key trends and their impact going forward.

Smartphone applications and devices that record trip and vehicle data are set to infiltrate auto insurance at a rapid pace, bolstered by discounts of as much as 30 percent.

Collaboration between academia, industry organizations, businesses, and leaders will be critical to making sure that new IT professionals will be excited and ready to join the insurance industry and contribute to its future as Next-Gen Insurers.

Joseph Murphy will take the reins of the malpractice insurers’ underwriting and risk management operations.

A Forrester Research survey found that cost savings is no longer the primary driver for leveraging cloud services.

Previous initiatives have studied social media causal monitoring, learning and revenue optimization, equipment failure prediction, and fraud detection and prevention.

Return, risk and regulatory pressures require radical re-thinking of portfolio management operations, according to a report from Celent.

Insurers should look to revisit the roots of the insurance process.

Big data helps leaders measure and understand more about their business and directly translate it into improved decision making and performance.

There is no one single form of virtualization – rather, different parts of the IT infrastructure require different approaches.

Big data and analytics are taking the P&C sector by storm. Strategy Meets Action’s report shows which tools and techniques are getting the most traction.

To achieve meaningful benefits, first address the business priorities of the combined entity before merging technologies and systems.

Armed with analytics, predictive modeling and big data, insurers like CNA are moving to take on application fraud.