Data and information management

iWorks Prophet GI is designed to help general and P&C insurers manage risk modeling.

The market generated 653.8 petabytes of new storage capacity shipments during the quarter, which was up 72 percent compared with the same period a year ago.

Eighty percent of health plan data is unstructured. Text mining can transform it into a format open to analysis.

Half of the financial services firms responding to a recent survey, 17 percent of which were insurance companies, said they have no mobile strategy of any kind.

The offering is designed to enable clients to get up and running in 30 days or less across cloud and dedicated architectures.

The formation of an El Niño and cooler than normal sea-surface temperatures in the Atlantic Main Development Region could suppress hurricane formation and severity.

Insurers increasingly recognize that cloud services can also codify customer data and foster new business opportunities.

Insurers already immersed in the cloud share their steps to success.

In today's competitive marketplace, insurers must be able to measure what's working and what isn’t with their mobile engagements.

Mobile opens up new avenues of interaction with customers, as well as adding a new dimension to internal operations.

All companies are aware of the growing risk of cyberattacks, yet few are taking the steps necessary to protect critical information. The key? Senior managers need to lead.

This growing combination of real-time data collection from remote sources, wireless connectivity and analytics could affect virtually every aspect of insurance.

The increase in time being spent interacting online via social media channels represents one of the greatest new business opportunities of all time. But for the insurance industry, it may represent one its greatest challenges.

By 2015, most mobile applications will synchronize, collect and analyze deep data about users and their social graphs, according to Gartner Inc.

The new world of metadata is like the old world of metadata except that it has many more data sources – and just like data from packaged software, the business has no control over the data definitions of the new sources.

By unlocking the value of petabytes of patient-specific data, health insurance plans will be able to help members to achieve their health care goals, says presenter at America’s Health Insurance Plans Institute 2014.

Insurers reveal what technology initiatives are on their horizons and what technological challenges keep them up at night.

Global risks remain and insurers still need government backstop, according to Guy Carpenter; reform bill raises trigger for attacks.

Jonathan Kalman, president of Return on Intelligence, offered the following predictions, takeaways and advice at the IASA 2014 Educational Conference and Business Show in Indianapolis last week.

Insurance business and technology experts agree that a successful C-level vision is not just about keeping up with technology; it’s about more focus on the customer and less on caution-drenched decision making.