Data and information management

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.

Advice on some of insurance IT executives' biggest challenges, including data security, cloud computing, and recruiting and retaining talent was offered during a town hall meeting at last week’s IASA conference.

Research suggests many executives lack confidence in the outcome of their data analyses.

While it sounds like a marketing buzzword, data lakes offer an alternative to enterprise data warehouses.

To increase market share and increase relevancy, Accenture says insurers must plan for the blurring between the digital and physical world, the rise of crowdsourcing, the advent of the data supply chain and three other trends.

While insurers have spent years and millions of dollars acquiring or replacing information systems, there is a lack alignment between companies’ business and IT organizations, according to a panel at America’s Health Insurance Plans Institute.

The application is designed to simplify and automate photo documentation capture and filing.

For insurers, agent demand and claims efficiencies are contributing to a new sense of urgency to embrace mobile apps.

The business intelligence tools will offer key information to manipulate data and measure performance in an understandable format.

Insured Rating enabled insurer to release its AirCare product.

Broker places bloodstock risk electronically with insurer.

Indiana University, George Mason University, University of Virginia and five other institutions have launched or will be starting up data science programs in 2014, according to MastersInDataScience.org.

Opening up the data pipeline means new opportunities for insurers.

On day three at IASA’s 2014 Educational Conference and Business Show, we take a look at why all insurers should care about ORSA, and SMA's Karen Furtado evaluates the billing system market.

Tool is designed to enable insurers to transform financial data into actionable insights and analysis for investments.