Data and information management

Cisco report says companies need to do more to secure online experiences.

While analytics offer opportunities for increased profitability and effectiveness, 90 percent of insurers live in “data chaos,” and a lack of integration presents major hurdles for insurers.

Requirements will reshape and expand more than half of all global enterprise IT security programs by 2020 due to changes in supported platform and service scale, diversity and function.

Insurers must recognize that data credibility is yet another dimension of data quality and take steps to address it.

Murli Buluswar says how you learn is more important than what you know, and that while data science is going to drive enormous changes in the industry, influence is about more than the numbers.

As these trends evolve into standard practice, experts expect a greater awareness of the value of data.

Offering is designed to helps carriers use cloud computing to run a claims application for as low as $10,000 per month without any lead time to deploy.

Through use of the app, the insurer expects to enable marketing representatives to view a complete picture of agency performance, and stay current through real-time updates and alerts.

What kind of impact has predictive modeling had on profitability, loss ratio and rate accuracy?

The evolution of customer communications helps forge stronger ties between insurers and clients.

Preparedness is the only weapon against increasingly sophisticated security challenges.

Significant hurdles have confronted insurers seeking to launch usage-based insurance programs, including a lack of standardization and the threat of patent infringement litigation. But Progressive's recent patent setbacks and ACORD's new data standards could prompt new programs.

For carriers, cloud computing offers a way to enhance and accelerate communications with agents, and agencies can benefit from better access, ease of use and efficiency gains.

The insurer will revamp five fraud-detection models and extend its relationship with SAS for two more years.

First-quarter profit fell 27 percent as claims costs climbed at the property/casualty business.

The data is in: cloud is starting to make a dent in enterprise competitiveness.

Peter Hahn, formerly of McKinsey, now is responsible for improving business decisions and risk insights.

Internet connected devices will drive the value of data to consumers; mobile devices will enable continuous data collection; and sensors will drive finer grained collection of data across common processes. Long-term, these will elevate the awareness about the value of data.

Research by McKinsey and the World Economic Forum points to a widening range of technology vulnerabilities and potentially huge losses in value tied to innovation.

There's a lot of interest in creating CDO positions, but what will be their main areas of responsibility?