Data and information management

As global chief risk officer, J. Todd Daniels will be responsible for risk management for investments in both the United States and Japan.

In a recovering economy and armed with strong capital positions, life insurers and annuity providers should take the opportunity to become more customer centric through technology innovation, industry experts say.

Insurers will prioritize analytics, mobile and three other next-generation technologies in 2014, says Strategy Meets Action. Find out how the research and consulting firm came to these five.Throughout January, as SMA Founder Deb Smallwood details each of the five next-generation technologies — the current landscape of the technology, opportunities and challenges that come with the technology and action items for insurers.First up, Analytics and Big Data.

ING U.S. Inc. promotes CRO Smith to CEO of the insurance unit as Butch Britton retires.

More than $1 billion will be invested in the IBM Watson Group, including $100 million in venture funding for businesses that develop applications based on the technology

The best insurers will achieve competitive advantage by developing the judgment and decision-making capabilities of their knowledge workers.

Enough talk about cloud and big data analytics — insurers want to see execution.

Since last year, new skills and new thinking are more urgent than ever, even as budgets and technology needs remain static.

Insurers, including Nationwide, CNA and MetLife, are leveraging a growing number of data sources and applying high-performance analytics to help detect patterns of fraud as early as possible.

While document management systems continue to house the industry's essential business information, many large insurers are trying to leverage the data contained in a host of new media types to help boost the business.

"Uncertainty" sums up the regulatory environment for insurers in all lines in 2014.

By the year 2015, the global annual rate of data creation will double to a projected 5.6 zettabytes.

In the last year, insurers, from Geico to Patriot National, have moved more to the cloud.

Lori Evangel, formerly of Aflac, will serve as executive VP and chief risk officer.

The increase for 2014 is expected to be driven in part by a rise in data analytics investments, according to the research firm

Fifteen minutes with Robert Macoviak, president of Oyer, Macoviak and Associates Insurance.

Homeowner property claims also are found to be increasing in frequency, value and suspicion.

Insurers strongly support flood reform, but it needs to be implemented in a fashion that doesn’t destroy flood-affected communities.

RIMS Names 2014 President, Directors and Board Members

Rates Decrease as Much as 25%