Data and information management

As costs, regulatory and technological inhibitors fall away, insurance industry laggards could face threat from mispricing, according to recent Aite Group report.

Upgrades to the risk monitoring software are designed to strengthen investment compliance checks and provide users with an improved interface.

Insurers are developing the technology to embed actuarial tools into an integrated risk and finance architecture, according to a recent report from Accenture.

With the acquisition of the geographic risk technology company, LexisNexis picks up software to complement its data, analytics and linking capabilities.

When you look towards the future and preparing for what may come, it is clear you need to examine the next generation technologies and the people who will lead the industry. IT-oLogy Trends 2013 took on both issues and gave us all a glimpse into tomorrow.

While policy admin projects remain a top priority, twice as many large P&C carriers are investing in big data technology as last year.

Executives responding to a recent Accenture survey report shortages of talent in a number of areas, including risk business and data analytics, risk technologists and regulatory change program management.

Swiss Re’s global ranking highlights the threat of earthquakes and flooding to growing population centers in Asia, home to eight of the 10 most at-risk cities.

The two most exposed cities are earthquake-prone urban centers along the West Coast, according to a new report from Swiss Re. The study takes into account population and exposure to five natural catastrophes, including storm surges, earthquakes and more.

Company’s research finds 85 percent of insurers would decline terrorism coverage without government backing.

Strategy Meets Action recognizes Amica Mutual Insurance, Great American, two other insurers and one IT solution provider for successfully implementing next generation technologies or reflecting the spirit of innovation.

The flooding has caused 15 Colorado counties to declare a state of emergency, including Boulder, which President Obama has opened up to federal assistance.

New claim functionality designed to provide a fraud score and help insurers reduce fraud costs.

Who's the Boss? Your customers. If you don’t take care of your customers, someone else will. Beneath all of these initiatives are strong core systems that provide the agility, flexibility, and capabilities to create a beneficial customer experience.

Modeling firm looks to a more comprehensive use of exposure data and analytics in an attempt to improve workflows.

Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers’ technology purchases, according to a report from Novarica.

The eighth tropical storm of the season could become its first hurricane by Wednesday; if it doesn’t, it will be the first time the industry hasn’t seen a hurricane hit land by mid-September.

The Montpelier Risk Institute is partnering with researchers from Canada and Europe in an attempt to keep up with evolving risks, such as climate change.

Some of the same data analysis technologies being used by Western governments are cheap enough to be employed by financial services companies as well.

TransRe, a global reinsurer has selected MetricStream’s federated information architecture, which is designed to support the full range of risk and compliance processes, enable multiple reporting facilities and link to existing enterprise.