Data and information management

Insurance aggregation platform looks to Informatica Cloud to accelerate process automation.

When "modern era" computer systems were developed decades ago, many didn't realize that they would still be running insurers' business in the 21st Century. Developers hardly foresaw what was to come. To compete today, insurers have two options: patch or replace. Well there is a third … obsolescence.

The vast majority of financial institutions do not believe their data technology is very effective, according to a global risk survey from Deloitte.

Front-end systems and devices for customer engagement are getting more sophisticated, but back-end integration challenges are preventing insurers from taking advantage of them, survey shows.

Among life/annuity insurers, distribution is an area increasingly attractive for analytics investments. More than half of life/annuity insurers surveyed by Strategy Meets Action say they're currently investing in analytics technology to supplement distribution.

By a wide margin, California led in luxury car thefts from 2009 to 2012, according to the National Insurance Crime Bureau.

Steven Zabel, former SVP of long-term care insurance, CFO of insurance products and SVP of audit for Genworth, will oversee Unum's enterprise risk management program.

Lack of confidence comes from not understanding their company’s exposure to operational, regulatory/compliance or financial risk, according to recent survey results.

Auto insurance today isn't as simple as it used to be "back "in the day". Technology has changed that paradigm, making it an all new high-tech ballgame! Telematics is here, it's real, it's growing, and you need to be ready for it.

Analytics embedded in latest version of bill review and repricing technology.

As fraud prevention technologies become more sophisticated, insurers need to invest at every customer touch point to achieve increased revenue growth, according to new research from Ovum.

Social media and mobile computing serve as a backdrop for several of Deloitte’s insurance tech trends and opportunities for 2013.

The second quarter of 2013 saw $2.2 billion of non-life catastrophe bonds issued through 14 tranches (representing 10 deals), compared with $2.1 billion issued in the same period last year, with 12 tranches (representing 7 deals), according to Willis Capital Markets & Advisory (WCMA), part of Willis Group Holdings.

New Enterprise 12.2 software includes iPad app and Risk Goggles, which are used to assess the risks and damages of various weather conditions.

Social media and digitization have made it easy to get closer to customers; the question is how to use that knowledge and access without becoming invasive.

As investments in data technology rise, so does the urgency to find talent to manage it, which has some in the industry pointing to chief data officers.

Catastrophes are now a part of the New Normal. While there's nothing we can do to change the weather or other natural disasters, there are steps insurers can take to prepare themselves and their customers for what may come.

Cognizant, a provider of IT, consulting and business process outsourcing services, and XL Group, a global P&C, professional and specialty insurer, announced a mobile-enabled risk-engineering platform for Global Asset Protection Services (GAPS), XL Group’s property loss prevention services business.

Support of Microsoft SQL Server has been added to The Innovation Group’s Insurer Suite. It has been validated with performance and efficiency testing in Microsoft's Redmond labs, Innovation Group said.

Insurers in the Software Business: The line between software providers and consumers is blurring