Data and information management

Some call it nostalgia. Others call it stuck in a bygone era. No matter which, we all have to come to terms with the fact that the world has changed due to technology and we all need to evolve or be lost in history.

Insurers are encountering two obstacles in employing more predictive analytics: a lack of both top-level support and appropriate skill sets.

A guide to the various options insurers have when attempting to tackle lacking data quality, inconsistent formats and fragmented sources.

P&C impairments see significant drop from the 34 reported for 2011; however, auto writers and risk retention groups continued to struggle, according to recent A.M. Best report.

Florida Commission certifies AIR’s latest models for residential and commercial residential properties in the state.

A three-year move of 97 percent of a major insurer's applications and data is saving the company millions in the long-term.

Workers' comp carrier seeks to improve risk selection, pricing accuracy with predictive modeling component of InsureRight.

Most if not all of us were raised believing you say what you mean and you mean what you say. But somehow, this seems lost when it comes to technology implementations today. In survey after survey, and article after article we read that what companies want are Cloud, Mobile, SaaS, and BPaaS solutions. Legacy systems are problems. Technology leaders want to modernize and become agile. Well that’s what they say anyway.

Ratings, underwriting, policy administration, claims and billing platforms included in purchase of InsuranceSuite.

INN also announces the launch of its Women in Insurance Leadership microsite and a new monthly program highlighting female leaders in the insurance industry.

Surveys from Towers Watson and IIS describe global insurance executives’ concerns and find much consistency across nations.

As businesses set out to use more analytics to interact with consumers across an average of 3.6 channels, data quality becomes increasingly important, according to a recent report.

While big data possesses transformative potential, investments alone won't elevate business, it takes close coordination and cooperation.

CloudInsure looks to enable increased data protection in the cloud by working with LIU's platform.

The specialty insurer can now mine event data from various business solutions, correlate that information and present it to various stakeholders.

Small agencies are growing faster than their larger counterparts, in part because of greater investments in mobility and other technologies, according to a new survey from Vertafore.

It is no secret, and it is supported by many recent industry studies - attracting and retaining customers is the primary or secondary priority for insurance companies. To do so, insurers need to provide product innovation and get customers excited about new product concepts, protection offers and superior service. Insurers can work with the customers to create the solution to meet their needs and make it about them. This is an opportunity for insurers to disrupt and capture market.

Suite includes integration with more than 50 data sources designed to enable data-powered underwriting for multi-line carriers.

Comply solution designed to enable insurers to manage risk by automating regulatory change management processes.

A watershed year is shaping up for insurers and their use of technology, and IT/business relations are more important than ever.