Data and information management

Service to address uncertainty in real-time data reporting by incorporating catastrophe-loss scenarios.

New analytics-based software designed to weigh factors of individual companies, such as location of operations and cost-severity factors, against historical data.

As part of the additions made, travel risk coverage has been expanded to the renewable energy industry.

While risk managers are increasingly prepared for a variety of risks, gaps exist between process and action, according to a Towers Watson survey.

Claims for business interruption will probably drive insurance costs tied to the bombings, according to catastrophe modeler Risk Management Solutions Inc.

Data in health care can provide a good example for all insurers concerned about transitioning to a big data-centric business model.

The voluntary program includes a GPS-enabled device that records and reports driving data, so parents and teens can talk about safe driving behavior and track progress.

Slightly more than half of respondents account for risk in their current compensation arrangements, according to a new Towers Watson survey, which is making some execs unhappy.

SAS Risk Management for Insurance brought in by insurers to support Solvency II compliance.

John Lucker, principal, Deloitte Consulting LLP, is given 60 seconds to describe the six components of successful business analytics projects.

Additions to Technology Advantage designed to help agents navigate interfaces and technology companies protect against risk.

Managing general agency turns to EagleEye in an attempt to gain visibility of its critical business performance.

Configurable app blocks network connectivity; separate “What If Calculator” demonstrates the impact of tickets, accidents, moving and changing vehicles on insurance rates.

Trying to define a data scientist's duties is tough but it can be even tougher to find someone with the proper skills to carry them out—here's some advice.

U.S. commercial lines insurance underwriting performance also improved moderately last year, according to Fitch’s review of initial industry financial results for 2012, indicating that a market turn is taking hold, citing a second year of material premium growth and signs that loss ratios reached a cyclical peak in 2011 as indicators.

Bad driving habits and trends are diminishing among teens, according to a new report on teen driver safety released by The Children’s Hospital of Philadelphia (CHOP) and State Farm. From 2008 to 2011 the number of teen passengers killed in crashes not wearing seat belts decreased 23 percent, the number of teen passengers driven by a peer who had been drinking declined 14 percent, and 30 percent fewer teen passengers were killed in crashes involving a teen driver.

Commercial rates increased 5 percent, while personal lines prices were up 4 percent last month, according to MarketScout’s monthly Market Barometer.

Big data maturity levels among insurers are perfectly split, according to the report, with 25 percent falling under each category: exploring, experimenting, deploying and expanding. This means the insurers find themselves a little ahead, as 38 percent of banks surveyed are reportedly still exploring big data while only 13 percent are expanding its use.

With questionable claims numbers and fraud costs expected to grow through 2016, Aite Group outlines emerging techniques and technologies to stem the tide.

Center of Excellence designed to bring analytics into companies' everyday decision-making processes.