Data and information management

New version designed to complement governance, risk appetite measurement and assessment services.

Data-driven analytics company for health care and insurers launches iPad app, Q-Metrics dashboard.

While the large number of catastrophes is prompting some specialty carriers to exit more challenging lines, cyber-liability insurance continues to see double-digit growth.

Most current data strategies weed out all data that doesn't point to a single end, but that may be selling the potential of your company's data way short.

Celina to use Talon predictive analytics suite as part of agreement.

Edinburgh office intended to enhance client services globally.

OneShield's Dragon chosen by the medical malpractice/workers' compensation insurer for policy, rating, billing and business intelligence.

Early spending budgets from this year suggests that insurers are acting on the gorwing importance of data in the industry.

Predictive analytics is no longer just for actuaries. New tools for data-driven decision-making are reducing costs, increasing profitability and pushing into claims, sales, marketing and beyond.

From tracking this year's flu epidemic via social media, to Google's Instant searches, Amazon's recommendations and predictive keyboards on smartphones, businesses everywhere are embracing predictive analytics.

An insurer thriving in a modern, digital infosphere likely is structured differently than one that evolved from the analog age.

Provider of nonstandard auto coverage looks to data and analytics to drive growth.

Coverage designed for U.S.-based multinational companies with complex exposures.

As the life insurance and annuity industries move toward model-based approaches to reserve and capital valuation, actuarial models are increasing in complexity and sophistication while the imperative to avoid modeling errors also increases, according to a recent report from Deloitte, titled “Actuarial Modeling Controls: A Survey of Actuarial Modeling Controls in the Context of a Model-Based Valuation Framework.”

Using a top-tier insurer as an example, analysts advise companies to start small and think big.

Analytics teams must be based in business and ready for “chaos” as an agile response to the ongoing shift in sources and certainty of business data, according to International Institute for Analytics faculty member Mike Lampa.

Cyber coverage levels also increased according to the report. Across industries, limits purchased in 2012 averaged $16.8 million, a 20-percent increase over 2011. Communication, media and technology companies led other industries in terms of average limits purchased, at $33.4 million, and the rate of increase, which was nearly 36 percent.

Armed with analytics, insurers should be able to make better business decisions more quickly and mobilize teams to connect better with customers, leading to success and growth, according to PwC.

Peak Reinsurance Co., a reinsurer focusing primarily on the Asia-Pacific market, has selected a catastrophe modeling solution from AIR Worldwide to manage its catastrophe risk.

With just weeks before launch, MetLife Spain had to completely rethink its stalled customer document creation project.