Data and information management

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.

Partnership intended to simplify the BPM and CRM provider’s encryption approach.

However, report says P&C carriers better equipped than others; PCI discounts findings.

Critic claims that even though BI and analytics software is powerful, it is still out of reach for general business users.

Commissioned by The Hartford Steam Boiler Inspection and Insurance Co., Ponemon Institute’s survey results show many small businesses have had a data breach, almost all involving electronic records.

Technology alone doesn't deliver insights, but being able to answer four basic questions surrounding your data flow does.

The goal of the partnership is to provide a file exchange between GEMS Economic Scenario Generator, MG-ALFA actuarial software.

The stage is set for Siri-like capabilities across all BI systems, as well as more automated decision-making.

Activist regulators, increased CAT losses pose larger risks, companies must adapt, A.M. Best says.

ARC Logics upgrade includes the NAIC-proposed requirements, which are set to take effect on Jan. 1, 2015.

Building IT/business alignment into business operations and a sense of urgency are two keys to success, according to panelists at Celent’s recent Innovation & Insight Day in Boston. Making legacy systems a thing of the past also helps.

Form factor and flexibility are what computer users want.

Generation Y consumers present a unique and fast-moving target for insurers; catching them may require real-time insights and even faster, more agile systems.

The move to new and unfamiliar markets is opening up insurers to risks about which they have virtually no data.

Insurer to integrate InsureRight 2.0 analytics solution into underwriting practices.