Data and information management

More natural peril events occurred in 2012, but the losses incurred were far below the record-highs established in 2011.

Mainframes are more expensive up front, but may cost less over the long run.

Experian QAS survey finds fewer than 1 percent of businesses lack data quality initiatives.

Winning in the market with a data-driven culture is becoming the name of the game—here's how to do it.

With climate change prompting a transformation, insurers will find opportunity to take on some risk in the energy sector, which will continue to be crucial in the world economy.

From 2008 to 2011, the number of questionable claims suspected of being part of an organized group or ring activity increased by 47 percent, according to the National Insurance Crime Bureau’s “Data Analytics Forecast Report.” However, that number of questionable claims with the OGA referral reason decreased markedly in 2011 and continued to fall in in the first half of 2012.

Making agents’ lives easier with these technology advances should be on every insurer's to-do list this year, according to IIABA’s Agents Council for Technology and ACORD’s User Group Information Exchange.

Software-defined data centers won't arrive all at once, but are on their way to gradually becoming a reality.

Mobile capabilities are expected to prompt a resurgence of business intelligence dollars in 2013.

Insured losses from natural catastrophes were greater than $110 billion in 2011, the second-highest figure ever recorded, according to Swiss Re in “Taking a Comprehensive View of Catastrophe Risk Worldwide,” a report from AIR Worldwide. And there is a 6.7 percent probability the insurance industry will experience a loss of this size in any given year. In 2012, insured losses totaled $65 billion, $25 billion of which are attributed to Superstorm Sandy, as estimated by Munich Re.

Standards organization consolidates with DISA, an organization that focuses on cross-industry electronic standards.

20-year veteran of AIG climbs to executive ranks after four years at Zurich.

The coming year will see new modes of computing drill deeper than ever into the insurance enterprise.

How a branch of Blue Cross turned its entire organization on to data analytics.

Blue Health Intelligence, the database/analytics services division of the Blue Cross and Blue Shield Association, has acquired analytics vendor Intelimedix for an undisclosed sum.

Fitch says total estimated losses could continue to rise, as several insurers have yet to release loss estimates.

End-to-end policy administration system will be implemented by Auto-Owners’ life insurance subsidiary.

A.M. Best maintains its stable outlooks on the P&C, life and reinsurance sectors despite significant and persistent challenges, including loss reserves, low interest rates, weather-related volatility and increasing competition.

Severe weather-related catastrophes in United States accounted for a larger-than-normal portion of global catastrophe losses in 2012, increasing to 67 percent from an average of 32 percent, and 90 percent of global insured losses, compared to an average of 57 percent, according to Munich Re.

Patented technologies to provide data protection, intuitive data presentation capabilities.