Data governance

Individual state guidelines, dating back as far as the 1800s, cater to old paper-driven market, not a digital world where insurtechs produce data in real-time, says former NAIC president.

While keeping up with regulatory changes remains a big challenge, insurers are focused on cybersecurity and IT risk at high levels.

Jon Colello, president and head of underwriting, advises carriers to focus on technologies and partnerships reducing data sharing costs.

SVP Jerry Gupta notes the emerging technology has increasingly been used in distribution and claims straight-through processing.

The reinsurer is set to offer life and health clients the startup’s mobile-based musculoskeletal rehabilitation program for policyholders.

The usage-based insurance startup believes that driving frequency is a crucial data point for carriers.

The ability of modern tech entrants to analyze insurers' large data sets is a key part of their value propositions.

Insurance companies can help consumers stay informed on risks to lives and property, evolving them into life-coaches.

Insurer’s personal insurance unit is looking to develop lasting relationships with startups in big data, AI and more.

Many organizations struggle with an overwhelming amount of threat information, coupled with a lack of staff expertise to analyze it.