Data management

For carriers covering breach recovery expenses efficient data mining for timely breach response has never been more critical.

The unstructured data challenge in insurance is massive, but so are the opportunities for companies that effectively harness the information.

The scope and complexity of data makes Gen AI a useful tool for insurance companies to get and manage relevant information for a variety of functions.

Understanding the connection between PUIDs, geocoding and address verification is crucial for property and casualty insurance carriers

Switching to rooftop geocoding is a smart move for insurers, especially when paired with persistent unique identifiers.

Given the vast amounts of information collected and utilized by carriers, they are increasingly functioning as data firms and transforming more traditional practices.

NAIC's project to classify insurers' bond holdings brings quick response from the data provider, launching its classification solution.

Better systems and tools for operational data can be challenging for insurers of all sizes.

Third-party data is a key element for calculating insurers' profitability, even when drilling down into the specifics of what the carrier is underwriting. Bryan Adams of Arch Insurance spoke about how the firm manages its third-party data and data suppliers.

Second in a three-part series on the meaning and future of "Insurtech 2.0" covers what benefits are possible, where to find them and when to expect progress.