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Goal is to use more third-party data to make it easier to sell BOP to more categories of small businesses.January 17
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There will be many new data sources and tools available, increasing exposure to cyber risk in the world.January 14PartnerStrategy Meets Action
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Across the industry, carriers report that basic third-party data capabilities are common and that pilot activity is high.December 5VP, Research and ConsultingNovarica
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The American Association of Insurance Services will launch the openIDL to share data between carriers and regulators.August 16
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The insurer gets access to data from participating auto manufacturers, including Mitsubishi.July 3
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Survey finds 62% of those ages 18 to 34 would let carriers use third-party data from social, fitness apps and smart-home devices to lower pricesJune 20
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The EU's General Data Protection Regulation will require firms to get consent to use personal data in automating decisions.May 23
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Carriers have to take care to clearly communicate the value of collecting more data from consumers.April 20Editor-in-ChiefDigital Insurance
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Facebook CEO faced grilling from lawmakers over the company's stewardship of customer data.April 11
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Automating manual processes and insurers' growing use of technology are two leading factors behind the change, detailed in a new three-year innovation plan released by the organization.April 11