Infrastructure

A new report, IT’s Changing Mandate in an Age of Disruption conducted by the Economist Intelligence Unit, supported by Appian, suggests that to continue with various digital transformations and increase adaptability for the future, some IT improvements must be made.

Future automobiles will likely need to include passive technology to monitor for driving under the influence and automatic emergency braking.

Pat Casey has previous financial services experience at CNA Insurance and The Northern Trust Company.

Seven in 10 insurer has begun exploring the cloud, but each carrier has business goals, staffing, applications, and processes that uniquely define their deployments.

Similar to 2017, a common thread is disillusionment about technology or the companies behind it.

A melding of AI, analytics and automation will make IT services more responsive and less expensive to deploy.

Traditional approaches are way too time consuming and they miss the big picture.

Worldwide, the IaaS market surged 29.5 percent in 2017.

Infrastructure- and platform-as-a-service offerings give a big boost to carriers' customer portal and analytics initiatives, Novarica survey finds.

Using this technology, traditional data flows would be transformed because data integrity could never be accidentally or maliciously altered.

The P&C carrier has found that IT infrastructure investments allow it to support new sources of data, like drones and smarthome devices.

Insurers including AIG, Travelers, Liberty Mutual and CNA have announced new staff in roles that will drive tech innovation throughout the year.

Three-fifths of carrier respondents to a survey say that they are increasing use of cloud as part of larger platform modernization.

Health insurers most cope with the uncertain future of Obamacare, while P&C carriers are pressed to meet new customer expectations, say analysts.

As more AI applications emerge, the corporate database will evolve to support them.

The insurer will move to a cloud-based platform after entering a multi-year services agreement.