Investments

SMA sees significant spending and shifts in personal lines projects that are aimed at aligning insurers’ strategies to transformation and growth.

While there has been a great deal of hype around the technologies that make up AI, that will change to action this year according to Gartner analysts.

The German insurer is reportedly looking at XL as a potential target to grow its casualty coverage business in the U.S.

Without a clearly articulated set of business value metrics for IT, it can be a challenge for leaders to create compelling business cases for new investment opportunities.

About a quarter of insurance executives said they are allocating budget to 'aggressive' projects, according to Celent research.

Tech execs have become less certain of their ability to satisfy end users.

Todd Fancher will lead the carrier’s strategic investment in artificial intelligence, machine learning and advanced analytics aimed at better customer service.

The New York-based startup had raised $60 million before Tuesday’s announcement.

Rather than looking to innovate on products, startups in life insurance concentrate on distribution as a way to improve the sector, say Accenture panelists.

The life carrier is keen on finding the startups that will define insurance user experience and distribution in the future, says managing director Doug Russell.