Across the industry, carriers report that basic third-party data capabilities are common and that pilot activity is high.

Machine learning adoption has been growing at a rapid pace, and there is no end in sight. Recent forecasts say pilots and implementations, as well as investments, will increase 400 percent by 2021.

Aetna has signed on to the Synaptic Health Alliance, a group started by Humana and four other insurers earlier this year and which is also adding hospitals.

Data science draws the same type of students and appears to be growing far faster, driving industry groups to try new tactics.

Despite the strong and inherently negative narrative around the impact on jobs, the bulk of the impact from the automation of work through AI will result in a 'displacement' of work not a 'replacement' of work.

Insurers want to use advanced analytics and data to fight fraud, but are going through growing pains in laying a tech groundwork.

So-called 'black box' pricing makes insurance products more competitive and efficient for lenders, practitioners say.

The number of phishing attacks worldwide in the third quarter of 2018 reached more than 137 million, according to Kaspersky Lab.

insurers have an opportunity to use the same data integration techniques for data prefill to automatically integrate data into more complex lines of business.

Representatives of multiline insurers

A chatbot might very well be a slower interaction than a well-designed portal, but there is other value.

For the first time ever, emerging technology investment has superseded customer understanding as the No. 1 thing firms want to do to be more innovative.

When it comes to their digital assets, organizations recognize the importance of business resilience but most are struggling to take action to connect the two, according to a recent report.

Investments in the Internet-of-Things will increase in 2019, even as the term 'IoT' begins to fade. Here are five most significant trends that organizations can expect, according to Forrester Research.

Leadoff speakers from Digital Insurance's Insurance Analytics & AI conference in New York illustrate an industry operationalizing advanced technology.

The insurer plans to offer its Fitbit/wearables-powered health program to more than a million employees of Canadian companies that use its group benefits,

The company offers episodic supplemental injury and accident coverage for outdoor endeavors.

Organizations that do not embrace modern business automation will flounder and struggle to survive, with approximately half of organizations recently surveyed saying they see automation as key to delivering a rapid rate of change.

Organizations using these technologies to drive innovation are seeing benefits in terms of revenue, profit and overall leadership in their respective industries and segments, says IDC's David Schubmehl.

A diverse range of carriers including Travelers and Chubb are deploying internet of things devices to aid customers in several business lines.