Carriers are going digital to cut operating costs and break into the younger consumer market, according to a new report from Celent.

Being situationally aware and open to possibilities become the foundation for a world where successes breed future successes.

The drivers are disruptive market and technology forces that are reshaping everyone’s business environment and everyone’s concept of 'customer' and 'service.'

Cloud for ancillary services has risen in insurance, and within the past few years the trend has expanded to include core as well with Tier-1 carriers migrating to the model.

Carrier joins Citi, Kabbage, DTCC and HP in consortium to help fintech startups get better at data protection.

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.

As transportation preferences evolve, the way insurers are connected with drivers will as well.

Business users can more easily learn to use and benefit from modern analytics and business intelligence tools, enabling them to take the lead role in this area by 2019, says Gartner.

Incumbents benefit from high barriers to entry, but are themselves less efficient and innovative, Accenture claims.

With enough information produced directly by vehicles, insurers can get most important information without making the customer work too hard.

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

Shelia Anderson is tasked with modernizing core and developing new applications for customers.

The carrier piloted Snapsheet’s technology before launch, and found claims were settled up to 40% faster using the insurtech's software.

Top risks are often associated with the IoT, artificial intelligence, cloud computing and robotic process automation.

Moves from Allstate units Answer Financial and Arity, as well as MassMutual, illustrate increasing value of analytics expertise outside core insurance products.

The firm is releasing new cloud technologies to fight disease and help health providers abide by privacy laws as the medical sector moves to internet-based computing.

More than 75% of fintech executives surveyed in a new report acknowledge their primary business objective is to collaborate with banks and insurance companies.

Carriers need to combine traditional initiatives, such as business intelligence and core modernization, with investments in insurtechs.

New technology organization structure aims to improve customer experience, CIO says.

The life insurer’s LifeScore Labs division is ready to make its data tool available to other carriers in the space.