The latest mandate encourages greater sharing of data between public and private organizations, and establishes protections of privacy and liability for those sharing the information.

Ariel Gorelik assumes control of the insurer's global IT operations.

Consumers are increasingly concerned that companies are amassing enormous amounts of information about their activities and using it in unethical ways.

The carrier has hired its first chief innovation officer to manage the strategy.

The company looks to invest in startups, like the Ring video doorbell, that dovetail with its future vision of insurance.

For companies serious about cutting edge data science functions, this role is key.

Japanese insurer expands its partnership with Cambridge Mobile Telematics, previously launching a program for personal auto last year.

CoCo Framework looks to serve as trusted framework for distributed ledger technology.

Carrier partnered with Amazon Web Services and Deloitte to reduce spending and improve speed to market of new capablities, CIO explains.

Examples include robotics, virtual assistants, artificial intelligence and customer self-service technologies, which include kiosks and self-checkout lanes.

Munich Re's investment in insurtech Bought By Many indicative of strategic direction.

The company's SmartRide UBI program is yielding valuable data, says carrier VP.

Top P&C insurers are keen on helping agents acquire new business using mobile channels, as well as e-signature and predictive fraud scoring initiatives, Novarica finds.

Carrier is required to pay $5.5 million, employ two breach specialists in its IT department and conduct audits of its systems yearly.

SOCs devote 50 percent more time than their counterparts on actual threat hunting, according to a new study from McAfee.

Company will work with Insurity to develop app leveraging third-party data.

The industry has a way to go in fixing the underlying information challenges needed to respond to regulatory requests and to innovate, says Michael Atkin.

To meet the needs of customers and deliver services as needed, insurers need knowledgeable, skilled people to build and manage sophisticated applications, algorithms and analytics.

Those assuming the job must combine technology expertise, business savvy and a vision of the organization's future, says Pierre Peladeau.

Firms should be looking at whether they have the right culture and people in place to understand data and how to best keep it safe.