The insurer says it is looking to bundle the various telematics-related services across its business units under the Arity umbrella

The insurance industry has witnessed particular trends in innovation that highlight a unique claims approach.

The announcement has some similarities with Duck Creek's recent acquisition of Agencyport, Celent says.

Machine learning is the method of choice for developing software for natural language processing, speech recognition, computer vision and robot control, study finds.

The insurance giant will develop an artificial intelligence and deep learning tool that analyzes and deciphers natural language.

The aggregate amount of cloud shift in 2016 is estimated to reach $111 billion, increasing to $216 billion in 2020.

The Peruvian insurer has noticed an estimated 45-minute decrease on inspection time by using the app.

More than 1,000 MetLife employees will be offered positions with CSC, which is taking over a closed block of life and annuity policies.

The reinsurer receives full underwriting, claims, accounting, and reporting capabilities, courtesy of StoneRiver, Inc.

At least 25 reports were allegedly altered, according to the complaint.

The desire today for a career in data science is exceeded only by the difficulty of breaking into the field.

With its wireless business slowing, Verizon is pursuing new sources of growth, such as connected-device subscriptions, video streaming and mobile-workforce management.

More than 170 adjusters will receive iPad Pros and iPhone 6s loaded with the Claims Adjust app.

The World Economic Forum has identified blockchain technology as one of six computing “ mega-trends” shaping society in the coming decade.

Not all carriers are completely ready to lock in to a cloud-based service model in which core systems’ computing resources are shared and maintained on the Internet.

The policy directive covers any cyber incident, establishes lead federal agencies to coordinate responses, and requires the departments of Justice and Homeland Security to maintain updated contact information for public use to report incidents.

Metlife’s goal was to use advanced analytics to manage liquidity and optimize the use of highly liquid assets.

Hawaii-based insurer hopes better analytics will speed up underwriting decisions.

Insurers have many options when it comes to marketing via the mobile channel, but the most underused is the art of texting.

The telecommunications company will add Yahoo web services that still draw 1 billion monthly users, gaining share in the $187 billion digital-advertising market.