Big data's hype is driving big business intelligence investment across the insurance industry. Novarica reports the top outlets for that spending.

In 2016, 5.5 million new things will get connected every day, and total connected things will reach 20.8 billion by 2020, the report says.

With IBM's acquisition of The Weather Company and its large insurance customer base, Watson analytics may be able to help assess weather risks days before things happen.

The insurer is supporting Augury, which uses sensors to predict HVAC equipment breakdown.

All three major big data submarkets—infrastructure, software and services—are expected to grow over the next five years, report says.

The company has consolidated 13 lines onto the new claims system.

The commercial insurer will use the software in its specialty lines unit.

The companies will form a group of strategic partners to work together on areas conducive to promoting connected electric cars.

What most boards don’t have is a committee that focuses on what many now believe to be the most impactful company function of all – technology.

The specialty insurance brokerage has elevated Steve Sampiere after former CIO moves to CFO position.

A few schools in Utah, Texas, Arizona, Pennsylvania, Colorado, and Southern California all graduated a higher share of MBAs who went into tech than Stanford's Graduate School of Business

Fitbit’s biggest Chinese rival plans to introduce the line of more sophisticated fitness trackers over the coming year -- at one tenth the price of the U.S. company’s gadgets.

The companies have new versions of their insurance software.

The insurance software vendor is building onto its core systems capabilities.

Some business groups say that proposed rules requiring insurers to purchase certain data protection technologies are unfair to firms from outside the country.

Zurich said it has taken its first steps to improve the profitability of its general insurance unit, including job cuts and an exit from part of the U.S. transportation business.

Covering all 50 states, the awards include commitments from more than 250 organizations.

By 2019, software platforms and analytics services will each drive more revenues globally than professional services in IoT markets, says ABI Research.

As the company enters a restructuring phase following weakening financial results, tech innovation is a priority.

The P&C brokerage has selected the EigenPrism platform for catastrophe exposure analytics and modeling.