Unstructured data

The unstructured data challenge in insurance is massive, but so are the opportunities for companies that effectively harness the information.

Applying AI technology moves slowly, but has potential to produce more sophisticated insights

Data issues hinder the member experience and cause premium loss for carriers.

Underwriting technology company shifts focus to workbench product

AI and ML can find patterns in data, but when they're trained on biased data, they can compound the issues and perpetuate a self-confirming data bias cycle.

High-resolution, high-frequency imagery assists insurers with claims processing, underwriting and post-disaster property inspections.

In measuring the volume of data, we have blown past exabytes and are now calculating volumes in zettabytes -- an explosion that's upending traditional processes.

It is a powerful positioning for insurance carriers to view themselves as data companies first, incorporating that information across all facets of the organization.

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

The company combines its previous court-records database with state motor vehicle records with the goal of removing steps for insurers.

Artificial intelligence, real-time data and social capital can reverse the fate of individuals, families and communities.

Companies that produce hardware designed to detect and mitigate water damage see insurers as natural partners.

The insurer embeds new technologies, such as AI and IoT, into its organization on an ad-hoc basis, rather than developing products separately in a lab and force-fitting them.

Managing this crucial component of data management will help carriers get better results from their analytics, AI and blockchain initiatives.

Facebook CEO faced grilling from lawmakers over the company's stewardship of customer data.

The growth in digital transformation efforts is driving the need for more CDOs. Forrester Research looks at how strategy, governance and execution separate the best from the rest.

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

Otonomo has developed technology to make it easier to distribute connected-car data by securing, anonymizing and aggregating information while adhering to regulations.

Several top colleges and universities are offering courses and concentrations in applying data to the sector.

Bruce Gifford is selected for the role after serving in the P&C carrier's actuarial department since 2009.