News & Commentary
Latest Content tagged with Data & Analytics
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Big Data Land Mines For Insurers To Avoid In 2015
Commentary  |  2/21/2015  | 
Before data was big, Google was a verb, or Gordon Moore wrote his law, insurers were using math and statistics to predict the future.
7 Tech Skills for Insurance Pros
Slideshows  |  2/20/2015  | 
Analytics, security and communication are critical skills for insurance tech professionals in 2015.
What Will Insurers Face on the Regulatory Front in 2015?
Slideshows  |  1/6/2015  | 
Among the regulatory challenges facing insurers in 2015 are TRIA uncertainty and new requirements around capital standards and ORSA. Data mastery is key to compliance.
CES 2015: Big Data A Quiet Star
News  |  1/6/2015  | 
Big data is the underlying big story at CES 2015, as we see a flood of Internet-connected devices loaded with data sensors.
IBM, Apple Partnership Could Yield Trove of Insurance Apps
News  |  12/23/2014  | 
The insurance industry is a prime candidate for better mobility solutions, says Mark McLaughlin, IBM's insurance global leader.
Top 10 Lessons OMIG Learned From Analytics
News  |  12/23/2014  | 
Ohio Mutual Insurance Group used analytics to determine tolerance for premium increases. Here are the top 10 lessons the insurer learned along the way.
3 Ways Insurance Marketers Can Navigate the Technology Maze
Commentary  |  12/19/2014  | 
Now is the time to make sure you’re primed to run the race to have your project implemented.
Big Data Analytics: Time For New Tools
Commentary  |  12/18/2014  | 
So you're considering Hadoop as a big data platform. You'll probably need some new analytics and business intelligence tools if you're going to wring fresh insights out of your data.
Allstate Restructures, Boosting Tech's Profile
News  |  12/17/2014  | 
A new Emerging Businesses unit unites Esurance and connected car initiatives under one umbrella.
Ford Names Former Nationwide Exec to Lead Data
News  |  12/16/2014  | 
Paul Ballew is charged with hastening "development of mobility, connectivity, and autonomous driving innovations."
The Hunt for 'Extreme Digital' Discovers the Unexpected
News  |  12/12/2014  | 
Insurers building advanced digital strategies may be seeking inspiration in the wrong places.
4 Data Management Needs for Fraud Detection
News  |  12/12/2014  | 
Efforts are hampered by multiple legacy applications, systems segregated by line of business, disparate SIU case-management systems, and third-party vendor systems that house critical data.
Apple, IBM Help Insurance Agents Go Mobile
News  |  12/10/2014  | 
The companies have partnered on mobile applications geared toward insurance professionals at the distributor level.
2015 Trends: The Growth of Information Governance
News  |  12/10/2014  | 
Insurers will need to buckle down on information management strategies to address the growth of data throughout the next year.
Internet Of Things: 3 Holiday Gifts That Will Keep CISOs Up At Night
News  |  12/9/2014  | 
If you think BYOD policies will protect your infrastructure from the January influx of mobile hotspots, fitness trackers, and Bluetooth, think again.
Top 5 Big Data Trends Of 2014
Commentary  |  12/8/2014  | 
As companies move beyond bleeding-edge experiments into production deployments, these trends point to real-world progress in big data analysis.
The Digital Trends for Data-Driven Markets in 2015 & Beyond
Commentary  |  12/8/2014  | 
Top marketing trends for social, mobile, advertising, and digital analytics, according to Teradata's Michael Lummus
Even Insurers' Best Customers Are Leaving
News  |  12/5/2014  | 
Cost pressures and ease of doing business are leading customers to leave even insurers they like for better deals, according to EY research.
Common Strategies for Achieving Insurance Customer Centricity
Commentary  |  12/5/2014  | 
Eventually, insurers will need to position themselves to respond quickly to changing customer expectations in an increasingly digital and connected life.
Insurers Expect Arms Race to Acquire Tech Capabilities
News  |  12/4/2014  | 
Accenture research reveals that digital startups related to the insurance industry are prime takeover targets by carriers.
The Value of Predictive Analytics in Financial Services
Commentary  |  12/3/2014  | 
Risk management and customer data are two key areas where data analytics is being applied in financial services.
XL Group Appoints Global Analytics Leader
News  |  12/2/2014  | 
Tim Pitt has experience as an actuary for the company.
Educating the Public on Data Security
Commentary  |  12/2/2014  | 
Insurers can provide the peace of mind their customers crave by sharing information on security practices.
What SIUs Want: An Easier Way to Take Aim at Soft Fraud
Commentary  |  12/1/2014  | 
From the special investigative unit perspective, soft fraud is like a cancer: It's a silent but deadly disease that's not easy to detect.
6 Keys to Balancing Goals in Insurance Digitalization
Commentary  |  11/24/2014  | 
Carriers need to define their digital mission and strategy in terms of both short-term and long-term objectives and prioritize their implementation based on investments and benefits.
First American Names Corporate Data Strategy Leader
News  |  11/21/2014  | 
The real estate-related insurance provider has appointed Dianna Serio as executive vice president of enterprise data strategy.
5 Insurance Lessons From Amazon.com
Commentary  |  11/21/2014  | 
Insurers have some examples of how big data can be used to meet customers' needs, increase brand visibility, generate more sales, and strengthen relationships.
Does Big Data Need A 'LinkedIn For Analytics'?
News  |  11/20/2014  | 
A social media approach to analytics could help enterprises get more value from their big data systems, says Teradata exec.
It’s Time to Put Data Mastery in the Driver’s Seat
Commentary  |  11/20/2014  | 
Insurers understand the business value of data, but most have yet to understand how to derive maximum value from an enterprise data mastery program.
Incorporate Test-&-Learn Cycles for Optimal Customer Experience
Commentary  |  11/18/2014  | 
As consumers become more aware, knowledgeable, and self-empowered, it becomes critical for the business to engage with consumers from their point of view.
The Evolution of Telematics Opportunities
Commentary  |  11/18/2014  | 
Auto insurers can collect and analyze data that will help to reward good drivers and punish offenders, but they need the right tools and strategies.
The Insurance Supply Chain & Innovation — And What Leaders Can Learn
Commentary  |  11/14/2014  | 
Modern predictive analytics is fast becoming a critical tool in recognizing key trends, patterns, and potential disruptions within supply chains.
A Plea to Insurers: Consider 'Co-Opetition'
Commentary  |  11/14/2014  | 
Let other insurers advertise to the customers you can't give a policy to. What do you have to lose?
Defining Big Data in P&C Insurance
Commentary  |  11/13/2014  | 
Peter Hahn of Zurich North America explored the affects of data growth on commercial P&C insurers at this year’s I&T Executive Summit.
SAP, Samsung Parter on Mobile, Wearable Technology
News  |  11/12/2014  | 
The partnership will include a foray into payments as well as mobile banking solutions.
Yes, Insurers Are Innovative
News  |  11/12/2014  | 
At the Insurance & Technology Summit, insurers shared real-world examples of innovation and adaptation in an increasingly digital world.
Big Data Survey: Trouble Brewing For IT
News  |  11/11/2014  | 
Just 30% of respondents say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?
A Secure Approach to Data Privacy
Commentary  |  11/10/2014  | 
With the increasing importance of information security and recent cyber attacks, it's time for businesses to make strategic privacy decisions.
Cultivating Timely & Effective Insurance Data Management
Commentary  |  11/7/2014  | 
Data is the fuel that feeds core systems, so modernizing data and how it is managed is just as important as the systems themselves.
Oregon Mutual’s Fowler Aims to ‘Futurize’ the Business
News  |  11/6/2014  | 
CIO Bryan Fowler is leading Oregon Mutual Insurance on a journey that is helping the P&C carrier leverage data, modern core systems, and the cloud.
The Principal's Doug Fick: A Customer Advocate
News  |  11/5/2014  | 
The life insurance carrier's CIO focuses on customer and agent experience in all initiatives.
How West Bend’s Tracey Berg Translates Vision into Results
News  |  11/4/2014  | 
At West Bend Mutual Insurance, SVP and CIO Tracey Berg not only runs an effective IT organization — she’s also responsible for corporate strategic planning.
Making The Commercial Personal
News  |  11/3/2014  | 
Analytics investment and implementation separates the most effective companies from the laggards, says Zurich North America's Tom Peach.
The Once & Future Insurance IT Leader
Commentary  |  11/3/2014  | 
Insurance & Technology’s 2014 Elite 8 CIOs have what it takes to lead in a changing and challenging business environment.
Insurance, Innovation & the Internet of Things
Commentary  |  10/31/2014  | 
What we’ve seen with vehicle telematics is just the tip of the iceberg. Imagine the same types of implications (and more) for every tangible item that the industry insures.
Becoming Customer-Centric, Not Product-Centric
Commentary  |  10/30/2014  | 
New technology can ensure that your customers get the products they require, rather than being force-fit into a product option that’s not right for them.
3 Themes of Insurance Tech Transformation
Commentary  |  10/30/2014  | 
The insurance industry has evolved around three key transformation themes that can be achieved through the use of technology.
Data Lessons: Achieving Customer Focus
Commentary  |  10/29/2014  | 
Stepping back from the hardware and software view of the infrastructure and understanding what data is needed and how it is used to run the business presents a number of advantages to all levels of the organization.
Big Data: Helping Acquire Policyholders
Commentary  |  10/24/2014  | 
By combining first-party, third-party, and proprietary data, insurers are given the best possible view of a prospect.
How MassMutual Builds a Data Science Pipeline
News  |  10/23/2014  | 
The insurer offers top talent from colleges in its area an enticing opportunity for professional development and real-world work.
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