Blog | The Life Insurance Market

4 Steps to Incorporate Big Data Into Insurance Marketing
May 17, 2013 @ 07:33 AM | By Kristen Hambelton- Neolane

While insurance marketers have long used data to segment and target customers, analyzing and acting on this data offers even more.

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First Major Tornado Outbreak Levels Homes, Kills 6 in Texas
May 16, 2013 @ 11:38 AM | By Nathan Golia

Insurance loss estimates have yet to be released for storms that hit a community southwest of Fort Worth last night.

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Big Data for Fraud Detection
May 16, 2013 @ 10:44 AM | By James Ruotolo- SAS

Insurers have lots of data, and they are finding new ways to leverage it. High-performance analytics technology is inspiring a whole new set of fraud detection capabilities.

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5 Market Forces Driving Change in Insurance Carriers' Strategy — Deloitte
May 15, 2013 @ 13:29 PM | By Anthony O'Donnell

Gary Shaw, Deloitte's new insurance industry lead, talks about major market forces that the consulting firm's clients face.

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Agile Financial Management: Re-visioning the Budget Process
May 15, 2013 @ 10:36 AM | By Peter Witham- UNIT4 Business Software

To create an accurate budget you need visibility into a single set of data and the ability to see clear across your organization – regardless of geographic locations, currencies, and other barriers.

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Would You Insure a Flying Car?
May 14, 2013 @ 09:38 AM | By Nathan Golia

At a time when the auto insurance industry is evaluating the potential impact of autonomous vehicles, there are actually "flying cars" being produced.

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Information as a Game Changer: Actuarial Analytics — Score Keeping, or Trusted Advice?
May 10, 2013 @ 16:18 PM | By Paul Delbridge- Mark Purowitz- Punita Gandhi and Caitlin Marcoux- PwC

There is a great opportunity to more effectively utilize actuaries’ advanced analytics and modelling expertise, and thereby change actuaries’ role from scorekeeping to one in which they create a significant, information-driven competitive advantage for the organization.

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The Hartford CEO: "We've Planned for Higher CATs This Year" (Video)
May 10, 2013 @ 07:00 AM | By Nathan Golia

The Hartford CEO Liam McGee tells Fox Business that the company expects weather to "be more severe this year"

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Where Do Insurers Find Innovative Ideas?
May 08, 2013 @ 08:00 AM | By Nathan Golia

Insurer ACORD LOMA attendees agree on the best place to find dynamic, innovative ideas within the insurance organization.

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Another Case for Native Apps
May 08, 2013 @ 07:30 AM | By Nathan Golia

Consumers want anytime, anywhere access to products including insurance, but don't want to waste space on their devices. Can insurers make the case?

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Underwriting Technology Matures: The Birth and Rise
May 07, 2013 @ 12:54 PM | By Gail McGiffin- Ernst & Young LLP

The next generation of underwriting talent will grow and thrive not by the oral history passed along from the prior generation, but by the ability to provide an environment fueled by superior rules, insight-driven analytics, real-time collaboration and faster execution.

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A Comeback for Native Mobile Apps in Insurance?
May 07, 2013 @ 10:36 AM | By Nathan Golia

One vendor at ACORD LOMA says insurers should embrace the app model even though it can be difficult to encourage policyholder adoption.

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What Commercial Insurers Can Learn from Manufacturers
May 06, 2013 @ 10:49 AM | By Gail McGiffin- Ernst & Young LLP

Advances in the manufacturing industry provide a model for insurers to build innovative products.

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AXA's New Life HQ Places Premium on Innovation
May 03, 2013 @ 11:51 AM | By Nathan Golia

The new headquarters for AXA Equitable's Life Operations is built around facilitating an innovative culture.

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Insurer Group: Sharing Telematics Data Must Be Opt-In
May 03, 2013 @ 11:25 AM | By Nathan Golia

The Association of British Insurers tells its members that getting "explicit consent" from policyholders is a best practice when sharing telematics data outside core insurance practices.

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Insurance CIOs Should Turn Conventional Transformational Wisdom on its Head
May 03, 2013 @ 10:59 AM | By Anthony O'Donnell

X by 2's Ram Sundaram says insurers pursuing IT transformation should do the opposite of five rules that represent conventional wisdom.

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Further Thoughts on Quindell’s iter8 Bet
May 01, 2013 @ 11:45 AM | By Anthony O'Donnell

The U.K.-based vendor's acquisition of a distribution technology leader gives it a strong foothold, but succeeding in both geographies won't be easy.

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Signal to Noise: Nate Silver Offers Lesson on Controlling Big Data Complexity
April 30, 2013 @ 18:03 PM | By Stuart Rose- SAS

Simply adding more variables can amplify meaningless feedback and add complexity. Profitable use of big data for improved pricing accuracy and enhanced customer experience will require isolating predictive factors.

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3 Ways to Drive Sales Via Agent Social Media
April 28, 2013 @ 15:19 PM | By Clara Shih- Hearsay Social

Successful agents differentiate themselves by building social media best practices into their regular routine to prospect, connect, and grow their customer base — and reap the rewards of earned loyalty.

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A Tribute to the Courageous Tripathi Family
April 26, 2013 @ 12:38 PM | By Anthony O'Donnell

The brave and loving family of our friend inspires us and many others through great strength despite their terrible loss.

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