Insurer Group: Sharing Telematics Data Must Be Opt-InMay 03, 2013The 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.
What Big Data Means For Infrastructure CostsApril 24, 2013Most insurance companies have at least one big data effort under way, if not more. The cloud can help meet those needs without breaking the bank.
ACORD Names Chief Standards OfficerApril 23, 2013Former Zurich General Insurance executive Monique Hesseling joins the industry standards group as VP and chief standards officer, a new position.
3 Must-Haves for Insurance Data QualityApril 12, 2013The increasing number of channels is hurting data quality within insurance organizations, 94% suspect their customer and prospect data might be inaccurate in some way.
How Big Data Opens Up More Product Options to InsurersMarch 27, 2013In a world where some consumers are as curious about their own data as insurers are, carriers can use their analytical experience to tailor products to that need.
A Better Business Case For Big DataMarch 26, 2013Many factors contribute to the continuing difficulty insurers have in making an effective business case for big data investments.
Big Data Not Yet A Best Practice In InsuranceMarch 20, 2013Big data is a hot topic across the insurance industry, but many carriers are stymied by the challenges of making a business case for the types of systems and infrastructure investments required to support a big data strategy, says Martina Conlon, a princi
Insurer Chief Risk Officers' Profiles Rise with Prominence of Tech: E&YMarch 19, 2013Increased risk exposure to risk due to social media and channel proliferation, as well as a focus on data and analytics projects in the "big data" era, is raising the profile of the chief risk officer within the insurance enterprise, according to Ernst & Y
Train Your Data Scientists to Be StorytellersMarch 15, 2013Analytics aren’t all science – data scientists need to be able to communicate complex results to a broad community of stakeholders.
SAP's Cummings: Camilion Acquisition Adds Value for U.S. ClientsMarch 08, 2013Robert Cummings, head of SAP's insurance business unit, says that the acquisition of Camilion helps fill holes in the company's insurance suite that had kept it out of the U.S. market.
The New Business Process: 4 Tech EnablersMarch 01, 2013Writing new business accurately and efficiently is critical to an insurer’s ability to grow and gain market share. How can tech enable carriers in a world of increased expectations?