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
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?
A 12 Point Checklist for Automated UnderwritingOctober 25, 2012Automated underwriting systems offer the promise of better information and greater efficiency But insurers considering such systems should prepare a checklist to make sure that the systems address the underwriters’ concerns.
Insurers Hit the Underwriting Mark With Big DataOctober 11, 2012While insurers are still in the early stages of adopting big data for underwriting, those that can hit the target now are likely to outpace their competitors -- if they can get the insight into the hands of decision makers.
Andrew Made the Insurance Industry Stronger: Marsh's PieroniAugust 24, 2012The scope, destruction and costs of Hurricane Andrew in 1992 forced the insurance industry to revamp everything from risk forecasting to claims management. Marsh's Chief Operating Officer William Pieroni says technology has been key to helping insurers up