CTO / Technology
Silicon Valley Veteran Shaking Up Vertafore
Vertafore is forging new partnerships and shaking up how it develops and deploys new products. A big reason behind these efforts is Greg Wright, the company's new senior vice president of Agency ...
AIG Brings on Kaiser Exec As First-Ever Chief Technology Officer
American International Group Inc., the largest commercial insurer in the U.S. and Canada, named Michael Brady to the new post of chief technology officer as Chief Executive Officer Peter Hancock ...
How Wearable Devices Are Disrupting the Insurance Industry
Nearly 50 years after Captain Kirk began using his wrist communicator on the television show "Star Trek," wearable technology is taking hold. From Fitbit to Google Glass, the technology is ...
IBM $3B ‘Internet of Things’ Unit, Weather Co. Alliance to Benefit Insurers
IBM is investing $3 billion to build an "Internet of Things" division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it ...
XL Launching VC Initiative to Fund Innovation
XL Group has announced the creation of a new venture capital initiative, XL Innovate. XL Innovate will be financially backed by XL and will invest in companies that have a strategic focus on ...
Risky Snapshot Drivers May See Rate Hikes, Progressive Says
Progressive Corp., the fourth-largest U.S. auto insurer, said it will begin increasing rates for some risky customers who participate in a program that allows the company to electronically monitor ...
CNA, Aon, WING Host Women in Insurance Tech Event; SJU Leadership Event Next Week
Last week, CNA, Aon plc and the Women's Insurance Networking Group (WING) collectively sponsored the 2015 Voices Live Chicago Event supporting the growing role of women in insurance technology. The ...
Insurers Slow to Maximize Big Data Potential Despite Importance: Fitch Ratings
Big data will become increasingly important to insurer profitability in multiple ways in the coming years, and the industry is starting to comprehend its potential. But carriers have been slow to ...