Big Data News
Maximizing the Value of ‘New Data’ in Commercial P/C Insurance
While there's a great deal of speculation surrounding the COVID-19 pandemic's immediate and longer-term effects on the insurance industry, one key trend is sure to stick: commercial P/C insurers will ...
Insurance Value Chain Poised for Big Changes From Data-Driven Business Models
Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, said the ...
Corvus CEO Edmundson: InsurTech and Cyber Cover Offer a Potent Mix
Cyber continues to be a fast-evolving risk. But Phil Edmundson, founder and CEO of the Boston-based InsurTech-focused managing general agent, said his company's strategy takes that into account. "The ...
By Taming Big Data With AI, Cytora Aims to Transform Commercial Underwriting
It is an InsurTech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal may seem ambitious, Cytora is making ...
Shift Technology Raises $60M to Expand Reach of AI Claims Tech
Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers manage risk ...
Challenge Accepted: Sorting, Scaling and Applying Web Data for Insurance
Big data is back. Once the darling buzzword of innovation, big data's buzzword status had been eclipsed by a trendier focus on forces of "disruption" and a passion for everything "digital." The ...
Technology and Tariffs: Chubb CEO Greenberg Sounds Off
To carriers seeking to modernize and digitize, Chubb CEO Evan Greenberg has this to say: It's all about scale. Greenberg, speaking during the company's 2018 second quarter earnings call on July 26, ...
Insurers’ Big Data Plans Could Fail If They Don’t Get Basics Right: Mair of Atticus DQPro
Artificial intelligence? Machine learning? Thinking big is great, but before insurers begin to pursue such advanced big data projects, they must not lose sight of the fundamentals. They must first ...