data analytics News
Data Analytics Startup Confianza Makes Its Debut
Confianza has launched – a new data analytics company focused on smaller insurers. Two insurance industry veterans are behind the New Mexico company's launch. One co-founder – Jeffrey Glazer – ...
CoreLogic Examines Unsolicited Acquisition Bid
Data and analytics firm CoreLogic disclosed it has received an unsolicited acquisition bid from an investment firm and hedge fund. Cannae Holdings and Senator Investment Group offered to acquire all ...
CyberCube Analytics Pulls in $35M Financing, With Plans to Broaden Marketing Efforts
CyberCube Analytics, a cyber risk analytics startup focused on the insurance industry, pulled in a $35 million financing to help fuel further growth. The San Francisco-based InsurTech said it will ...
P/C Insurers Can Benefit From Increasingly Sophisticated Data Analytics Technology
There has never been a better time for P/C insurers to use data analytics as a tool to expand their underwriting reach into new markets and risk classes, Swiss Re said in its latest sigma report. The ...Text Mining Illustrative Example
The clearest insurance application in text mining is in the claims department. Each claim, especially those that involve bodily injury, can be complex, resulting in a large volume of reports and ...
Startup Understory Raises $7.5M; Produces Weather Data for Insurers, Others
Understory, a producer of weather and related analytics data for insurers and others, raised $7.5 million in new financing designed to help propel an international expansion. The Wisconsin-based ...
Note to Insurers: Put Down Your Spreadsheets
This is the fourth in a series of articles by Valen Analytics looking at the hurdles that insurers must overcome to effectively implement and gain value from data analytics programs. Every tool has ...
UK Insurers, Banks Must Be Transparent About Data Collection or Face New Rules: UK Regulator
Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on ...