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Strategic implementation of generative AI can be a significant differentiator for stakeholders in the insurance industry, according to new research by Info-Tech Research Group. Without a ...
New research highlights the urgency for insurance companies to shift from complex, costly legacy systems burdened with outdated technology to modern systems to remain competitive in the current ...
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, ...
Aspen Insurance Holdings Ltd. said it will launch a program to boost operating efficiencies and save $160 million over three years. An unknown number of job cuts are also likely. Aspen spokesperson ...
Chubb has sealed a new deal with IBM that represents a major investment in cloud computing in order to modernize its information technology operations. The Chubb/IBM announcement involves is a ...
"Kate," a new virtual assistant, debuts for GEICO auto insurance customers. Liberty Mutual is expanding its telematics and other safe driver offerings. Kinsale has started offering new school board ...
A minority of insurers expect higher 2017 spending in their information technology budgets. Just 37 percent say that they expect an increase in their IT spending. That compares to 45 percent of ...
AIG is hiring another JP Morgan Chase & Co. information technology executive in a major leadership role. Hugh Tamassia is set to become AIG's new chief enterprise architect, effective Oct. 3. AIG ...
The Progressive Group of Insurance Companies said it plans to hire more than 1,300 people by the end of 2016, focusing in part on beefing up its IT and big data capabilities. Information technology ...
China's second-biggest insurance company, Ping An Group, has become the first Chinese member of a global consortium led by fintech firm R3 that is working on ways blockchain technology can be used in ...
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