Technology & Analytics
Are Insurance Carriers Ready to Jump Up Into the Cloud?
In increasing numbers, enterprises around the globe are adding public clouds to their technology portfolios. According to Forrester, adoption of public clouds by all types of business enterprises ...
Aon Benfield Launches Canada Flood Model to Help Manage Exposures
Impact Forecasting, Aon Benfield's catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their ...
Price Optimization or Price Discrimination? Regulators Weigh In
Insurers' growing use of predictive data analytics is predicated on enhancing operational efficiency, improving decision-making and offering more detailed pricing of products. It's that last practice ...
Building Advanced Analytical Capabilities to Deliver Business Value
In the words of XL Catlin CEO Mike McGavick, we face "the imperative for robust use of advanced data and analytics." It's an imperative that XL Catlin has taken very seriously, for several reasons. ...
Insurers See Impact from Wearables Within Two Years: Accenture Survey
Nearly two-thirds of insurers expect wearable technologies to have a significant impact on the industry, according to a survey in Accenture's annual Technology Vision report. The survey of more than ...
Closing the Gap: How Small and Midsized Insurers Can Leverage the Power of Big Data
The "big data" buzz that dominates so much of the P/C insurance conversation these days may not be as uniformly useful as everyone thinks. In the majority of cases, the usefulness of big data hinges ...
How Technology Advancements Can Help Insurers Compete
Record consumer churn, new entrants to the market and dramatic changes in consumer preferences have created urgent pressures on Property & Casualty and Life insurers. Many are frantically playing ...
The Next Frontier: Praedicat Soaring Into Liability Cat-Modeling Space
For insurers today, emerging risks are like comets were to the ancients: harbingers of doom of mysterious origin. The Romans thought the gods sent a comet to mark the passing of Julius Caesar. Today, ...