Technology & Analytics
Insurers Poised to Change Rates of IT Outsourcing in 2014: Novarica
Only 15 percent of insurers don't currently rely on external IT services for key technology areas, but a group of those that do outsource IT services expect to scale back in 2014, a new survey finds. ...
Nasdaq Says Talks Over Market Glitches Too Slow: Reuters
Nasdaq OMX Group is prepared to walk away from running the data processor that was at the center of a three-hour trading halt in August, in a sign of its frustration with the pace of talks over ...
Verisk to Buy EagleView Technology Image Library for $650 Million
Verisk Analytics Inc., the supplier of data to insurers and banks, agreed to buy EagleView Technology Corp. for $650 million in cash, adding an image library that encompasses about 90 percent of U.S. ...
Shedding Light on ‘Dark Side’ of Internet of Things
The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google ...
SNL Acquires Analytics Firm iPartners
SNL Insurance, a division of SNL, has acquired iPartners LLC, which offers analytics and reporting software and services that help insurers collect and analyze internal business data. Terms were not ...
Avoiding the Pitfalls and Pratfalls of a UBI Product Launch
Any usage-based auto insurance (UBI) product launch is vulnerable to common reversals that can slow or even derail the project. Some simply cause delays, but others have cost the clients significant ...
IBM Giving ‘Jeopardy’ Champion Watson Its Own Division
International Business Machines Corp. is turning Watson, the technology that triumphed over human "Jeopardy!" contestants, into a separate division to help the computing-services giant return to ...
Top Insurance Product News of 2013: Cloud Computing
Cyber liability coverages dominated the insurance product news cycle again in 2013, but one segment of this risk insurers are still grappling with how to insure is cloud computing. The real story ...