Technology & Analytics
Hamilton USA CEO Macia to Take Charge of New AIG Tech-Focused Subsidiary
American International Group under new CEO Brian Duperreault is moving quickly to pursue next-generation technology. The insurer has formally disclosed plans to name Hamilton USA CEO Seraina Macia as ...
RMS Expands Model Suite for Asia-Pacific Typhoon, Earthquake
Risk modeling and analytics firm RMS has substantially expanded its suite of offerings for the Asia-Pacific region, adding typhoon models for South Korea and Taiwan as well as earthquake models for ...
Hiring Data Scientists Not Enough; Data Managers Needed for Value Creation: Research
While big data scientists are often perceived as the key to unlocking the potential value of big data, research conducted by the University of Kent in the UK indicates a different view. Dr. Maggie ...
Auto Insurance Startup Root Expands, Links With Lyft on Car Rental Alternative
Startup telematics-based auto insurer Root is now offering rental coverage in partnership with ridesharing firm Lyft. For policyholders with short-term needs for alternate transportation after an ...
Data Glitch Causes Stock Price Swings for Apple, Google; $123.47 Price on Others
The prices of several big name NASDAQ-listed stocks appeared on some websites to either spike or plummet well after the closing bell last Monday, seemingly due to a glitch related to the market data ...
Valuable Revenue Stream Hidden in Insurance Carrier ‘Data Exhaust’
The chief executive officer of Quandl is on a mission to let insurance companies know that their data is valuable and professional investors will pay them for it. But a lot of insurers are oblivious ...
Getting Ready for AI: A 5-Step Practical Approach for Insurers
Artificial intelligence (AI) is rapidly proving its business worth across many industries, and insurance is no exception. AI can enable smarter ways to sell products and services, whether powering ...
New AIG CEO Duperreault Reiterates Desire to Focus on Acquisitions over Share Buybacks
American International Group Inc's new chief executive Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions. "I'd love to ...