Data Hut

JULY 12, 2022

As a result, several industries are leveraging data insights to improve their operations. Be it the healthcare industry, sports, or even the insurance industry. The Insurance Industry is one of the most innovative and rapidly-changing industries in the United States. Role of Big Data in insurance.

Sports 98

Sports Profiling Innovation Loss 98

CIO

FEBRUARY 6, 2023

The insurance industry is undergoing a sea change, with IT playing a crucial role in rolling out digital customer experiences for policyholders and agents, as in-person meetings all but vanish in the post-pandemic era. We are paying very close attention to trends from a customer perspective.

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IT Innovation Globalization Learning 728

Wink Intel

MARCH 25, 2024

insurance industry will be impacted by three distinct trends in 2024, according to a KPMG leader who analyzes the insurance industry. Calling the industry “healthy and strong,” Scott Shapiro, KPMG U.S. Calling the industry “healthy and strong,” Scott Shapiro, KPMG U.S.

Management 40

Management 40

CIO

MARCH 4, 2024

In an era of business where every industry requires its stakeholders to be capable of quick pivots and sharp turns, siloed information that ultimately slows decision-making can be the ultimate vulnerability. In this way, data may just be the ultimate disruptor – a fact that the insurance industry knows all too well.

Innovation 532

Innovation Advantage Advantage Management 532

Wink Intel

JANUARY 3, 2024

.–( BUSINESS WIRE )– Best’s Review starts the new year with the publication of the Guide to Understanding the Insurance Industry as the January edition of the magazine. college risk management and insurance programs, industry publishers, podcasts and more.

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Sports Globalization Research Intelligence 40

CIO

JANUARY 25, 2024

For industries across the board, a chatbot that is actually good at chatting will be a customer- and employee-experience game-changer. Insurance: adding a personal touch to customer service In 2022, the global insurance sector spent $467 million on chatbot technology. That is projected to reach $4.5

Banking 610

Banking Retail Market Research Marketing Research 610

Wink Intel

FEBRUARY 13, 2024

He has served in a technology leadership role for numerous companies in the life insurance/annuity space. sjm@intelrockstar.com -sjm The post Technology Leadership career openings in life insurance/annuity industry? If you are interested in speaking with someone in his capacity, shoot me a note. appeared first on Wink, Inc.

Technology 40

Technology Technology Marketing Marketing 40

CIO

JUNE 22, 2023

Technology has quickly become a top priority for businesses across every industry. And as the demand for tech talent grows in industries beyond tech, salaries are on the rise in fields such as consulting, finance, hospitality, and more. So much so that IT roles are no longer just the purview of the IT department.

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IT Finance Entertainment Pharmaceutical 709

Wink Intel

JANUARY 8, 2024

The insurance and annuities industry have come out against a Massachusetts proposal to regulate hidden or surprise “junk” fees above the advertised price of goods or services. Click HERE to read the full story via Financial Advisor The post Insurance, Annuity Industry Wants Exclusion From Mass.

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CIO

MARCH 27, 2024

When the leadership team at Erie Insurance planned a large-scale transformation, they knew it couldn’t be an IT-only effort. Finally, the way Erie Insurance drives transformation is by leveraging enterprise business agility. Change Management, CIO, Digital Transformation, Innovation, Insurance Industry, IT Leadership, IT Strategy

Innovation 445

Innovation Management Technology Technology 445

Wink Intel

MARCH 7, 2023

To borrow from Bob Dylan, for life insurance carriers, brokerage general agencies (BGAs), brokers and agents, The times, they are a-changin. Click HERE to read the full story via Broker World The post 2023 Life Insurance Industry Trends appeared first on Wink.

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Research Business 40

Wink Intel

AUGUST 1, 2023

The Golden Age of life insurance came and went 70 years ago. Relatively little has changed in the industry since then, and, as a result, life insurance ownership has decreased gradually, decade after decade, since the 1960s. Our desire for financial security, however, will always be a top priority.

Security 40

Security Security 40

Wink Intel

NOVEMBER 30, 2023

Click HERE to read the full story via INN The post Forrester’s top 5 insurance industry predictions for 2024 appeared first on Wink, Inc. Predictions are always tricky – and resolutions rarely fulfilled. Weren’t we supposed to all have jet packs or flying cars by now?

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Dataversity

SEPTEMBER 15, 2022

The insurance industry has been traditionally conservative with technology advances and hesitant to adopt new technologies. However, times are changing, and artificial intelligence (AI) is gaining much attention from insurance companies, who are starting to realize the important role that AI can play in their operations.

Intelligence 52

Intelligence Intelligence Technology Technology 52

CIO

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Advantage 697

Advantage Advantage Retail Innovation 697

Dataversity

MAY 4, 2023

The insurance industry has witnessed a significant shift in recent years as technological advancements continue to transform traditional business models.

Innovation 52

Innovation Learning Intelligence Intelligence 52

CIO

NOVEMBER 22, 2023

As a connected car data company focusing on the motor insurance sector, UK-based ThingCo is dedicated to developing next gen telematics built with the latest technology. On effective partnerships: It’s not fair for someone to be threatened to have their insurance canceled for something that wasn’t their fault, that the data was invalid.

Algorithm 602

Algorithm Learning Technology Technology 602

Wink Intel

OCTOBER 30, 2023

30, 2023 /PRNewswire/ — Optifino , redefines the life insurance industry by bridging technology and industry experts with a collective 100+ years in designing, underwriting, onboarding, and active management of the insurance portfolio. NEW YORK , Oct. McLaughlin & Co.

Technology 40

Technology Technology Capital Education 40

Wink Intel

MARCH 21, 2023

insurance companies’ minimal exposure to bonds issued by the now-shuttered Silicon Valley Bank (SVB), the failure highlights for insurers the importance of managing enterprise, asset-liability and liquidity risks, according to an AM Best commentary. .–( BUSINESS WIRE )–Despite U.S. The commentary notes that had the U.S.

Startups 40

Startups Banking Capital Research 40

Wink Intel

MARCH 28, 2023

A state insurance industry regulator group intent on questioning insurers on their use of models and big data managed to unite industry and consumer representatives in opposition Wednesday. The 10-page document include two sections of questions on how insurers use models, input data and use third-party data.

Intelligence 40

Intelligence Intelligence Management IT 40

Dataversity

NOVEMBER 18, 2021

Insurance is a massive expense for many people. According to a report by the Association of British Insurers, the average cost for comprehensive car insurance across the U.K. Health insurance in the U.K. The post Modernizing the Insurance Industry with AI and Machine Learning appeared first on DATAVERSITY.

Learning 52

Learning Management Information Education 52

CIO

JANUARY 3, 2024

One of the solutions aimed to improve customer experience and agent efficiency in insurance company contact centers by creating an automated summary of customer-agent calls and chats. One of the features of this solution came from an IBM Consulting hackathon that took place in France in March 2023.

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Profiling Analysis Intelligence Intelligence 667

CIO

FEBRUARY 23, 2024

The completion of such transformative EV and hydrogen fuel cell engineering — amid uncertainty about which technology will prevail as the industry standard — reflects the one constant American Honda’s VP of IT Bob Brizendine has confronted throughout his 36 years with the company: an ever-changing, winding road that never slows down.

Innovation 735

Innovation IT Knowledge Capital 735

Wink Intel

APRIL 3, 2023

Anyone connected to the life insurance industry knows that the number are Americans covered by life insurance has steadily declined for decades. The reasons behind that decline generated some sharp insights recently during a presentation at the National Association of Insurance Commissioners’ spring meeting in Louisville.

Sales 40

Sales 40

CIO

NOVEMBER 16, 2023

As an insurance company, we are quite data rich, so how do we take that rich data and convert it into valuable insights at scale, at speed, at the fingertips of our decision-makers? As we look at the future of insurance, new risks are emerging. Customers are demanding and expecting a more digital approach to the insurance.

Advantage 734

Advantage Advantage Benchmarking Innovation 734

Wink Intel

APRIL 10, 2023

A coalition of insurance industry and healthcare leaders have formed a non-profit organization to help global insurers screen, test, and triage members to combat the baffling rise in excess mortality. Excess mortality, defined as more deaths than normally expected, rose during the pandemic with estimates of 16.8

Globalization 40

Globalization 40

Wink Intel

MARCH 28, 2023

State insurance regulators are finishing up an industry survey to learn how home insurers are using artificial intelligence and machine learning. Next up, a similar survey of life insurers will be sent to 192 companies on Friday, March 31, said Kevin Gaffney, commissioner of the Vermont Department of Financial Regulation.

Intelligence 40

Intelligence Intelligence Learning 40

CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion. “If

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Loss Predictive Analytics Security Security 528

Smart Data Collective

JUNE 29, 2021

One of the industries most affected by data technology has been the insurance sector. In order to appreciate the role of big data in insurance, it is necessary to look at its historical context. Insurance may sound like a boring business, but in reality, it is the most interesting part of the economy. Insurance and data.

Business 323

Business IT Algorithm Gaming 323

CIO

DECEMBER 7, 2023

Along the way, business leaders in every industry have been scrambling to develop their generative AI strategies, address potential risks, and figure out the best next action while trying to stay one step ahead of the competition. Where will the biggest transformation occur first? First, it is clear that generative AI will transform business.

Finance 393

Finance Banking Technology Technology 393

Wink Intel

FEBRUARY 22, 2023

com , a life settlement consulting firm, recently launched a new version of its life expectancy calculator , explicitly tailored to the life insurance industry. residents with life insurance policies. The questions were designed to measure the key conditions that impact individuals with life insurance. ATLANTA , Feb.

Algorithm 40

Algorithm Education Security Security 40

CIO

DECEMBER 18, 2023

This is relevant for their clients in industries with large multi-cloud and hybrid cloud environments such as financial services, insurance, and healthcare, where IBM has a strong presence and could allow them to accelerate the delivery of vertical AI solutions in those markets,” he added. Silver Lake secured a 93.3%

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Value Chain Technology Technology Globalization 620

Wink Intel

FEBRUARY 20, 2024

The complementary nature of our solutions will enable us to better serve carriers, distributors, and consumers, expanding our reach as we build the modern rails of the insurance industry. Ebix”), a supplier of software solutions.

IT 40

IT Globalization Capital Win 40

Wink Intel

SEPTEMBER 13, 2022

life/annuity (L/A) insurance industry increased by 62% in the first half of 2021, rising to $20.9 8, 2022, representing an estimated 99% of total industry premiums and annuity considerations. Total income in the L/A industry rose 3.2% Total expenses for the industry grew 4.6%, largely due to a $12.2 OLDWICK, N.J.–(

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Capital Loss Globalization Management 75

CIO

AUGUST 19, 2022

The traditional in-person process of insurance agents meeting with prospective customers to discuss policies, sign paperwork, and load it into the company’s client/server system came to a complete halt. Because we are an insurance company, what we are is a promise on a piece of paper,” says then-CIO Richard Gilbert. “We

Innovation 582

Innovation Technology Technology Learning 582

CIO

FEBRUARY 16, 2024

This can be particularly challenging in heavily regulated industries such as healthcare, insurance, and finance. By collaborating with a CSP, CIOs can gain access to technical and industry knowledge they need to navigate the complexity of bringing their technology stacks fully into compliance.

Innovation 805

Innovation Security Security Finance 805

CIO

OCTOBER 13, 2022

Yet one way to simplify transformation and accelerate the process is using an industry-specific approach. As part of their partnership, IBM and Amazon Web Services (AWS) are pursuing a variety of industry-specific blueprints and solutions designed to help customers modernize apps for a hybrid IT environment, which includes AWS Cloud.

Airline 574

Airline Travel Security Security 574