Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
AXA Strategic Ventures Invests in ‘Big Data’ Startup Company, Evercontact
Apr 9 2015 // AXA Strategic Ventures* has made a $1 million investment in the French tech startup company Evercontact, a cloud service that extracts contact information in emails and shares and updates them automatically. With more than...
IBM’s ‘Internet of Things’ Unit to Offer Insurers Online Data Service, Analysis
Apr 3 2015 // IBM is investing $3 billion to build an “Internet of Things” division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to help...
It’s Time for Open Data in Insurance
Apr 2 2015 // The National Association of Police Organizations is a non-profit group that represents and serves police officers, police unions and local police associations. The National Association of Insurance Commissioners is a...
UK Regulator to Review Insurers’ Use of Big Data and Dark Pool Risks
Mar 24 2015 // Conflicts of interest in dark pools and how insurers use big data are two of the main areas the U.K. Financial Conduct Authority will look into over the next year, the regulator said in its annual business plan. The FCA...
Insurance Department: 1-in-3 Missourians Impacted by Anthem Data Breach
Feb 24 2015 // The Missouri Department of Insurance reported it received new information from Anthem that shows one-in-three Missourians’ personal information was compromised during a recent cyberattack on the health insurer. More...
Use of Data and Analytics in Workers’ Compensation
Feb 12 2015 // In the workers’ compensation space, not only have claim costs increased because of medical issues, but the landscape has also become much more complex. Along with the elevated incidence of fraud, economic fears, and...
States Begin Investigating Insurer Anthem’s Data Breach
Feb 6 2015 // Several U.S. states are investigating a massive cyber attack on No. 2 U.S. health insurer Anthem Inc that a person familiar with the matter said is being examined for possible ties to China. Anthem disclosed the attack...
Construction Insurance Trends to Watch in 2015
Jan 21 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
Construction Coverage: Emerging Trends for 2015
Jan 12 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
CoreLogic: Taking Big Data Analytics to New Customers and Consumers
Dec 2 2014 // Imagine an insured taking a photo of a property that gives underwriters every bit of information they need to assess the risk. CoreLogic is working to make that happen sooner rather than later. CoreLogic, a provider of...
Global Car Insurers Offer Discounts – If They Can Monitor Driving Data
Dec 2 2014 // Insurance companies around the world are promising lower rates on car coverage. The catch is they want to install the equivalent of an airplane’s black box to track how and where you drive. Smartphone applications...
Big Data: It Isn’t Just for Carriers
Nov 5 2014 // This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry has...
Big Data: It Isn’t Just for Carriers
Oct 20 2014 // This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry has...
How Brokers Use Big Data
Oct 20 2014 // ‘Data enables us to be customer-centric, enhancing the customer experience by personalizing every touch point specific to that customer. We are able to discern behavior patterns, build behavioral models based on...
Duperreault, Reardon and Deutsch Lead Hamilton Re into the ‘Data Analytics’ Future
Sep 22 2014 // If you’re going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you’re doing. Fortunately Bermuda-based Hamilton Re would seem to pass muster. Firstly,...
Reinsurance Rendez-Vous: Data Tools Help Identify Risks
Sep 18 2014 // Insurance companies are increasingly turning to “big data” from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles, according to reinsurers...
Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Jun 18 2014 // Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an...
Patent Risk, Insurance Firm RPX Eyes Supplier of Patent Owner Data
Jun 11 2014 // Patent risk management company RPX Corp. is in advanced talks to acquire litigation data provider PatentFreedom, three sources familiar with the deal said, a move that highlights the growing importance of services for...
West Virginia Takes Down All Business Files After Insurance Agent’s Data Disclosed
Jun 4 2014 // Secretary of State Natalie Tennant’s office has removed all business filings from its website after one displayed an individual’s Social Security number. Tennant told WCHS-TV that the image displaying the...
How Technology Is Revolutionizing Insurance Distribution: Swiss Re
May 15 2014 // Technology is changing the way insurers and consumers interact and giving insurers access to considerable data so they can better understand their customers, says Swiss Re in its latest sigma study. The study concludes...
