Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
South Carolina Issues Emergency Order to Insurers, Updates Hurricane Florence Data Call
Oct 1 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation Sept....
John Hancock Will Only Sell Interactive Life Insurance with Fitness Data Tracking
Sep 19 2018 // John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable...
South Carolina Issues Hurricane Florence Data Call, Emergency Order to Insurers
Sep 17 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation...
Lloyd’s Modernization Plans Move Full-Steam Ahead
Sep 17 2018 // From Electronic Placing to Artificial Intelligence: Lloyd’s America CEO Earlier this year, this reporter was walking on Lime Street, the home of Lloyd’s of London, dodging raindrops. She observed a broker,...
South Carolina to Hold Info Session on New Insurance Data Security Law
Sep 7 2018 // The South Carolina Department of Insurance will hold an information session Monday, Sept. 10, on the South Carolina Insurance Data Security Act for state insurance licensees. According to a media release, it will address...
South Carolina Insurer Data Security Law Should Be Nationwide Role Model
Sep 5 2018 // In October 2017, the National Association of Insurance Commissioners (NAIC) adopted the Insurance Data Security Model Bill, also known as the NAIC “Model Law.” NAIC’s Model Law seeks to establish a...
Rebranding and Embracing Change to Thrive in the Future of Work
Sep 3 2018 // The wave of innovation has taken the insurance industry by storm, forever changing organizations, processes and people alike. Risk management telematics are calculating accurate policies for underwriters, big data is...
Insurance Data for Sale in China – Despite Strict Data Protection Laws
Aug 23 2018 // When William Zhang’s car insurance was about to expire in March, he didn’t need to look far for renewal options. In the two months before the policy was up Zhang received calls almost daily from insurers trying...
Experian’s Hickman Joins Marsh as Global Head of Data Science Unit
Aug 22 2018 // Global insurance broker Marsh has appointed Andrew Hickman as global head of Data Science within its broader Digital, Data and Analytics Practice. In this newly-created role, Hickman is responsible for advancing...
How, Why and Where Insurance Agencies Should Use Data Analytics
Aug 22 2018 // As the data insurance agencies and brokerages continues to grow, agency managers are faced with having to answer how, why and where they can successfully analyze and use all of this data. The answer to the...
ACORD Launches Data Toolkit for London Market Reinsurance, Big Commercial Risks
Aug 17 2018 // ACORD, the global standards body for the insurance industry, has launched an Adoption Toolkit to support the application of data standards for global reinsurance and large commercial risks in the London market. “The...
Why Not Just Retrain Pedestrians to Make Self-Driving Vehicles Safer?
Aug 17 2018 // You’re crossing the street wrong. That is essentially the argument some self-driving car boosters have fallen back on in the months after the first pedestrian death attributed to an autonomous vehicle and amid...
New AI Programs Can Learn How to Beat Best Cyber Defenses
Aug 10 2018 // The nightmare scenario for computer security – artificial intelligence programs that can learn how to evade even the best defenses – may already have arrived. That warning from security researchers is driven...
Did Big Data Enable Lloyd’s to Predict France’s World Cup Win? Well, Maybe…
Jul 16 2018 // Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they were – with a 4-2 win against Croatia on Sunday. Interestingly, Lloyd’s also predicted...
Analytics as an Answer to Strategic HR Management
Jul 16 2018 // It is hard to imagine modern human resources management without analytics. A growing emphasis on productivity and employee engagement has inspired organizations to collect and analyze workforce data. As young professionals...
Analytics Advice for Agencies How, Why and Where Agencies Should Use Data Analytics
Jul 16 2018 // The data insurance agencies and brokerages possess is ever-growing. Thus, agency managers need to be able to answer how, why, and where they can successfully analyze and use all of this data. The answer to the...
UK Regulator Warns Insurers, Banks About Responsible Use of Customers’ Big Data
Jul 12 2018 // Britain’s banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on...
Robots Portend Grim Future for Working Class: Viewpoint
Jul 6 2018 // Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared: “The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and...
Planck Re, a Commercial Insurance Data Platform Startup, Raises $12M
Jul 6 2018 // Planck Re, a commercial insurance data platform startup, nailed down $12 million for its first formal financing. Arbor Ventures led the round, which also included Viola FinTech and Eight Roads. Plans call for the company...
California’s Data Privacy Law a Concern, Opportunity for Insurance Industry
Jul 3 2018 // California is on track to have what will be the nation’s most far-reaching law to give consumers more control over their personal data. The new law may be both a big concern, as well as a new and important...
