analytics and data News

Confessions of a Diehard Insurance Data Fan: Part 2

After Bill Pieroni, the CEO of ACORD, delivered a presentation about ACORD’s latest study, “Intelligent Growth: Intent, Decisions, Outcomes,” he sat down with Wells Media’s Andrew Simpson to talk about winning carrier strategies. Pieroni, who discussed carrier growth and profit …

How ‘Intelligent’ Insurers Grow and Create Value: ACORD Study

Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then there are the “intelligent growers”—those that succeed at both, not only growing but also creating value. Intelligent growers— that’s the …

Confessions of a Diehard Fan of Insurance Data: Part 1

If Bill Pieroni were a Major League Baseball executive, he would be one of those sabermetric types like Oakland’s Billy Beane, heralded by the book “Moneyball.” His team’s manager would have spreadsheets on an iPad, and his team would use …

XL Catlin Appoints Karna as Chief Data Officer

XL Catlin has announced the appointment of Dr. Henna A. Karna as chief data officer, reporting to XL’s chief platform officer, Myron Hendry. Karna has more than 20 years’ experience leading data-driven, digital innovation and positive disruption within the insurance …

Auto Makers Seek to Limit Data Sharing with Tech Partners

Carmakers are limiting the data they share with technology partners Apple Inc and Google Inc through new systems that link smartphones to vehicle infotainment systems, defending access to information about what drivers do in their cars. Auto companies hope that …

Big Data: It Isn’t Just for Carriers

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 …

ImageCat Teams with CoreLogic for Data Analysis to Reduce Underinsurance

US and London-based risk management company ImageCat has flowed up its successful launch of “inhance” with a new partnership with the global property information, analytics and data services provider CoreLogic, which it said would “allow re/insurers to reduce significantly the …