Liberty Specialty Markets has selected Luxembourg as the location for its post-Brexit EU base.
Bermudian (re)insurer Axis has struck a $604mn all-cash deal to acquire Novae, ending speculation surrounding Lloyd’s carrier’s future.
How time flies. It just seems like the other day the insurers taking the lead were those leveraging the “SMAC” constellation of technologies – social, mobile, analytics and cloud. Now, those approaches seem so… well, 2015.
Despite the growth in consumption and use of data, many organizations still struggle with their analytics efforts, complaining of poor data quality, insufficient expertise in-house and a shortage of trained data professionals in general.
Deep knowledge of artificial intelligence can be hard to come by, which is why large tech companies routinely poach the best minds from top universities to develop their products. The result is that the work of data scientists benefits one corporation instead of democratizing something that could benefit many.