Aviva is eyeing acquisitions in artificial intelligence and big data as it looks to overhaul the insurance industry and transform itself into a fintech firm.
Tag: Big data
Insurers are consuming an ever-increasing amount of data from internal and external sources in their quests to more accurately price risks. But that’s putting a lot of pressure on underwriters.
Organizations continue to pour money into big data and analytics to better understand customers, but in many cases there remains a large gap between customer expectations and what organizations are really providing.
State insurance commissioners don’t want to stand in the way of insurtech innovations, four regulators agreed during a panel discussion at the Global Insurance Symposium this week.
The topic of artificial intelligence is dominating discussions of data management this year. But while a growing number of organizations are interested in AI, many don’t fully understand what the technology can do to help boost their customer engagement or the bottom line.