Within emerging digital insurance enterprises, there are two types of IT teams. There are those who continue to work on the back-end legacy systems, performing updates, reinforcing security, beefing up storage, and figuring out better ways to enable end-user access to these systems.
Insurers are keen to adapt artificial intelligence in the enterprise, but first they must build up a layer of data and analytics excellence
Insurers plan to spend most of their technology budgets on data & analytics, cloud, and insurtech, according to new research from Celent.
The insurance industry is in the middle of a data and analytics arms race, with carriers building ever-more-powerful information systems in an attempt to manage risk better than their competitors.
Chief financial officers at insurance companies struggle with data quality and want more automation in order to speed up the process of closing books, according to EY’s annual survey of these professionals.