Technology & Analytics
Towers Watson Releases UBI Auto Insurance Model
Towers Watson has launched DriveAbility 2.0 Score, an analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific ...
The Challenges Around Big Data and the Lessons to Be Learned
The hype around big data is focusing ever more attention on insurers' data management and analytics capabilities. Analysis of data, creation of predictive models and the ability to take action based ...
Nearly One-Quarter of Insurance Consumers Would Buy Cover from Amazon, Google: Accenture
Two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying from online service ...
Top 2014 P/C Trend: Investment in Mobile Agent Tech Lags as Carriers Focus on Gen Y
Mobile strategies focused on Gen Y customers and personal lines innovations will shape the plans of property/casualty insurance carrier management teams in 2014, but at least one of these approaches ...
Integrating Reinsurance Management System with Core Systems Reduces Risk
Insurers' numerous intricate reinsurance contracts and special pool arrangements, countless policies, and arrays of transactions create a massive risk of having unintended exposure. Inability to ...
The Race to Secure High Impact Analytics Talent
Big data is making a huge impact on the insurance industry and fueling this red-hot talent market. As an insurance industry megatrend, analytics impacts every aspect of an insurance organization: IT, ...
BYOD: Benefits and Risks of Personal Mobile Devices in the Insurance Workforce
Cyber crime continues to be among the world's fastest growing criminal threats. This poses a challenging decision for companies considering adoption of the "bring your own device" (BYOD) trend, where ...
Designing a UBI Program to Fit Your Business Strategy
Usage-based insurance (UBI) for auto is often presented as a "one size fits all" solution to insurers' business problems. Tiny telematics devices that can be installed in policyholders' vehicles ...