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From legacy to lakehouse: Centralizing insurance data with Delta Lake

CIO

In 2025, insurers face a data deluge driven by expanding third-party integrations and partnerships. Specifically, within the insurance industry, where data is the lifeblood of innovation and operational effectiveness, embracing such a transformative approach is essential for staying agile, secure and competitive.

Insurance 164
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Why a data-first culture is key to unlocking value from AI in insurance

CIO

Data is the lifeblood of the modern insurance business. Yet, despite the huge role it plays and the massive amount of data that is collected each day, most insurers struggle when it comes to accessing, analyzing, and driving business decisions from that data. There are lots of reasons for this.

Insurance 197
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As Next Insurance makes its first acquisition, insurtech looks energetic

TechCrunch

Next Insurance , a startup that competes in the small business (SMB) insurance market, announced this morning that it has acquired its first company. Next Insurance raised $250 million earlier this year at a valuation of $2 billion , making it one of the richest startups to compete in the broad insurtech niche.

Insurance 319
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Planck, the insurance data analytics platform, raises $20M growth round

TechCrunch

Planck , the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth round. Planck said it currently works with “dozens of commercial insurance companies in the U.S.,” including more than half of the top-30 insurers. It will use its new funding to build its U.S.

Insurance 189
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Marsh McLennan IT reorg lays foundation for gen AI

CIO

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

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How AI orchestration has become more important than the models themselves

CIO

At EXL, we recently launched a specialized Insurance Large Language Model (LLM) leveraging NVIDIA AI Enterprise to handle the nuances of insurance claims in the automobile, bodily injury, workers compensation, and general liability segments.

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Data distilleries: CIOs turn to new efficient enterprise data platforms

CIO

In today’s data-driven world, large enterprises are aware of the immense opportunities that data and analytics present. Why data distilleries are a game-changer: Insights from the insurance industry Traditionally, managing data in sectors like insurance relied on fragmented systems and manual processes.