TechCrunch

SEPTEMBER 30, 2022

Recent data from reinsurance company Swiss Re suggests that extreme global weather events cost insurers $101 billion last year , apparently only the third time since 1970 this figure has surpassed $100 billion. ” Startups to the rescue?

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Big Data Data Construction Energy 233

CIO

NOVEMBER 1, 2024

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.

Generative AI 158

Generative AI Technical Advisors Insurance Weak Development Team 158

N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

Insurance 167

Insurance Artificial Inteligence Recruiting Leadership 167

CTOvision

DECEMBER 8, 2016

Big data is a buzz term in many industries, but many people still do not understand the concept of it. Data analysis tools can benefit any company, and new tools are being invented every year. Big data can benefit small businesses and multinational companies. Gaining Information from Unstructured Data.

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Big Data Data eLearning Analysis 126

TechCrunch

NOVEMBER 28, 2022

Igloo develops its insurance products and then partners with insurers who underwrite their policies. Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It distributes its insurance products through partnerships, and is partnered with over 55 companies in 7 countries.

Insurance 236

Insurance Artificial Inteligence Policies Artificial Intelligence 236

Altexsoft

MARCH 16, 2021

In this article, we will explain the concept and usage of Big Data in the healthcare industry and talk about its sources, applications, and implementation challenges. What is Big Data and its sources in healthcare? So, what is Big Data, and what actually makes it Big? Let’s see where it can come from.

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Big Data Healthcare Applications Data 116

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Another historic example is crop and livestock insurance in Germany in the 1700s.

Insurance 97

Insurance Data Analytics Industry 97

TechCrunch

SEPTEMBER 20, 2022

Despite representing 10% of the world’s GDP, the tourism industry has been one of the last to embrace big data and analytics. Zartico is keenly positioned to lead the technical transformation due to the rapid pivot towards the use of high-frequency big data sets to provide situational awareness.” or to places.”

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Tourism Travel Technical Review Big Data 240

The Crazy Programmer

MARCH 15, 2021

It is used in developing diverse applications across various domains like Telecom, Banking, Insurance and retail. Go is a flexible language used to develop system and network programs, big data software, machine learning programs, and audio and video editing programs. This can be used in both software and hardware programming.

Programming 317

Programming Open Source Trends Quality Assurance 317

TechCrunch

MAY 25, 2021

May 27 Clubhouse chat: How to ensure data quality in the era of Big Data. Join TechCrunch reporter Ron Miller and Patrik Liu Tran, co-founder and CEO of automated real-time data validation and quality monitoring platform Validio, on Thursday, May 27 at 9 a.m. How to ensure data quality in the era of Big Data.

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Technical Review Development Team Review Software Review Weak Development Team 238

CTOvision

JANUARY 9, 2017

Big Data is a big business opportunity thanks to its transformative and disruptive nature. Every business, regardless of size, should understand the significant potential of big data if it has any goal of staying ahead of the competition in a world where the market is constantly changing. Brigg Patten.

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Big Data Data eLearning Analytics 78

Cloudera

APRIL 6, 2022

In healthcare , for example, doctors are starting to leverage ML for real-time analysis of data to improve medical care. As do many other industries , from retail and logistics to banking and insurance. . No matter what industry, organizations like yours are likely to encounter large amounts of streaming data too.

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Big Data Artificial Inteligence Data Machine Learning 103

Altexsoft

JUNE 14, 2021

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?

Insurance 88

Insurance Artificial Inteligence Machine Learning Policies 88

Newgen Software

SEPTEMBER 22, 2024

To evolve into the insurer of tomorrow, insurance has to transition from its reactive state of ‘identify and repair’ to a proactive ‘foresee and prevent’ approach. AI isn’t new in insurance with various use cases evident in processes like data forecasting, risk modeling, and claims handling.

Insurance 64

Insurance Artificial Inteligence Systems Review Technical Review 64

Altexsoft

APRIL 13, 2021

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Of course, not.

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Artificial Inteligence Machine Learning Insurance Technical Review 87

TechCrunch

MAY 9, 2022

By handling large amounts of data to analyze and benchmark lines of business, BI promises to help identify, develop, and otherwise create new revenue opportunities. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215

Analytics Business Intelligence Software Review Business Analytics 215

CIO

JUNE 7, 2022

It can be used to reveal structures in data — insurance firms might use cluster analysis to investigate why certain locations are associated with particular insurance claims, for instance. Data analysts and others who work with analytics use a range of tools to aid them in their roles.

Analytics 203

Analytics Data Analysis Business Analytics 203

CTOvision

JUNE 9, 2014

In the commercial world, Big Data and AI are closely related, with the most impactful AI being done by processing huge data sets and doing extreme learning against those data sets. A key examplesto consider is health insurance. Andreessen: It is pretty clear that businesses are way out ahead on this one.

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Artificial Inteligence Government Machine Learning Technology 101

TechCrunch

MAY 24, 2022

Over time, it has expanded its offerings and now also automates insurance policies for, and provides inventory financing, to its clients. . The move, in addition to offering cargo insurance, is part of Nowport’s goal to serve as a one-stop shop for the companies it serves.

Fintech 186

Fintech Insurance Artificial Inteligence Artificial Intelligence 186

TechCrunch

APRIL 14, 2022

CEO Ryan Anderson said that the proceeds will be put toward pursuing new market opportunities, specifically in the nonprofit, insurance, and public sectors, and “further evolv[ing] the [Filevine platform] to meet changing legal demands.”

Technical Review 257

Technical Review Tools Software Review Nonprofit 257

Cloudera

APRIL 7, 2021

Insurance carriers have a unique opportunity: They have access to powerful technologies and a wealth of information that can help them to better understand their customers and provide an enhanced customer experience. . In a March 2021 poll by Celent , “improving customer experience” was identified as the top focus (63%) for insurers.

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Insurance Analytics Exercises IoT 59

TechCrunch

APRIL 11, 2022

Those putting up the money for loans include banks like Barclays and HSBC, he said, as well as family offices and other big financial institutions such as insurance companies. “The risk management here is very different,” he added.

Banking 208

Banking Systems Review Technical Review SMB 208

Trigent

MAY 21, 2021

According to a recent poll, 54% of CIOs believe that insurance companies are resilient and will continue to remain so if they move quickly and decisively. Although this is not big breaking news, we have all witnessed how insurers have evolved in the last few years, to meet the changing requirements of policyholders.

Insurance 52

Insurance Trends Industry Technical Review 52

CIO

SEPTEMBER 20, 2023

With 90 years of history, Mapfre is one of the giants of the Spanish insurance sector. The personalization of services and products is going to be fundamental in the insurance sector,” she says, an aspect she’s spearheading, along with a commitment to data and AI. “The The third pillar of our strategy is data.

Cloud 148

Cloud Insurance Strategic Planning Strategy 148

CIO

JANUARY 19, 2023

The research, conducted by International Data Corporation (IDC) and commissioned by SUSE surveyed 838 respondents in 11 Asia/Pacific countries across a range of industries such as financial services and insurance, telecommunications, and government.

Open Source 205

Open Source Software Review Technical Review Enterprise 205

TechCrunch

FEBRUARY 18, 2022

Nous, which is pronounced to rhyme with ‘house’, talks in terms of building an “autopilot” for routine household decisions — which spans and scans energy, insurance, mortgages, broadband and other subscription services to monitor activity and steer households onto better deals. .

Energy 246

Energy Insurance Weak Development Team Technical Review 246

Hacker Earth Developers Blog

MARCH 5, 2019

Health insurance companies may find data capture by IoT-enabled wearables useful for detecting frauds and validating claims. The greatest benefit of IIoT is predictive maintenance i.e. it enables IIoT systems to gather real-time data, analyze it, and derive predictions on when machinery is likely to fail. Industrial IoT.

IoT 283

IoT Internet Applications Innovation 283

Trigent

SEPTEMBER 20, 2023

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

Insurance 52

Insurance Policies Technical Review Systems Review 52

Hacker Earth

MARCH 29, 2018

Like every other industry, the global insurance sector, worth over $5 trillion, has undergone an immense overhaul because of disruptive technologies in recent years. According to PwC’s 2017 Global InsurTech Report, the challenges the insurance industry faces in their ability to innovate are. Talent (87%). IT security (53%). Blockchain.

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Insurance Industry Technology Artificial Inteligence 48

CTOvision

APRIL 16, 2015

Like others in the insurance industry, XL has long relied heavily on data analysis to understand and price its products. Actuarial science itself is rooted in using historical data to understand future risk and uncertainty. Modest growth" is seen for P/C industry in 2010 (cheapautoinsurance.org).

Analytics 97

Analytics Insurance Survey Analysis 97

Apiumhub

OCTOBER 8, 2020

Accentuare has recently published a report, and more than 80 percent of insurers believe that innovation has to be present for businesses that want to remain relevant. Here are some technology-related investment suggestions that you can target and take your insurance business to another level. Trend #4 – Big Data Analytics.

Insurance 52

Insurance Trends Artificial Inteligence Industry 52

CIO

DECEMBER 7, 2022

Megan Duty, VP of technology and project delivery, Puritan Life Insurance Company of America. Puritan Life Insurance Company of America Some of the projected growth is due to new users; not everything is yet on the cloud. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.

Budget 199

Budget Technical Review Systems Review Software Review 199

TechCrunch

MARCH 9, 2022

“It was 2013, and we were doing work for large enterprises: banks, insurance companies, financial services and telcos,” he recalled. Bakstad and his co-founder Magnulf Pilskog came to the idea of starting Ardoq in the grand tradition of initially building a tool to fix their own problem.

Architecture 246

Architecture Enterprise Network Organization 246

O'Reilly Media - Data

SEPTEMBER 11, 2018

If we’re going to think about the ethics of data and how it’s used, then we have to take into account how data flows. Data, even “big data,” doesn’t stay in the same place: it wants to move. It can't control what an insurance company, or even a government agency, might do with that data: deny medical benefits?

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Data Backup Advertising Insurance 220

CTOvision

FEBRUARY 27, 2015

It reads in part: A Northern Virginia cyber security firm says it has uncovered links between Chinese government-sponsored researchers and the hack of health insurance giant Anthem. Analysis Big Data Cyber Security DoD and IC FBI The Washington Post threatconnect'

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Malware Big Data Insurance Government 111

CTOvision

FEBRUARY 26, 2014

“Our customers want a cyber security analytics capability that minimizes the time between network intrusion, discovery and recovery,” said John Burke, vice president of industry marketing for financial services, insurance, health and government, Teradata. “The About Novetta Solutions. Visit novetta.com for more information.

Analytics 102

Analytics Big Data Conference Malware 102

CTOvision

NOVEMBER 19, 2014

Simple “bench testing” of new systems will not suffice: companies must adopt a holistic approach that assumes a breach will happen and protects the data. Cyber crime analysis evolves away from brute force to big data. Cyber insurance usage grows while coverage and ability to successfully make claims shrinks.

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Trends Insurance Malware Banking 106