Data Analytics

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How Telematics Improve Fleet Safety

By

Julie Lawton

Within the fleet industry, the most common cause of crashes is distracted driving, which injured more than 420,000 drivers and killed 3,142 people in the U.S. in 2020 alone,
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Part 2: The (Re)rise of Insurtech

By

Ian White

Insurtech 2.0 recognizes the innovators who came before but takes a more nuanced and collaborative approach, recognizing the structural issues inherent in insurance.
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Part 1: Insurtech 1.0: A Post-Mortem

By

Ian White

The legacy of Insurtech 1.0 may be more enduring than the actual companies. They forced incumbents to recognize their intransigence, producing a new focus on customer experience.
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Can Insurers Connect to the Connected Car?

By

Donald Light

Auto insurers have a strategic imperative to not be left behind in the race to monetize connected car data, and there are several ways insurers can do this.

Editor's Picks

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Part 1: Insurtech 1.0: A Post-Mortem

By

The legacy of Insurtech 1.0 may be more enduring than the actual companies. They forced incumbents to recognize their intransigence, producing a new focus on customer experience.

Chairs in a corporate meeting room

How to Say Yes to Corporate Innovation

By

Based on two decades as a consultant, executive and entrepreneur, I see three patterns that get in the way: Spinning Plates Syndrome, the Department of No and Zombie Resurrection.

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3 Paths for Insurtechs in 2023

By

Future leaders will master the skill of harnessing data-driven insights to focus on prevention first, instead of indemnification.

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New Cyber Threats Are Emerging

By

While ransomware still dominates among cyber threats, business email compromise incidents are on the rise, and geopolitical hostilities could spill over into cyberspace.

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The Defining Factor in Underwriting Success

By

Kirsten Mitchell-Wallace

Richard Clarkson

if an insurer grasps the granularity of their data assets, this facilitates outperformance in other areas.

'Coretech' Can Help Incumbents Compete

By

"Coretech" addresses issues with legacy infrastructures, which were designed to be product-centric, and allows for a focus on the customer.

Why SaaS Is Key in Core Systems

By

Jonathan Boylan

To fully leverage cloud technology, decision-makers must understand the nuances of cloud-agnostic software models and SaaS platforms.

Science of Insurance Being Put to the Test

By

New pricing rules loom in the U.K., which make understanding the complexities and behaviors of customer segments more important.

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Better Analytics = Better Decisions

By

Innovative technology can provide instantaneous access to better, more comprehensive data on a single platform.

Balancing Digital With Compliance

By

Insurers need to balance digital transformation efforts with increasing compliance requirements. Data ownership can help with both.

Achieving a 'Logical Data Fabric'

By

Saptarshi Sengupta

A logical data fabric has the capacity to knit together disparate data sources in insurers' broad, hybrid universe of data platforms.

Benchmarks, Analytics Post-COVID

By

Kimberly George

The pandemic introduced several variables that question the validity of actuarial models and benchmarks.

Six Things

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The End of Globalization?

By Paul Carroll

Following many decades where globalization ruled, corporations will be reversing their globalization efforts for at least the next decade and likely far longer.

Part 1: Insurtech 1.0: A Post-Mortem

The legacy of Insurtech 1.0 may be more enduring than the actual companies. They forced incumbents to recognize their intransigence, producing a new focus on customer experience.

1

Part 2: The (Re)rise of Insurtech

Insurtech 2.0 recognizes the innovators who came before but takes a more nuanced and collaborative approach, recognizing the structural issues inherent in insurance.

2

How Will Electric Cars Affect Insurance?

Electric vehicles are more difficult and costly to repair or replace compared with gasoline vehicles, but the issues will fade over time. 

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Electric Vehicles: A Use Case for UBI

EVs bring to light some potentially interesting implications on auto insurance. They could represent a prime use case for a new type of embedded usage-based insurance policy.

4

Underwriting Enters a New Age of Data

96% of insurer executives see personal lines underwriting undergoing significant changes within five years – remarkable given the shifts that have already occurred.

5

Will Medical Inflation Hit Workers' Comp?

While medical inflation in workers' comp has remained moderate for the past decade, the recent spike in consumer prices has elevated concerns.

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What’s Next for Insurtech?

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Global Insurance Forum Experts Series 2022

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An Interview with Bryan Davis

By

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Personal Lines Channel Strategies

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Business Interruption Loss Trends

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Empowering the Underwriter of the Future

By

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How Telematics Improve Fleet Safety

By

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