Network World

MARCH 8, 2020

Containers have emerged over the past several years to provide an efficient method of storing and delivering applications reliably across different computing environments. By containerizing an application platform and its dependencies, differences in OS distributions and underlying infrastructures are abstracted away.

Network 543

Network Insurance Applications 543

CIO Business Intelligence

FEBRUARY 20, 2025

Outdated software applications are creating roadblocks to AI adoption at many organizations, with limited data retention capabilities a central culprit, IT experts say. If the application itself is legacy, with bad code stored in different places, all sorts of problems can come from the app itself, he adds.

Cloud 270

Cloud Applications Insurance Data 270

Forrester IT

FEBRUARY 4, 2020

Insurers are spending billions of dollars to modernize claims management. Traditional insurance carriers such as China Pacific Insurance (CPIC) are investing in emerging technologies such as AI, which is among the top technologies to invest in for insurance companies in 2020.

Insurance 240

Insurance Company Artificial Intelligence Applications 240

CIO Business Intelligence

NOVEMBER 11, 2024

Global professional services firm Marsh McLennan has roughly 40 gen AI applications in production , and CIO Paul Beswick expects the number to soar as demonstrated efficiencies and profit-making innovations sell the C-suite. Enterprises are also choosing cloud for AI to leverage the ecosystem of partnerships,” McCarthy notes. “The

Cloud 344

Cloud Enterprise Enterprise Government 344

CIO Business Intelligence

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion. “If

Insurance 246

Insurance Artificial Intelligence Strategy Resources 246

CIO Business Intelligence

JULY 18, 2024

A Rocket Software survey found that over half (51%) of IT leaders rely on mainframe systems to handle all, or nearly all, core business applications. Mainframe security is critical to IT infrastructure, especially in industries like banking, insurance, healthcare, and government, where mainframes often store vast amounts of sensitive data.

Applications 312

Applications Security Development Open Source 312

CIO Business Intelligence

NOVEMBER 18, 2024

Traditionally viewed as rock-solid and steady, the insurance industry is not exactly associated with taking big risks. We’ve broken up a large entity that required people to wait in line and put delivery people working on applications, business process improvement, and fintech innovation back in the hands of the business.”

Insurance 336

Insurance Strategy Enterprise Enterprise 336

Forrester IT

JULY 14, 2022

On July 6, 2022, The Travelers Property Casualty Company of America (Travelers Insurance) filed a suit in Illinois Federal Court against International Control Services, Inc (ICS) asking for policy rescission and declaratory judgment against ICS.

Insurance 195

Insurance Policies Travel Authentication 195

CIO Business Intelligence

OCTOBER 20, 2024

The finalists are: Aboitiz Data Innovation Accountant-General’s Department EssilorLuxottica EtonHouse International Education Group Hong Kong Housing Society Income Insurance Nanyang Technological University To register your interest in attending the CIO100 ASEAN awards event, complete this application.

Banking 281

Banking Insurance Meeting Energy 281

CIO Business Intelligence

DECEMBER 19, 2024

The insurance company decided to migrate from on-premises BMC Remedy to cloud-based BMC Helix ITSM and Discovery. The companys more recent adoption of BMC ServiceOps has transformed change management processes and IT services management (ITSM) success for his organization.

Change Management 245

Change Management Insurance Artificial Intelligence Devops 245

Network World

JULY 31, 2024

“Cloud now dominates tech spending across infrastructure, platforms, and applications,” Eileen Smith, group vice president of Data & Analytics at IDC said in the report. Capital markets, life sciences, and insurance are expected to see the fastest growth in cloud spending through 2028, each boasting a CAGR of around 23%.

Cloud 435

Cloud Artificial Intelligence Healthcare Insurance 435

CIO Business Intelligence

NOVEMBER 1, 2024

These ensure that organizations match the right workloads and applications with the right cloud. It offers oversight capabilities that exceed the requirements of industry bodies like the Payment Card Industry Data Security Standard, Health Insurance Portability and Accountability Act, and Europe’s General Data Protection Regulation. “At

System 264

System Enterprise Enterprise Vmware 264

CIO Business Intelligence

APRIL 2, 2025

The SAP Business Technology Platform offers in-memory processing, agile services for data integration and application extension, as well as embedded analytics and intelligent technologies. The API-based open architecture also enables partners and customers to flexibly and continuously expand their IT landscape.

System 269

System SAP Licensing Architecture 269

Forrester IT

DECEMBER 3, 2019

Insurance digital and application teams are executing their digital roadmap and commercializing their new thinking faster than ever before. Digital is now the essence of how customers engage and how carriers and agents operate. The result?

Insurance 195

Insurance Company Meeting Applications 195

CIO Business Intelligence

OCTOBER 20, 2023

Most companies’ digital journeys begin by migrating legacy applications to the cloud — the theory being that lifting and shifting workloads can provide a fast onramp to making good on services and capabilities unique to the cloud. But home and automobile insurance company Allstate is taking a different approach.

Cloud 340

Cloud Insurance Applications Policies 340

CIO Business Intelligence

FEBRUARY 7, 2025

Chris Selland , Partner at TechCXO, agrees that automating repetitive tasks should be a basic application of AI but stresses that such low-hanging fruit is just the beginning. Tom Allen , Founder of the AI Journal, asserts the insurance industry is a ripe field for increasing the value of customer interactions.

Insurance 232

Insurance Tools Data Analysis 232

Forrester IT

OCTOBER 5, 2022

New Principal Analyst joins Forrester in the areas of financial service, focusing on insurance and data, AI, and ML.

Insurance 39

Insurance Meeting Financial Data 39

CIO Business Intelligence

MARCH 11, 2025

The firm says some agentic AI applications, in some industries and for some use cases, could see actual adoption into existing workflows this year. Agentic AI is best applicable for business processes that have dual approaches of programmatic and manual tasks intertwined within a single process, Iragavarapu says.

How To 318

How To Examples Data Enterprise 318

Forrester IT

NOVEMBER 12, 2016

AD&D pros can embed this engineered knowledge in applications to solve complex problems that are generally associated with human expertise. For example, large insurers have used knowledge engineering to represent and embed the expertise of claims adjusters to automate the adjudication process.

Artificial Intelligence 408

Artificial Intelligence Insurance Engineering Journal 408

Network World

JUNE 13, 2024

In the cyber world, this translates to performing lateral propagation to gain access to crown-jewel applications. Stage 4: This is when the thieves make their getaway with large sums of money, which is just like how cybercriminals steal large volumes of data from these crown-jewel applications that they can then use to commit extortion.

Banking 393

Banking Insurance Malware Trends 393

CIO Business Intelligence

DECEMBER 9, 2024

Likely use cases for agentic AI In practical applications, agentic AI is emerging in various fields such as autonomous vehicles, automated trading systems, and healthcare and natural sciences, where they will be programmed to perform tasks, make choices and interact with their environment in a way that mimics human agency.

Healthcare 246

Healthcare Analysis Examples Insurance 246

CIO Business Intelligence

MARCH 5, 2025

While its potential is broad, that makes it difficult to pinpoint its practical applications in specific industries. These specialized AI models are trained on domain-specific data, building on the EXL Insurance LLM that supports critical claims and underwriting tasks. Domain-specific LLMs: EXLerate.AI

Artificial Intelligence 214

Artificial Intelligence Insurance Enterprise Enterprise 214

CIO Business Intelligence

JANUARY 21, 2025

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. Before gen AI, speed to market drove many application architecture decisions.

CTO Hire 356

CTO Hire Fractional CTO Strategy Government 356

Forrester IT

APRIL 22, 2019

Over the past few years, drones have transitioned from military-only applications into a strategic asset that is transforming a range of industries such as construction, real estate, insurance, and agriculture.

Real Estate 296

Real Estate Security Insurance Construction 296

CIO Business Intelligence

JANUARY 21, 2025

Perhaps one of the most anticipated applications of AI in cybersecurity is in the realm of behavioral analytics and predictive analysis. For example, attackers recently used AI to pose as representatives of an insurance company. These AI-powered cyber-attacks are no longer a potential threattheyre a very real and present danger.

Security 306

Security Tools Artificial Intelligence System 306

CIO Business Intelligence

MARCH 12, 2025

However, if you work with Office 365 and other Windows-based applications, Microsofts Azure is the better choice. In the product development scenario mentioned above, for example, a Windows application in Azure triggers a Lambda service in AWS that performs the desired calculations. This requires cross-platform technologies and tools.

Cloud 179

Cloud Applications Web Services Open Source 179

CIO Business Intelligence

AUGUST 21, 2024

From insurance to banking to healthcare, organizations of all stripes are upgrading their aging content management systems with modern, advanced systems that introduce new capabilities, flexibility, and cloud-based scalability. In this post, we’ll touch on three such case studies. It’s enabled us like a force multiplier.

Case Study 278

Case Study Study Enterprise Enterprise 278

CIO Business Intelligence

MAY 28, 2022

Liberty Mutual’s cloud infrastructure runs an array of business applications and analytics dashboards that yield real-time insights and predictions, as well as machine learning models that streamline claims processing. The insurer also uses Amazon Sage Maker to build machine learning models, but the core models are based on Python.

Cloud 363

Cloud Insurance Applications Data 363

CIO Business Intelligence

MAY 8, 2024

On behalf of insurance carriers, pharmacy benefit managers, and other healthcare payers, Expion negotiates prices with pharmacies and medical practices based on volume discounts and other factors. The new application also allows employees to check its work, he adds. “In In the past, anybody could make a mistake easily.

Insurance 277

Insurance Healthcare Applications Artificial Intelligence 277

CIO Business Intelligence

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Company 321

Company Insurance Agile Artificial Intelligence 321

CIO Business Intelligence

DECEMBER 30, 2024

Take for example the use of AI in deciding whether to approve a loan, a medical procedure, pay an insurance claim or make employment recommendations. Multi-model routing Not to be confused with multi-modal AI, multi-modal routing is when companies use more than one LLM to power their gen AI applications.

CTO Hire 354

CTO Hire Software Development Software Software 354

CIO Business Intelligence

APRIL 23, 2024

To illustrate, some examples: Applications portfolio rationalization : The most fundamental guiding principle of technical architecture management is to fill each required service exactly once. An unrationalized application portfolio, and for that matter poor rationalization of the other architecture layers, creates, in a word, “risks.”

Insurance 290

Insurance Architecture Artificial Intelligence Applications 290

Network World

MARCH 24, 2017

On the other hand, the decentralized, encrypted public ledger could have a wealth of applications in healthcare, Kane says. These include streamlining the resolution of insurance claims, management of internet of things medical devices and providing granular privacy settings for personal medical data.

Security 283

Security Healthcare Insurance Internet 283

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

Insurance 116

Insurance Policies Financial Industry 116

Forrester IT

MARCH 24, 2021

Check out how banks and insurers in APAC benefit from NLP. Many solutions have already adopted technologies we introduced in AI 2.0.

Insurance 273

Insurance Banking Financial Applications 273

CIO Business Intelligence

JANUARY 25, 2024

Other promising use cases for generative AI banking chatbots include guiding customers through loan applications, suggesting new financial products, advising on mortgage and debt repayment, and helping credit analysts by offering suggestions on loan underwriting. That is projected to reach $4.5 trillion, according to McKinsey.

Industry 264

Industry Insurance Banking Retail 264

CIO Business Intelligence

DECEMBER 9, 2024

Respondents represent 12 industries, among them banking, investment and insurance, manufacturing, automotive, retail, healthcare and the public sector. Of these respondents, 98% had direct authority or influence over GenAI buying decisions. More than 90% of CIOs and CTOs are reviewing their network architecture due to the demand for GenAI.

Research 189

Research Report Automotive Industry 189