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

CIO Business Intelligence

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 329
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Health Insurers: It’s Time for Better

Forrester IT

This event revealed widespread negative views of health insurers: stories of coverage denials, care delays, and medical bankruptcy spread across social media. Understandably, health insurers have […] Like so many others we were dismayed by the murder of UnitedHealthcare CEO, Brian Thompson.

Insurance 307
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The Insurance Industry’s Data Posture Is An Existential Risk

Forrester IT

Insurers collect a wealth of data, but only a few have found ways to harness its true potential. Most insurance business and technology leaders have very low confidence in their data assets ability to meet customer and competitive demands.

Insurance 221
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Four Themes Will Shape The Future Of Insurance

Forrester IT

The future of insurance is here. Insurers can no longer wait on the sidelines. The game for who wins the hearts and wallets of tomorrow’s insurance customer. That’s my view and I am sticking to it. You must get in the game. What game you ask? Your competitors (think Amazon, Tesla, and Lemonade) give consumers […].

Insurance 544
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Data Science Fails: Building AI You Can Trust

AI has the power to transform countless industries — including the healthcare, banking, insurance, and public service sectors, to name just a few — by introducing new efficiencies and revealing new opportunities for companies to solve problems.

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Does Cyber Insurance Drive Up Ransom Demands?

Information Week

The ransomware market continues to boom, and some stakeholders believe cyber insurance adds fuel to the fire.

Insurance 512
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Services You Should Expect From Your Cyber Insurance Provider

Information Week

Cyber insurance is a novel service -- and clients still don’t know what they should expect. Experts tell us what premium cyber insurance firms are offering and what you should plan on securing for yourself.

Insurance 545