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Insurance IT leaders benefit from the use of simple, meaningful metrics to communicate the value of technology investments to business peers.
With the rapid changes in technology-enabled capabilities, just keeping tabs on what has become “table stakes” or the “new normal” for Life/Annuity/Benefits insurers has become a full-time job.
At Novarica’s recent Special Interest Group for regional P&C insurers, held in Boston on June 25th, the CIOs and other technology executives in attendance discussed many pressing trends in the insurance industry: cyber security, agent facing technology, core systems transformations, the use of analytics and predictive models.
With the recent publication of Novarica’s Analytics and Big Data at Insurers report, it’s time to take an honest look at the state of big data in the industry.
With the release of Novarica’s new Business & Technology Trends: Individual Annuity report, I wanted to highlight a few trends which our research uncovered in this blog.
Ten Statistics About Social Media, Mobile, Analytics, Big Data, Cloud and Digital Technologies in Insurance for 2015February 20, 2015
It can be hard for Property & Casualty and Life/Annuity insurers to sort the hype from reality when it comes to areas like social media, mobile, analytics, big data, cloud, and digital capabilities.
Enterprise Data Initiatives Now Taking Center Stage as Insurers Look to Improve their Digital and Analytical CapabilitiesJanuary 23, 2015
With insurance carriers of all sizes and lines of business focusing on improving their digital and analytical capabilities to meet customer expectations, the importance of enterprise data has never been greater.
As I was preparing a blog post on technology trends for 2015, I came across Chris McMahon’s article in INN, “Top 5 Tech Trends for 2015”.