Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
CEO of Hawaii’s Largest Comp Provider Says to Embrace Predictive Analytics
Oct 3 2016 // Powered by InsuranceJournal.tv Getting employee buy-in may be the biggest key in getting a company to successfully adopt predictive analytics and other cutting-edge technologies, said Martin Welch, CEO of Hawaii Employers...
The Institutes Offers Insurance Data Analytics Designation
Sep 20 2016 // Insurance education provider The Institutes has launched an Associate in Insurance Data Analytics (AIDA) designation. The four courses leading to the designation provide an overview of advanced analytics and its...
Cat-Insurance Data Provider PERILS Expands Into Australia
Sep 13 2016 // PERILS, the independent Zurich-based company providing industry-wide catastrophe insurance data, has extended its market coverage to include Australia. PERILS now provides market-wide property sums insured that are exposed...
Tech to Detect Fraud
Jun 20 2016 // Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use of technology and data analytics. According to consulting firm KPMG, North...
What Do You Get When You Combine Drones and Self-Driving Cars?
Jun 20 2016 // That’s one small step for drones, and no steps needed for mankind. Autonomous drone transport for humans. Why not? We’re eventually getting autonomous cars so you don’t have to do the driving, and drones...
UMass Amherst Gets $15M From MassMutual for Data Science, Cybersecurity
Jun 14 2016 // The University of Massachusetts Amherst is receiving a $15 million donation to strengthen its data science and cybersecurity programs. The 10-year donation comes from the MassMutual Foundation, a charitable arm of the...
Companies Rely More on Tips Than Technology to Detect Fraud: KPMG
Jun 13 2016 // Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use of technology and data analytics. According to consulting firm KPMG, North...
What Do You Get When You Combine Drones and Self-Driving Cars?
Jun 9 2016 // Powered by InsuranceJournal.tv That’s one small step for drones, and no steps needed for mankind. Autonomous drone transport for humans. Why not? We’re eventually getting autonomous cars so you don’t have...
Federal Court Rules CGL Insurance Covers Data Breach
Apr 12 2016 // A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private medical records on the...
Aon Benfield Launches Global Reinsurer Trading Platform with Real-Time Data
Apr 5 2016 // Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, will launch on April 11 a global reinsurer trading platform called ABConnect Placements. Available for use with the July 1 renewals, ABConnect...
ISO to Collect Terrorism Insurance Data for Treasury
Apr 4 2016 // The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with gauging the effectiveness of...
Beazley Provides Data Breach Response Insurance in Canada
Mar 31 2016 // Beazley announced the launch of the company’s flagship Beazley Breach Response (BBR) product in Canada, which is data breach response insurance that protects the personal data of up to five million individuals per...
Atlas General Insurance Services, LLC Hires Jesse Mauser as Vice President of Data Analytics
Mar 29 2016 // San Diego, CA, March 29, 2016 – Atlas General Insurance Services, LLC, a national multi-line program administrator, welcomes Jesse Mauser as Vice President of Data Analytics. Mauser will provide comprehensive coverage of...
ISO to Collect Terrorism Insurance Data for Treasury
Mar 28 2016 // The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with gauging the effectiveness of...
State Lawmakers Seeking Ways to Grapple with ‘Big Data’ in Insurance
Mar 7 2016 // Insurance is about information. Outside of the technology industry itself, few sectors are better situated to seize the advantages of so-called “big data” than insurance. Such was the consensus of a panel...
U.S. Treasury Seeks Terrorism Data from Insurers
Mar 4 2016 // The U.S. Department of the Treasury’s Federal Insurance Office (FIO) is requesting that insurers voluntarily submit insurance data regarding their participation in the Terrorism Risk Insurance Program (TRIP). The...
P/C Insurers Expanding Use of Predictive Models, Big Data Across Functions
Mar 3 2016 // Over the next two years, many property/casualty insurers expect to advance their use of predictive analytics to both improve business performance and leverage big data, according to Willis Towers Watson, which adds that...
Supreme Court Blocks States from Collecting Self-Insurers’ Health Cost Data
Mar 1 2016 // The U.S. Supreme Court on Tuesday ruled that Vermont cannot compel health insurers to hand over data on the amount paid on medical claims, backing Liberty Mutual Insurance Co.’s contention that federal law prohibited...
Texas to Insurers: 2015 Policy Count Data Due March 1
Feb 17 2016 // The date for licensed insurance carriers, surplus lines companies and health maintenance organizations to submit policy count data for 2015 is approaching. Texas Department of Insurance is required by the state insurance...
IDT911 Enhances Data Breach Services for Commercial Insureds
Feb 16 2016 // IDT911 has enhanced its DataRiskStages data breach mitigation and remediation service for insurance companies and their commercial policyholders. The DataRiskStages platform has been enriched with three new features:...
