IT Infrastructure
Articles
Library: InsurTech Digital – How global insurance payments are going green in the cloud
Executive summary : Phillip McGriskin, CEO of global insurance payments provider firm, Vitesse, talks about how insurers are using the cloud for green payments Since the early days...
Library: Hannover Re – The changing relationship between insurers and insurtechs
Executive summary: How do we define insurtechs as the sector changes and expands? Insurtech is a very broad term nowadays. We commonly think of insurtechs as companies that offer ...
Library: IIR – OWIT Global: Filling technology gaps with microservices-based insurance solutions
Executive summary: OWIT Global, based in West Hartford, Connecticut in the USA, is a provider of insurance solutions built on microservices technology that fills technology gaps in...
Vlocity mix cloud ancestry and secret blueprints to build an insurance business on Salesforce.com
Salesforce.com has become the de facto standard for customer relationship management systems (aka CRM). In a technology market that has experienced a seismic shift towards software...
Enabling transformation in insurance through digital collaboration
Introduction This article is a companion to, “Digital Collaboration in Insurance”, a primer on collaboration tools and their benefits, the trends driving their adoption, and ...
Digital Collaboration in Insurance
Introduction In today’s world, customers, employees and organisations are much more connected and this is clearly changing the way they do
Actuarial Models meet the cloud – a perfect marriage?
This article discusses the benefits of migrating actuarial models to the cloud. The cost of actuarial modelling has been rising In the early 1980’s, life insurance company ...
Celent on IT insurance spending : Robust growth expected in Asia
Celent issued a report earlier in the year providing global perspective on IT spending in the insurance industry. The Digital Insurer was provided a copy of the report and has ...
Aflac Partners with VUE to consolidate distribution process
Aflac, a leading provider of supplemental insurance in the US (covers risks that major medical insurance doesn’t cover) has deployed VUE’s distribution management suite...
7 Essentials for a Successful Cloud-First Transformation
Article Synopsis : Cloud in the enterprise is no longer just a sandbox for developers, or a sneaky backdoor way for business units to get more IT resources fast. IT leaders ...
A new era in insurance – Cloud computing – Accenture Report
Article Synopsis : Cloud computing has experienced tremendous growth recently and is increasingly being adopted by insurers. Looking at its immense potential, insurers should ...
Aviva Ally Launches for Commercial Insurance Brokers
Aviva Canada announced the launch of Aviva Ally, a solution that provides commercial insurance brokers with a variety of ways to submit their small business insurance applica...
AXA – achieving digital transformation objectives through Fast IT
The insurance industry, as a heavily regulated and complex field, has proven to be particularly resistant to change. Additionally, offline distribution and outdated IT system...
AXA accelerates payer-to-partner strategy with acquisition of Maestro Health
AXA has acquired Maestro Health, a Chicago-based US health benefit administration digital company for a total consideration of US$155m. It will operate as a 1...
AXA launches Shared Services Centre in Manila; creates up to 300 IT jobs
AXA has established a shared services centre in Asia as a part of its digital transformation journey. The centres will be based in Philippines and Malaysia.
The new sh...
AXA signs multi-year agreement with Oscar Health
Oscar has entered into a multi-year quota-share reinsurance transaction with AXA’s International Employee Benefits (IEB) division. The partnership comes...
AXA turns insurance-as-a-service into reality
AXA Singapore has launched an insurance-as-a-service API to make it easier for digital channels to integrate their products. This is in response to the Monetary Authority of ...
Briisk – Insurance API – 4 great Use Cases of API empowered Insurance
Executive summary : The insurance industry has struggled to adopt technological innovation and digitally transform. Many insurers rely on centralised legacy systems with huge ...
Cap Gemini : Simplify your journey to the cloud
Article Synopsis : In order to harness the business opportunities hidden in going digital, insurers across Asia need to build a digital transformation framework based on software,...
Click2Sure re-imagines insurance distribution
Click2Sure is a South African based B2B2C platform that distributes specialised annex insurance (protection insurance as an add-on or bundled into a purchase) at point of sal...
Cloud as Rainmaker – Accenture Infographics
Article Synopsis : As insurers change the way they do business one common enabler emerges: Cloud. Insurers are reaping substantial cost savings and flexibility gains – both ...
Cloud Computing in Property & Casualty Insurance – Capgemini
Article Synopsis : Given the potential benefits of cost saving, agility, efficiency and scalability, there is a compelling case before insurers to leverage the potential of cloud...
Enigma Raises Another $95M to Bridge the Gap Between Data and Business Decisions
Enigma is a New York a data-as-a-service startup enable organizations to make sense of their internal data and leverage real world data signals. To facilitate its idea, Enigm...
Cognizant: Digital Enterprise Architecture: Four Elements Critical to Solution Envisioning
Executive summary The digital revolution continues to transform our world. Mobility is rapidly ascending as sensor and actuator capabilities bring intelligence to devices of all ...
Delivering on the Promise of Digital Transformation – Harvard
Article Synopsis : Emerging technology trends dictated by the empowered omni-channel customers are prompting insurers to take a more proactive approach towards managing their IT ...
GEICO improves efficiency and enhances customer experience with Duck Creek
Geico is best known in the U.S for its direct marketing and tailored property insurance policies. However, increasing competition from online platforms such as Goji and Metro...
Generali strikes strategic technology partnership with Google
Generali and Google have entered into a strategic partnership aimed to disrupt the traditional insurance industry. The move will create and innovate a cloud-based platform of...
Seguros Monterrey New York Life Pitch – LIVEFEST 2018 North America Insurance Innovation Awards
Watch Jorge Alvarado, IT Transformation Manager, Seguros Monterrey New York Life talk about the focus on transformational projects for migration of Data Centers. Seguros ...
Digital reinvention – Trust, transparency and technology-IBM
Article Synopsis : The transformative impacts of social media, mobile technology, analytics and cloud drive a new technological lifecycle requiring the reinvention of markets, ...
TDI Webinar Aug 2018 – Technology Infrastructure for Global Insurers
The Technology Infrastructure for Global Insurers webinar was held on 29 August 2018. The agenda includes: Technology Infrastructure for Global Insurers Accelerating Business ...
Human API – Health Data Aggregation platform
Human API is a data aggregation platform that aggregates, stores and abstracts data from mobile devices, wearable sensors, and other internet enabled data sources. The servic...
Facing the digital “big bang” – BCG Technology Advantange Oct 2015
Article Synopsis : Digitisation continues to reshape the business world and technology excellence is a critical differentiator with the growing pool of digital customers. The ...
Fact finds in the digital era
In this article Brian Hannan, an experienced life distribution specialist, explores the history of digitisation of fact-finding and explains why tablets are the ideal medium for ...
Global risk management survey, 11th edition
Article Synopsis : In recent years, financial institutions improved their risk management programmes in order to manage market, credit, and liquidity risk. Non-financial risk is ...
Grid Computing at Scale for Financial Services
Article Synopsis : This whitepaper from Amazon Web Services explores the massive potential of grid computing in Financial Services (FS) including known challenges and potential ...
Future Trends 2018 – Majesco
Article Synopsis : Insurance 2.0—an increasingly borderless marketplace where partnerships with InsurTechs, MGAs, reinsurers, distribution channels and even other insurers is ...
How Cloud Computing will Transform Insurance – Accenture
Article Synopsis : The success stories of cloud computing across so many industries have compelled insurers to capitalise on the benefits that cloud offers. In the report ...
Munich Re to reshuffle value chain, move closer to the customer
Munich Re, the German reinsurer is endeavoring to move closer to its customer. The plan is to leverage technology and digitize the existing value chain to sim...
Patra Corp Continues Strong Investment in InsurTech With New Product Launches and Corporate Acquisition
Patra corporation has launched a cloud-based repository and delivery system called CertVault which helps to secure and streamline the delivery insurance policies. It has also...
Insurance Tech Trends 2012 – Elevate IT for digital business – Deloitte report by Mark White and Bill Briggs
Article Summary : With the recent advancement in cloud computing, mobility, social media, and big data techniques, the most important lever for future growth will be tied to the ...
Insurance Thought Leadership – Insurtechs’ role in transformation
Executive summary : Given the nature of insurance, and the possibilities that data analytics and technology offer, there should be little doubt that the industry is moving toward ...
Sell policies online via Particeep plug based on API Rest
Particeep – one of France’s top InsurTechs according to Le Radar Assurtech 2018 of Olivier Wynam & policendirekt – enables banks, insurance companies, asset m...
T&D Life Group leverages Swiss digital health technology
In Japan, T&D Life Group is partnering with Dacadoo, a Swiss digital health platform company to develop digital life insurance solutions.
Dacadoo operates a compre...
ZhongAn Online Embarks Global Technology Empowerment Journey Expanding Insurance Boundary
In HK, Zhong An has announced the launch of a new core insurance system called Graphene which will enable insurance companies to synergize their their channels within a week,...
Zurich working with Apple on new broker app
In Q4 of this year, Zurich and Apple will jointly launch a broker app in the UK. The app has been integrated with Zurich systems to automatically supply useful information ab...
Library: Sollers Consulting – The pandemic is pushing insurers to the cloud
March 2021 featured report: You won’t be surprised to hear that insurance is something of a laggard when it comes to digital transformation. We tell you this all the time, but ...
Oxbow Partners InsurTech Impact 25 2018
Article Synopsis : This year has been transitional for InsurTech. The proof of concept is no longer enough for executives – they want to see execution and results. As a ...
Rather than fear the disruptive potential of insurtechs, commercial insurance executives should view them as a catalyst for digitisation
Article Synopsis : Commercial insurance executives are well aware of the benefits of digital but face several obstacles. Bigger companies are slow to adopt and adapt because ...
The Drive to Digitization in Insurance – SMA white paper
Article Synopsis : As digital technology evolves, smart cloud-based software and applications are making paperless transaction a reality. Paperless transactions are growing in ...
The Digital Insurer – Capabilities Needed – Capgemini
Article Synopsis : Today’s customers evaluate product, service and delivery quality against the competitive benchmark of digital customer experience. To survive in the new ...
The progressive cloud: A new approach to migration
Article Synopsis : Migrating apps and data to public-cloud platforms can be tricky. Companies can ease the transition with hybrid-cloud configurations that progressively combine ...
Transforming Legacy Systems to Adopt Emerging Tech – RapidValue
Article Synopsis : Fast-changing industry dynamics and higher customer expectations create mounting pressure on insurers to pursue major technology as well as business process ...
Why Mobile Backend-as-a-service (MBaaS) Now – Cognizant Insight
Article Synopsis : Rapid adoption of smart phones and mobile devices is putting renewed pressure on carriers to embrace mobility as a key component of their business model. While...
Reimagining road safety with Sentiance’s AI-driven ...
Reduce the risk of car accidents and save lives. Understand and learn how Sentiance's on-device AI solution quickly detects high-impact crashes, checks if you're okay, and initi...
Snowflake acquires Neeva
Up until four days ago, Neeva wasn’t on a viable path to creating a sustainable business.
Insurers harness cloud power and reduce tech debt
Accenture’s Shay Alon discusses how life insurers are benefiting from the power of cloud while also reducing technical debt. Read more.
Insurity to Provide Sure Claims Payments as a Standalone ...
Sure Claims Payments now comes with the new Express Launch capability enabling insurance organizations to launch digital payments in as little as four weeks.
Paymentus Launches New Guidewire Marketplace App to Enhan...
Users of Guidewire Marketplace’s BillingCenter are now able to access Paymentus’ new, Ready for Guidewire accelerator.
Atain Selects Sapiens to Automate and Modernize P&C ...
The insurer sought to upgrade its legacy technology to support greater speed to market to better manage product rollout and enable rapid growth expectations.
Modernize Insurance Payments with Paymentus’ New Guidewir...
SAN MATEO, Calif. & REDMOND, Wash.--(BUSINESS WIRE)--#Guidewire--Guidewire (NYSE: GWRE) and Paymentus Holdings, Inc. (Paymentus) (NYSE: PAY) announced that Paymentus’…
Google Cloud Announces New Foundation Models
Users with a Google Cloud account can access Chirp, PaLM 2, Embeddings API, and Generative AI Studio.
Mitchell expands support for EVs
Mitchell has signed a data licensing agreement with Rivian.
Guidewire Celebrates Powerful Momentum of its PartnerConn...
Guidewire promotes eight Solution partners and welcomes six Insurtech Vanguards into PartnerConnect Solution Alliance ProgramSAN MATEO, Calif.--(BUSINESS WIRE)--#Guidewire--Guid...
SAP and Google Cloud Expand Partnership to Build the Futu...
SAP SE and Google Cloud announced an extensive expansion of their partnership, introducing a comprehensive open data offering
Executive Perspective: Policy Administration Systems for ...
When should a carrier stick with a policy administration system that's the wrong choice for employee benefits or change to a proven PAS? Consider these ideas
Majesco Spring 2023 Product Release
Majesco Product Releases. Learn more about our platform's new features, enhancements and innovations to help you build the future of insurance.
Everest Group recognizes FINEOS as a Leader in Group Life...
ATLAN
Mitchell Expands Support for EVs Through Agreement with O...
Enhancements to Mitchell Cloud Estimating include features that directly address the design and construction differences between EVs and internal combustion engine-powered autom...
Teradata Operationalizes Artificial Intelligence (AI) Mod...
Teradata announced the integration and general availability of Google Cloud’s Vertex AI with Teradata VantageCloud and ClearScape Analytics,
ATMECS Global Inc. Partners with Insurity to Rapidly Impl...
CTI and bdt global partner
Partnership struck between CTI and bdt global to integrate omnichannel portfolio with CTI's software and SaaS capabilities for the insurance sector
Ambac Financial Group Establishes Modern Foundation with ...
The New York-based holding company sought a modern foundation for its Cirrata Group distribution division, using Majesco, Policy, Billing and Digital1st.
Provident Insurance have selected ICE InsureTech to accel...
Provident Insurance have selected ICE InsureTech to accelerate their transformation plans
NeuralMetrics Joins Google Cloud Marketplace To Deliver A...
Property and casualty insurers can quickly integrate NeuralMetrics to evaluate commercial risks and accelerate precise policy quotes
Cloud Seeding Catching on Amid Rocky Mountain Drought
Garrett Cammans and his brothers sometimes don't talk about their toughest moments on the job in the cloud seeding business, like the time when one of
Insurity Becomes the Largest Cloud Software Vendor Servin...
Hollard Insurance Selects Supercede Reinsurance Platform
Hollard piloted the platform in autumn 2022 and saw its ability to collate and process large amounts of underlying insurance data for presentation to reinsurance markets.
Majesco Announces Spring ’23 Release
The update includes new capabilities across all Majesco offerings, including the Intelligent Core Suite for P&C and L&AH.
FCCI Modernizes Claims Operations Through Cloud Migration...
FCCI will be able to process claims quicker, automate claims adjustments and deliver a superior customer experience.
Industry Veteran Ken Shapiro to replace retiring Liza Smi...
Liza Smith moves into a senior advisory role for the foreseeable future, with Shapiro joining OneShield and assuming the role of CRO.
Majesco Launches Spring ’23 Release, Ushering in a ...
Majesco's Intelligent Core Suites for P&C and L&AH deliver embedded Data & Analytics capabilities, driving productivity and business growth.
HSBC goes digital to extend secured-lending product
The bank makes Lombard lending, a form of credit for the very wealthy, available to the mass affluent.
Core, Cloud and Data: Digital Transformation at Voya Fina...
Voya’s initiatives show how digital transformation is a continuum from back office to front, and how building a solid technology foundation speeds the creation of capabilities t...
Game Changing Strategies Execution Reveal Insurance Leade...
Morristown, NJ – April 13th, 2023 – Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today
Duck Creek Technologies achieves Dominant Provider status...
Duck Creek Duck Creek Technologies achieves Dominant Provider status for its policy administration solution by Aite-Novarica . We are a leading provider of comprehensive P&C ins...
AI in Transportation, Energy & Environmental Quality...
AI is capturing the attention of transportation executives all around the world, whether it is through self-driving cars.
Majesco L&AH Core Suite Named Dominant Provider in A...
Morristown, NJ – April 6th, 2023 – Majesco, a global leader of cloud insurance platform software for insurance business transformation, announced today
Guidewire Announces AWS, Celonis, Google Cloud, and Hubio...
Google Cloud, Celonis, Hubio, and Amazon Web Services have joined the Guidewire PartnerConnect Solution Alliance Program as new data partners.
Atomic Named To Guidewire Insurtech Vanguards Program
SALT LAKE CITY--(BUSINESS WIRE)--Atomic, a market-leading provider for payroll connectivity, announced that the company has joined Guidewire’s Insurtech Vanguards…
Guidewire Announces Latest Cloud Release: Garmisch
Guidewire Garmisch boosts insurance product design, speeds integrations, and expands commercial lines offerings.
How Insurers Can Scale by Switching From Legacy to Cloud-...
The industry has entered the Rapid Connection Age—where insurers can connect an ecosystem of technologies quickly and easily—carriers have the opportunity to experience faster g...
What is open insurance? Tech versus data sharing
The insurance industry is still working out how to share consumer data, but more examples are emerging in Asia.
Vista Equity Partners Completes Acquisition of Duck Creek...
Duck Creek Vista Equity Partners Completes Acquisition of Duck Creek Technologies . We are a leading provider of comprehensive P&C insurance software and services for insurers ...
Vista Equity Partners Completes $2.6B Buy of Duck Creek T...
Duck Creek Technologies on March 30 announced the completion of its acquisition by Vista Equity Partners in an all-cash transaction valued at
Vista Equity Partners Completes Acquisition of Duck Creek
Duck Creek’s CEO says the firm is now better positioned to support and accelerate the industry’s transition to the cloud while continuing to deliver a best-in-class customer exp...
Lumera’s AxyLife digital platform chosen by pension fund
Lumera’s AxyLife digital platform has been chosen by Dutch pension fund to modernise and automate its policy administration
Vista Equity completes Duck Creek acquisition
In an all-cash transaction valued at approximately $2.6 billion.
Guidewire Awards Latest Group of PartnerConnect Consultin...
SAN MATEO, Calif.--(BUSINESS WIRE)--#Guidewire--Guidewire (NYSE: GWRE) announced that 10 specializations have been awarded to six Guidewire PartnerConnect Consulting…
Pega Cloud Enhancements Improve Speed, Scalability, and A...
Pegasystems the low-code platform provider empowering the world's leading enterprises to Build for Change,announced updates toPega.
Reduce Cloud Data Risks by Locating and Identifying Sensi...
Much of the data in the cloud is unstructured and highly vulnerable to cyber threats. Unstructured data can include anything from emails.
Insurity Partners with Attestiv to Provide AI-Powered Aut...
Google Cloud support enhances CAPE risk analytics
Company's analysis of weather risks for properties to benefit from Google geospatial information
Guidewire’s VP of Digital on transformation and cul...
At Insurtech Insights, Guidewire's Global Vice President for Digital, Arjun Mathai, explained why culture is so important to nurturing transformation
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