Consumers Want Insurance Innovation and Technology

This Week in Analytics: News

Customer engagement offers unique challenges for insurance, Survey: Disconnected data costs organizations $140B, Nonstandard Auto Loss Ratios Worst in Decade: A.M. Best, Key to workers’ compensation success: Adapt to changing environment, 5 ways for insurers to win over tech talent

Customer engagement offers unique challenges for insurance

For the last five or so years, industries ranging from financial services to retail have moved the term “customer engagement” from buzzword to broken record.
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Survey: Disconnected data costs organizations $140B

Organizations in the U.S. and U.K. are losing an aggregate $140 billion each year to disconnected data, according to a new study conducted by independent research firm Vanson Bourne and sponsored by data integration software provider SnapLogic. Read the full article…

Insurance Underwriter Among Professions Most Vulnerable to Automation: Study

The insurance underwriter profession is on the endangered list, ranking among the jobs most vulnerable to automation, says a new report from the Center for Business and Economic Research. Read the full article…

Key to workers’ compensation success: Adapt to changing environment

Do you remember the days when you had to make a trip to Blockbuster to rent a movie? Most kids now have no idea of that concept, thanks to streaming services like Netflix. Read the full article…

5 ways for insurers to win over tech talent

“Let’s face it,” he said. “When it comes to recruiting top talent, the brightest minds out there don’t necessarily consider insurance the industry of choice.” Read the full article…