Cloudera

JANUARY 27, 2022

Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. I have been researching more about how we can use the new data from those devices to design more innovative insurance products while being aware that these should all be contingent upon customer opt-in.

Insurance 85

Insurance IoT Risk Data Processing 85

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 100

Risk Optimization Management Insurance 100

CIO Business Intelligence

MARCH 16, 2022

Insurance companies are no longer only there for their customers in times of disaster. Modern approaches to insurance and changes in customer expectations mean that the insurance business model looks very different than it used to. For many insurers, this means investing in cloud.

Insurance 105

Insurance Cost-Benefit Data Processing Strategy 105

IBM Big Data Hub

FEBRUARY 1, 2024

In a recent post , we outlined the pitfalls of self-hosted authoritative Domain Name System (DNS) from the perspective of a start-up or midsize company piecing together a DIY system using BIND DNS or other open source tools. Theory vs. reality These are all valid reasons to self-host your DNS at scale—at least in theory.

Data Processing 81

Data Processing Enterprise Cost-Benefit Insurance 81

Smart Data Collective

MARCH 7, 2021

There are a lot of ways companies are using new advances in machine learning and other data technologies to mitigate the risks of cyberattacks. Cybersecurity Insurance. Cybersecurity insurance can help you tremendously. It’s the same as traditional insurances. VPN & Secured Hosting. Passwords or Passphrases?

Big Data 136

Big Data Insurance Data Processing Software 136

Cloudera

SEPTEMBER 7, 2023

With AI, financial institutions and insurance companies now have the ability to automate or augment complex decision-making processes, deliver highly personalized client experiences, create individualized customer education materials, and match the appropriate financial and investment products to each customer’s needs.

Insurance 83

Insurance Risk Data-driven Finance 83

CIO Business Intelligence

MAY 28, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 145

Insurance Machine Learning Digital Transformation Cost-Benefit 145

CIO Business Intelligence

JANUARY 9, 2025

Responsible AI: Balancing innovation and risk The rise of generative AI has put a mirror in front of companies, showing them the work they have to do to strategically leverage their data. Theres a checklist on what you should be asking them, so theres the risk education as well, she says.

Risk 90

Risk Business Driver Data-driven Strategy 90

CIO Business Intelligence

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

Insurance 128

Insurance Digital Transformation Interactive Sales 128

Smart Data Collective

MAY 7, 2023

Some of them are: Business formation documents Employment records Business asset records Tax returns and supporting documents Sales receipts Ledgers and registers Leases or mortgage documents Shareholder meeting minutes Bank and credit card statements Licenses and permits Insurance policies and records Loan documents.

Insurance 135

Insurance Cost-Benefit Measurement Data Processing 135

CIO Business Intelligence

JULY 13, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk. We all know the drill. .

Insurance 98

Insurance Risk Marketing Data Processing 98

IBM Big Data Hub

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

Insurance 53

Insurance Digital Transformation Risk Management Interactive 53

Smart Data Collective

NOVEMBER 9, 2021

Big Data is the Key to Addressing Driver Safety Risks. They have accumulated a lot of data on their drivers and are using it to help address these kids of risks. Fortunately, the same era of big data technology that brought the devices creating these risks could also bring the solutions to them. What is Distracted Driving?

Big Data 140

Big Data Manufacturing Risk Insurance 140

CIO Business Intelligence

FEBRUARY 27, 2023

Italian insurer Reale Group found itself with four cloud providers running around 15% of its workloads, and no clear strategy to manage them. “It It was not a result we were seeking, it was the result of reality,” said Marco Barioni, CEO of Reale ITES, the company’s internal IT engineering services unit.

Cost-Benefit 143

Cost-Benefit Insurance Enterprise Optimization 143

Cloudera

JUNE 22, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk. We all know the drill. .

Insurance 83

Insurance Risk Marketing Data Processing 83

CIO Business Intelligence

MAY 27, 2022

Eight years ago, McGlennon hosted an off-site think tank with his staff and came up with a “technology manifesto document” that defined in those early days the importance of exploiting cloud-based services, becoming more agile, and instituting cultural changes to drive the company’s digital transformation.

Insurance 98

Insurance Machine Learning Digital Transformation Cost-Benefit 98

CIO Business Intelligence

APRIL 5, 2022

IBM did not create a complicated, latency-prone, memory-starved co-processor that would have to be connected to the host and get its own access to memory. Others include identifying tax fraud or insurance claim fraud; federated learning in retail, allowing the sharing of AI models without exposing sensitive data; and loan approval.

Insurance 134

Insurance Risk Data Processing Modeling 134

CIO Business Intelligence

JUNE 26, 2023

Between the host of regulations introduced in the wake of the 2009 subprime mortgage crisis, the emergence of thousands of fintech startups, and shifting consumer preferences for digital payments banking, financial services companies have had plenty of change to contend with over the past decade.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

SEPTEMBER 13, 2022

Insurance companies also see Infinidat as a storage vendor of choice. One that has spoken out publicly, like Salem Five, is Clientèle Life Insurance, a well-respected insurance company in South Africa. Clientèle Life Insurance reduced risk by choosing Infinidat as its storage solution provider.

Enterprise 97

Enterprise Insurance Cost-Benefit ROI 97

bridgei2i

MAY 20, 2020

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. To give a brief introduction, he has over two decades of experience in Analytics, Big data and AI delivery across banking and financial services, commercial finance, insurance, e-commerce, retail, and supply chain.

Enterprise 98

Enterprise B2B Digital Transformation Insurance 98

CIO Business Intelligence

SEPTEMBER 29, 2022

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. On the role of the Chief Data Officer: Due to the nature of our business, Travelers has always used data analytics to assess and price risk. Watch the full video below for more insights.

Machine Learning 134

Machine Learning Insurance Technology Software 134

Cloudera

NOVEMBER 16, 2022

I recently had the privilege of attending the CDAO event in Boston hosted by Corinium. Tracks represented financial services, insurance, retail and consumer packaged goods, and healthcare. Or play defense — manage risk for the organization? Or play defense — manage risk for the organization?” . Change agents.

Insurance 81

Insurance Cost-Benefit Metrics Measurement 81

CIO Business Intelligence

JUNE 22, 2022

AssuredPartners is a full-service insurance broker providing commercial insurance, risk management, and employee benefits. The company, which has more than 8,500 employees, plans to continue growing by acquisition, and consolidating the global insurance market. Are the platforms with SaaS providers or hosted in-house?

IT 105

IT Insurance Cost-Benefit Risk Management 105

CIO Business Intelligence

JULY 22, 2024

He worked with one insurance company that in 2023 made such a move, driven specifically by the desire to have a firm hold on its regulated data, for example. And he has seen some respond by moving workloads from the cloud back to on-premises data centers, a move they feel gives them better control over costs and privacy standards.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

AUGUST 29, 2023

Today’s AI narrative At the “ The Two Faces of AI ” Digital Solutions Gallery hosted by the College of Engineering at The Ohio State University, I asked the 100-plus executives in attendance, “Is your organization ‘normal’ with regards to its treatment of AI?” Pivoting to value AI — which comes in many shapes and sizes — is a powerful tool.

Insurance 105

Insurance Digital Transformation Data Processing Enterprise 105

IBM Big Data Hub

SEPTEMBER 14, 2023

insurance, banking, healthcare, etc.)—to insurance underwriting, claims processing, payment processing, fraud detection, medical data processing, etc.) On IBM Cloud, enterprises with insurance and banking workloads often follow the VPC-based reference architecture from IBM Cloud for Financial Services.

Insurance 70

Insurance Data Processing Enterprise Risk Management 70

Cloudera

MAY 6, 2021

Risk Mitigation. Risk mitigation is an esoteric topic in articulating the value of multi-cloud strategies given the different risk exposures of single-cloud deployments that depend on a host of reasons, including industry context and the potential impacts to different business domains e.g., cybersecurity, client-facing systems, etc.

Strategy 92

Strategy Cost-Benefit Optimization Risk 92

IBM Big Data Hub

MAY 28, 2024

Government regulations, such as the General Data Protection Regulation (GDPR), and industry regulations, such as the Health Insurance Portability and Accounting Act (HIPAA), oblige companies to protect their customers’ personal data. Data risk management To protect their data, organizations first need to know their risks.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Data Science 98

Decision Management Solutions

MARCH 25, 2021

Organizations in highly regulated industries like healthcare, finance, insurance, and energy are constantly wrestling with how to balance risk and profitability. Hosted by our ace decision modeler, Charlotte DeKeyrel, in this webinar she will show you how it’s done in the real world and share feedback from real clients.

Modeling 52

Modeling Data Processing Insurance Finance 52

CIO Business Intelligence

OCTOBER 13, 2022

Too often IT initiatives are undertaken solely as technical projects, with only loose affiliation with line-of-business stakeholders, ushering in the risk of drifting too far from the overall goals and business objectives of the organization. Hosting the entire infrastructure on-premise will turn out to be exorbitant,” he says.

ROI 132

ROI IT Sales Consulting 132

CIO Business Intelligence

AUGUST 15, 2023

A risk-limiting audit (RLA) is one audit type used for election verification. The Behavioral Health Acuity Risk (BHAR) model leverages a machine learning technique called random forests, which can be natively hosted in the electronic health record and updated in near-real time, with results immediately available to clinical staff.

IT 98

IT Manufacturing IoT Cost-Benefit 98

BizAcuity

JULY 26, 2021

The hybrid cloud option gives the privilege to organizations to host their core, business-critical, and sensitive data on their private(on-premise servers) while shifting the remaining data and applications to the public cloud. Improved security and risk management. Reduced costs . Cons of moving to Hybrid cloud.

IT 52

IT Cost-Benefit Data Processing Risk 52

Mark Raskino

OCTOBER 1, 2017

It’s certainly doable – for example Apple relies on Samsung and Netflix is hosted on Amazon’s cloud services – but it’s something you have to manage actively and carefully. Very few are in a position to build their own world class cloud datacenters but they can reduce the strategic dependency risks.

Strategy 66

Strategy B2B Insurance Data Processing 66

bridgei2i

JULY 28, 2020

Today, I will be the host for our podcast, AI to impact, which covers everything about digital and AI, featuring some remarkable thought leadership, expert point of views and commentaries from a gamut of industry leaders. Listen Now Insurance is among the most-affected industries of the novel Coronavirus. Transcript. Not just that.

Enterprise 98

Enterprise Digital Transformation Insurance B2B 98

CIO Business Intelligence

JUNE 7, 2023

Scout for leadership potential outside the usual venues CIOs who step away from their offices and regularly interact with IT team members tend to be best positioned to discover hidden talent, says Santhosh Keshavan, CIO at finance, investment, and insurance company Voya Financial.

IT 98

IT Finance Enterprise Insurance 98

Smart Data Collective

DECEMBER 13, 2019

The Health Insurance Portability and Accountability Act (HIPPA), Payment Card Industry Data Security Standard (PCI DSS), Sarbanes-Oxley Act (SOX), and General Data Protection Regulation (GDPR) are all good initiatives. Emphasize Protection for Risk Points. The following ten steps help to make your cybersecurity data-centric.

Insurance 70

Insurance Risk Data Processing Big Data 70