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Exigen Adds Mobile Capabilities to Core System Suite
At the annual IASA education conference and business show in Indianapolis, Exigen Insurance Solutions (EIS) announced the addition of EIS Mobility, a set of mobile capabilities, across the company’s...
View ArticleCB Insights Reports Huge Increase in Insurance Industry Investment in Start-Ups
(Image source: CB Insights.) When technology evolution is moving faster than insurance carriers can run, the best course is often to simply invest in or acquire a company that has developed the...
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Insurers Need the Same Creativity that Got Apollo 13 Back to Earth—Cigna CIO
(Cigna CIO Mark Boxer on stage at PegaWORLD in Orlando, Fla.) To illustrate the spirit of innovation needed in the insurance and healthcare industries, Mark Boxer, executive VP and CIO, Cigna...
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Insurance of the Future: Prevention, not Reaction – SAP Exec
(Photo of St. Paul’s Cathedral, City of London, location of SAP’s Financial Services Forum. Photo credit: Mark Fosh.) As the world moves deeper into the “digital age” and the Internet of Things...
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IT/Strategy Alignment Checklist: 3. Learn What Is Available
(Image credit: Dollar Photo Club.) With an understanding and assessment of the existing technology, a company’s leadership must familiarize itself with the emerging technology trends that are...
View ArticleThe Internet of (this changes) Everything—The Insurance Industry Included
(Image credit: Dollar Photo Club.) Let me state it plainly: the Internet of Things (IoT) will completely transform the insurance industry as we have known it. In fact it has already begun to do so—if...
View ArticleLIMRA CEO: Respond to Disruption with Differentiation, Customer Engagement
(Robert A. Kerzner, president and CEO of LIMRA. Courtesy of LIMRA.) The forces of consumerization and new online competition are disrupting the ways insurers have traditionally operated, but insurers...
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IoT Can Conquer the Insurance Industry’s Greatest Challenges—Conference Report
(Delegates attending the Insurance IoT USA Conference in Miami, Fla.) The Internet of Things (IoT) gives insurers a once-in-a-lifetime opportunity to create differentiated products, according John...
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Wearables and the IoT: More Bang Than Bling?
(The MICA: My Intelligent Communication Accessory. Credit: Collier Schorr for Opening Ceremony and Intel.) It’s generally agreed that technology advances are moving quickly. Ignoring the need to...
View ArticleThree Avenues for Insurance Industry Transformation: Part I, From...
(Depiction of collision avoidance technology in Volvo’s self-driving cars. Source: Volvo.) One of the key words in the insurance industry in 2015 was “disruption,” and though different people hold...
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MLC Deploys BCA’s COVALENCE for Australia’s First Wearables-driven Wellness...
(Intel’s Basis Peak device is one of the data sources used within MLC On Track. Source: Intel.) MLC, the wealth management division of the National Australia Bank Group (Melbourne) has launched the MLC...
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John Hancock Rewards Vitality Policyholders for Healthy Eating
(Chef Tom Colicchio appeared at a publicity event at NYC’s Grand Central Station. Source: John Hancock.) John Hancock (Boston) has expanded the John Hancock Vitality solution by adding the HealthyFood...
View ArticleWearable Technology in Workers’ Comp: Taking the Great Leap Forward
(Scanadu Scout vital sign monitor. Source: Scanadu.) Until recently, wearables have been largely used by consumers to track fitness activity. But wearables are gaining traction in the area of injury...
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UnitedHealthcare, Qualcomm Integrate Wearables with Motion Wellness Program
(Fitbit Charge 2 is the newest device integrated and validated with Qualcomm’s 2net platform. Source: Fitbit.) UnitedHealthcare (Hopkins, Minn.) and Qualcomm Incorporated (San Diego), through its...
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Striiv and LifeQ Partner on Wearable Body Monitoring Platform
(Striiv Fusion device. Source: Striiv.) Striiv (Redwood City, Calif.) and LifeQ (Alpharetta, Ga.) have announced a partnership to jointly develop a wearable-based personalized health information...
View ArticleHow Augmented and Virtual Reality Can Impact the Insurance Industry
(Image source: screenshot of MetLife conVRse virtual customer service application.) Augmented Reality (AR) and Virtual Reality (VR) are both nascent, revolutionary technologies making inroads into...
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MākuSafe Closes on $1.25M Funding for Wearable/Workplace Safety Platform
(Photo illustrating the evolution MākuSafe’s MākuSmart devices. Source: MākuSafe.) MākuSafe, a Des Moines-based InsurTech start-up company and makers of a wearable workplace safety device and software...
View ArticleEmerging Tech in Insurance in 2018
(Image credit: Adobe Stock.) Over the past few several years, a number of new technologies have grabbed headlines with their potential to improve or disrupt the insurance industry. Some are promoted by...
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MetLife Venture Fund, Accelerator to Cultivate Internal Innovation and...
(Photo credit: Beyond My Ken.) MetLife (New York) has announced the launch of two new InsurTech-related investment programs, MetLife Digital Ventures and the MetLife Digital Accelerators. While these...
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Digital, Core and Microservices: Conversations at IASA 2018
(Stan Morris, VP, Business Development, Data; and Brian Evans, VP, Business Development, ITS. Photo by author.) Scaling for Rapid Growth: Abhijeet Jhaveri, ValueMomentum The accelerated pace of change...
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