Big Data

News and insights on how big data is transforming insurance globally, with AI, automation, apps and more.

Big Data

ICO Fines Show The Importance of Data Security

19 April 2021 alastair walker 0

 The Information Commissioner’s Office (ICO) has issued a number of final civil monetary penalties in 2020, totalling £42,416,000. The reasons for the fines included breaches of Privacy and Electronic Communications Regulations (PECR) and the Data Protection Act (DPA). […]

Big Data

SimCorp Signs Up Five New Clients for DataCare Product

8 April 2021 alastair walker 0

SimCorp, a leading provider of integrated, front-to-back, multi-asset investment management solutions and services to the world’s largest buy-side institutions, announces five new global clients for its holistic Data as a Service offering, SimCorp Datacare. The […]

Big Data

Qomplx Calls For Industry Standards on Data

25 March 2021 alastair walker 0

QOMPLX™, the leader in cloud-native risk analytics, is establishing an open initiative to encourage improved transparency and consistency in data across the insurance industry. This will also improve collaboration and interoperability. QOMPLX is curating and […]

Big Data

More Data Is Good, But Making Sense Of It Is Even Better

10 December 2020 alastair walker 0

 State Street Corporation has released new research that revealed the vast majority (91 percent) of insurance professionals believe they are facing increased complexity in their organisation’s use of data to improve their operating models and infrastructure. […]

Big Data

Case Study: How Zurich Transformed Mail Operations During Lockdown

20 November 2020 alastair walker 0

How does an insurance giant adapt its mail system during a global health ascare? Here’s some insights from SPS, who delivered a two-week mail digitisation programme, powering a move to remote working for Zurich in […]

Big Data

VIPR Gains Investment From Tenzing, Aims For Growth

27 October 2020 alastair walker 0

VIPR, the award-winning provider of Delegated Authority (DA) solutions, today announces that Tenzing, an independent private equity firm based in London that targets buyout investments in high growth businesses, valued between £10m and £100m, has […]

Big Data

Legal & General Teams Up With NTT DATA

12 October 2020 alastair walker 0

Legal & General (L&G), the multinational financial services company, recently partnered with NTT DATA, a world leader in consulting and IT services, to help build its data science capabilities. L&G is looking to enhance and leverage its […]

Big Data

Hyperscience Teams Up With ONE Insurance on Smarter Admin

24 September 2020 alastair walker 0

Hyperscience, the automation company, today announced that ONE Insurance, the first digital full-service insurance provider in Europe, has selected the Hyperscience Platform for its advanced Intelligent Document Processing [IDP] capabilities. With the Hyperscience Platform, ONE Insurance […]