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HomeBig Data

Big Data

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

Big Data

You Need to Validate Your Data: WTW Are On It

4 May 2021 alastair walker 0

Willis Towers Watson has launched an updated version of its DataValidator technology, which helps P&C and Life insurers to use their data more efficiently by validating, cleansing and transforming data for use in financial modelling and reporting […]

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Big Data

Chubb Signs Up For WTW Radar Live Software

26 April 2021 alastair walker 0

Willis Towers Watson’s Insurance Consulting and Technology business today announced that Chubb, the world’s largest publicly traded P&C insurer, has licensed Radar Live, Willis Towers Watson’s advanced pricing delivery software. Radar Live’s pricing technology and capability […]

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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). […]

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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 […]

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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 […]

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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. […]

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Big Data

Willis Towers Sees More Insurers Using Predictive Analytics

25 November 2020 alastair walker 0

Demand for predictive analytics continues to rise, as life insurers seek new solutions to sharpen business performance and boost customer relations in a highly competitive market with tight margins, slow growth and high operating costs, […]

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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 […]

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