BLOGS

To start off the year, Aite-Novarica Group identified 10 of the most discernable trends that insurers operating in the property/casualty space should watch out for in the coming months. On February 9, our team of experts drilled down on a few of the trends shaping the property/casualty insurance technology space. Here are some of the highlights carriers should focus on in 2023. The Core...

Data is an arms race. Competitive pressures, internal demands, and an ever-growing pool of data are driving insurers to assess their data and analytics capabilities. Traditional approaches to data management are running up against the needs of advanced analytics, artificial intelligence (AI), and machine learning. Data privacy concerns and regulations place additional hurdles on data resource...

The financial sector is only healthy if it can withstand singular or simultaneous cyberattacks on participating entities. An increasing number of cyberattacks have given cause for concern throughout the EU that financial entities are subject to systemic and concentration risk owing to the interconnectivity of the financial markets and participants. To address these concerns, the European...

It’s safe to say that data is important to an organization. People understand that data is valuable, but it’s hard to measure that value because it’s based on how you use it, what insights you gather from it, and how you act on those insights. Data can help you identify growth opportunities, find profitable niches, understand why portfolios perform the way they do, and target high-value prospects...