The Chronicle: Issue 2013-40, October 15, 2013
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What's Going Through The Intersection of Insurance and Technology?
Would getting agile with data help move us forward? |
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Technology
Gartner identifies the Top 10 Strategic Technology Trends for 2014
Gartner, Inc. has highlighted the top 10 technologies and trends that will be strategic for most organizations in 2014. Gartner defines a strategic technology as one with the potential for significant impact on the enterprise in the next three years. Factors that denote significant impact include a high potential for disruption to IT or the business, the need for a major dollar investment, or the risk of being late to adopt.
SAS: Life insurance – Two sides to every story
The life insurance industry is suffering a number of challenges due to continuing low interest rates, volatile equity markets, an uncertain regulatory environment, and the commoditization of products, insurers are feeling increased pressure on profitability. However, the industry is also experiencing unprecedented opportunities.
IBM accelerates Big Data discovery with Accelerated Discovery Lab
Scientists from IBM have announced the Accelerated Discovery Lab, a new collaborative environment specifically targeted at helping clients find unknown relationships from disparate data sets. The new lab unifies data, expertise and novel analytics to speed discovery in industries including retail, medicine and finance.
Business of Insurance
Gartner says smart machines will have broad and deep business impact through 2020
Most CEOs believe that the near-term takeover of jobs by smart machines is a futurist fantasy, but Gartner predicts these machines will have broad and profound business impact within only seven years through 2020.
Consumer Information
Ingle International offers tips for travel with special needs
You can see mountains without hearing, hear birds without seeing, ride a gondola without the use of your legs, or hit a hole in one using an oxygen tank to breathe. So why let pre-existing medical conditions stop you from travelling? Just make sure to heed these helpful tips before you start your trip.
Telematics
FSCO Bulletin: Usage-Based Automobile Insurance Pricing in Ontario
The Financial Services Commission of Ontario has released a bulletin on usage-based insurance pricing. The purpose of this bulletin is to communicate to insurers the Superintendent's additional considerations and requirements for automobile insurance filings that contain a usage-based insurance pricing component and thus facilitate the process of preparing as well as reviewing these filings. The bulletin is to be used in conjunction with the Filing Guidelines applicable for private passenger automobile (PPA) filings for rates or risk classification systems.
Claims
Accident Support Services International opens Kawartha Lakes Collision Reporting Centre
The City of Kawartha Lakes Police Service, the Kawartha Lakes Detachment of the Ontario Provincial Police and Accident Support Services International Ltd., facilitators of collision reporting to the insurance industry, are pleased to announce the opening of the Kawartha Lakes Collision Reporting Centre on October 15, 2013.