Tag: Data

EquiLend has secured a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY). This investment underscores BNY's commitment to EquiLend's...

Akur8, a next-generation pricing and reserving platform, has been selected by South African insurance underwriter Alpha Insure to help elevate its pricing process. The move...

Forced labor continues to be a major global issue, affecting nearly 28m people and generating approximately $236bn in illegal profits annually, according to the...

In today’s data-driven world, the ability to turn raw data into actionable insights is more crucial than ever. With vast amounts of information being...

As technology evolves, financial institutions often find it in their best interest to adopt new systems. However, apprehensions about data migration may be a significant deterrent.

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

As businesses increasingly turn to AI for streamlining data management, the ethical implications of these technologies demand serious consideration. From ensuring data privacy and security to addressing biases embedded within algorithms, companies must navigate a complex landscape of responsibilities.

Key US InsurTech investment stats in H1 2024: US InsurTech market in a slump as funding dropped by 78% YoY Healthee secured the biggest...

Handling health and lifestyle data involves several intricate challenges, primarily due to the sensitive nature of the information. Ensuring privacy is a top priority, and securing consent for data use can be complex, especially if not addressed early in the process. This often restricts analysis to internal use only, limiting the involvement of external experts and increasing the risk of bias due to broad consent requirements.

Applied Systems®, a leading provider of cloud-based software that powers the business of insurance, has announced the general release of an all-new data analytics capability.