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Posts Tagged ‘Big Data’

An industry contact recently told me that her phone popped up the following “creepy” message one Sunday morning: “9 minutes’ drive time to St. XXXX Church.” This, of course, was a predictable result of Google Now keeping track of where and when she regularly went, and nobly trying to help her get to her regular […]

Feb 14th, 2014 | Filed under Innovation, Insurance

Recently, we held a UK CIO Roundtable on the myths versus realities of ‘Big Data’.  The roundtable was made up of a mix of insurers from both the P&C and Life industry. I guess that it will come as no surprise that finding new ways to extract insight from data is a hot topic.  In […]

Oct 22nd, 2013 | Filed under Innovation, Insurance, IT, Market Trends, Strategy

For those interested in how new data techniques and availability are changing business models, I can recommend the article Smarter Information, Smarter Consumers in the latest edition of Harvard Business Review. http://hbr.org/2013/01/smarter-information-smarter-consumers/ar/1 The central premise is that legislation in the U.S. and U.K. now requires government agencies to make public data available and consumable in electronic […]

Jan 1st, 2013 | Filed under Insurance

Celent held its 10th Peer Networking Event in Toronto last week and met with Canadian-based carriers to discuss insurance innovation and trends in big data. The purpose of the discussions was to identify practical ways to make progress on these topics in the face of increasing demands from the day-to-day business. The group reviewed the […]

Nov 2nd, 2012 | Filed under Insurance