Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

Insurance 68

Insurance Paper Artificial Intelligence Big data 68

IBM Big Data Hub

OCTOBER 30, 2023

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. A leading insurance player in Japan leverages this technology to infuse AI into their operations.

Analytics 78

Analytics Retail Cloud Insurance 78

IBM Big Data Hub

FEBRUARY 15, 2024

More than 60,000 people died in European heat waves in 2022. Meanwhile, insurance companies are increasingly declining to provide property insurance in areas vulnerable to extreme weather, leaving homeowners there at greater financial risk.

Artificial Intelligence 59

Artificial Intelligence Insurance Risk Government 59

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

IBM Big Data Hub

JULY 7, 2023

But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats. IBM Security X-Force found the most common threat on organizations is extortion, which comprised more than a quarter (27%) of all cybersecurity threats in 2022. Dispose of old computers and records securely.

Security 40

Security Data breaches Data Privacy Compliance 40

IBM Big Data Hub

MARCH 27, 2024

Substantial repair costs might arise, particularly impacting insurance companies. Their state governments must order electricity for their citizens in advance, and they used to predict demand manually by using spreadsheets. The state experienced one of its driest years on record in 2022.

Risk 60

Risk Artificial Intelligence Agriculture Financial Services 60

IBM Big Data Hub

OCTOBER 12, 2023

They’re built on machine learning algorithms that create outputs based on an organization’s data or other third-party big data sources. Sometimes, these outputs are biased because the data used to train the model was incomplete or inaccurate in some way.

Government 76

Government Analytics Metadata Compliance 76