(Reuters) — The White House is working with a Republican congressman on the U.S.
Source: www.businessinsurance.com
Big Data is changing insurance!
Another big data breach, this time at insurance company Anthem
Anthem, the nation’s second largest insurance provider, was hit by hackers who stole lots of customer data including names, birth dates, medical IDs, social security numbers, snail-mail and e-mail addresses, and employment information — but…
Source: gigaom.com
The bad side of big data. Or in other word, big data without security is a liability more than an asset.
Big Data “Doesn’t Apply” to 27% of Insurers This Year
Social, mobile, analytics, big data, cloud and digital strategy soon will be basic capabilities, and insurers that get bogged down in ROI studies could miss opportunities.
Source: www.insurancenetworking.com
Is “data privacy” an oxymoron? – Network World
Our laws concerning the handling of private data are more about protecting the rights of business than the rights of the individual
Source: www.networkworld.com
Insurance IT spend to hit £66bn globally, says IDC
A report from IDC Financial Insights analysts predicts that IT budgets will rise 4.4 percent from the previous year, as firms use technology to reduce costs while focusing on new initiatives around internet of things and big data analytics to boost…
Source: www.computerworlduk.com
Big data the main driver of that growth.