According to the calendar, it’s 2025. Yet according to print and online insurance trade publications, the biggest complaints property/casualty insurers have about their core processing software is it’s outdated, it’s inflexible, and it’s slow to adapt to changing business needs. Considering what we do for a living, this may come across as self-serving. But maybe […]
The title of this post is an old saying, variously attributed to the British playwright, John Marston, in 1610 and to Sir Thomas Browne in 1642. Needless to say, they weren’t talking about property/casualty insurance. But we are. In the big picture, the industry faces all kinds of challenges — economic inflation, higher costs, increased […]
It occurred to us the other day that one of the terms we don’t seem to hear much anymore is big data. Maybe that shouldn’t be surprising since the term refers to structured, unstructured, and semi-structured data that continues to grow in ever-expanding volumes at ever-increasing rates. So, we conducted an experiment with AI. We […]