Augmented and virtual reality each boast considerable potential for impact within the insurance industry, with implications spanning risk mitigation, improved efficiency and loss ratios and enhanced customer service, Novarica said in a new executive brief. While their effect will be…
Worldwide IT spending is projected to total US$3.5 trillion, a 2.4% increase from last year, driven in part by “industry-specific disruptive technologies,” Gartner Inc. reported on Thursday. “Digital business is having a profound effect on the way business is done…
IT research and advisory company Gartner, Inc. is forecasting that 8.4 billion “connected things” will be in use worldwide in 2017, up 31% from 2016, and reaching 20.4 billion by 2020. The company added in a press release last week…
Half of citizens in million-people cities will benefit from smart city programs by voluntarily sharing their personal data by 2019, according to new research from Gartner Inc., an information technology research and advisory company based in Stamford, Conn. Gartner noted…
SAN FRANCISCO – Yahoo has discovered a 3-year-old security breach that enabled a hacker to compromise more than 1 billion user accounts, breaking the company’s own humiliating record for the biggest security breach in history. The digital heist disclosed Wednesday…
Incumbent insurers need to understand the “ABCs” of insurtech – Analytics Arms Dealers, Beneficial Bots, Creative Carriers and Digital Distributors – to get a better grasp of the space, according to a new executive brief from Boston-based research and advisory…