Data/Tech/Modeling EMERGING TRENDS INDUSTRY NEWS Recent Stories WRIN.tv Newswire BriteCore CEO sees Big Upside for Carriers Embracing Tech Changes BriteCore CEO Phil Reynolds discusses the insurance industry’s movement towards microservices and shares insights on how companies that embrace change and ‘engage the complication’ gain an enormous competitive advantage. Mr. Reynolds sees many insurers “stuck in legacy systems.” He believes microservices can provide a path forward and alternative to the “Big Bang Conversion.” He also sees a lot of movement … Read More
Data/Tech/Modeling EMERGING TRENDS Homeowner/Renter/Auto INDUSTRY NEWS Recent Stories WRIN.tv Newswire Insurers sitting on “Gold Mine” of data…and don’t know it. BriteCore CEO and Founder Phil Reynolds provides insights into the risks, challenges and opportunities affecting the changing insurance market due in large part to data. He says many insurers simply so not understand what their data means. The data collected on policies, claims, losses and consumer behaviors is a gold mine, and most don’t even know it. He notes that … Read More
Data/Tech/Modeling EMERGING TRENDS Homeowner/Renter/Auto Recent Stories WRIN.tv Newswire Carriers migrating data to cloud to get off island – BriteCore CEO Phil Reynolds, CEO and Co-Founder of BriteCore, outlines the disruptive nature of insurtech companies, and what traditional companies are doing to access new and emerging technology services. Mr. Reynolds describes an online experience he had with one insurtech company that asked for his home address and was able to assemble county records, a visual flyover, the home’s square footage and … Read More