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 INDUSTRY NEWS Advances in technology and analytics apply methodologies that were once theoretical. Over the past 20 years, there have been several crises in the capital markets, a challenging investment environment, and increased regulation for insurance companies. Chris Suchar, a Managing Director, Risk Solutions at Conning says these factors have created a greater demand for analytics. Advances in technology, cloud computing, and data mining have allowed for the development of more sophisticated analytics … Read More