Digital Platforms

The two companies have complementary technology for insurance, payments, risk management, asset solutions, and retail and corporate banking, FIS said.

PartnerConnect consulting partners now are able to deliver cloud-based applications that combine Guidewire products with their own content and services, as well as complementary third-party products in a hosted environment. Inaugural partners include Capgemini, EY and PwC.

Security vulnerabilities exist in a number of areas; data sent from a wearable device to a nearby smartphone, for example, may be exposed during transfer via Bluetooth or WiFi connections.

Texas Mutual Insurance Company, provider of workers’ comp insurance, has selected Guidewire’s DataHub and InfoCenter to support its enterprise-wide data management and business intelligence strategies, Guidewire said.

Security researchers demonstrated that they could hack Metromile's UBI dongle; insurance carrier issued patch in June.

Organizations must build digital resilience to protect their most valuable information assets, says McKinsey.

Private equity investment firm Thoma Bravo LLC has acquired the provider of cloud-based straight-through processing technology for an undisclosed sum.

Many insurers find that legacy billing technology limits efficiency for internal operations, effectiveness of customer service, the speed to market for new or modified billing features, and can be an obstacle in delivering capability to agents and policyholders.

The NAIC’s recent and startlingly rapid moves towards a cyber regulatory doctrine are evidence of the importance and vulnerability of cyberspace.

In a draft document, regulators propose 12 rights for policyholders around cybersecurity.

Xpertdoc, a Microsoft Gold partner, will host the software on the Microsoft Azure cloud platform.

Insurance companies are major consumers of IT outsourcing services, but there are hints that carrier CIOs are rethinking their outsourcing strategies.

New system will run life and disability income products in the Caribbean initially.

Adversaries are becoming more sophisticated not only in their approaches to launching attacks, but also in evading detection.

SMA research brief identifies must-haves for a successful core systems replacement project.

Smartwatches contain a range of security flaws, raising fresh concerns about wearable devices gathering and sharing big data and personal information across the Internet of Things (IoT), according to new research.

Updates aim to boost authentication while protecting the operating system and underlying PC from malware.

Deloitte has identified insurance technology strategies that explore the role of the CIO, race Moore’s Law and more.

Deloitte has identified insurance technology strategies that explore the role of the CIO, race Moore’s Law and more.

The insurer will implement the Accenture Life Insurance & Annuity Platform and Actuarial Calculation Engine.

The Chinese e-commerce company and eBaoTech have partnered on an administration platform for insurance companies.

SSP, provider of insurance technology in the UK, and Capgemini, a consulting, technology and outsourcing services company, have partnered to help insurers replace legacy systems and accelerate their digital ambitions, the companies said.

To improve the customer experience, the multiline insurer will use PolicyCenter and Rating Management to integrate disparate underwriting and policy admin systems.

Combining the operations of two insurance giants likely would require months of research, as well as an increase in headcount and IT expenditures, at least in the short term.

New offering includes Majesco Billing, which supports P&C and life and annuity lines of business.

A new Novarica report finds that data, digital channels and changing customer expectations are driving investments in claims processing across the insurance industry.

More than a dozen mergers and acquisitions in the reinsurance market, valued in the billions of dollars, have occurred in the last four months.

Customers now can transition document templates and design new ones.

The insurer now is in production with rating, quoting, underwriting, policy lifecycle management, document generation/management and program-based underwriting.

The insurer selected BillingCenter and Guidewire’s portal products in an effort to enhance agents’ and policyholders’ user experience, lower cost and achieve faster time-to-market.

The replacement of legacy systems is intended to reduce IT costs and improve time to market for new products.

The auto service, maintenance and repair technology company intends to introduce Identifix to international markets and roll it into the Digital Garage mobile app.

The NAIC Executive (EX) Committee recently established the Cybersecurity (EX) Task Force to act as a focus point for cybersecurity insurance regulatory activities. The message is clear: there will be regulatory pressure to do something around cybersecurity.

Some investigators suspect the attacks were part of a sweeping campaign to create a database on Americans that could be used to obtain commercial and government secrets.

Having a set of vendor-specific questions and expectations can assist in selecting the best vendor for your company.

The workers’ comp insurer now is in production with PolicyCenter, BillingCenter and Quote and Buy Portal, to offer new self-service abilities to policyholders.

The personal and commercial lines carrier will implement the cloud-based SurePower Innovation to support growth and greater customer satisfaction and retention.

The insurer has selected BT to consolidate, modernize and manage internet connectivity, wide area and local area networking, telephony and more.

EZLynx, Haven Life and 10 others will present innovative and disruptive ideas at ACORD2015 and compete for $25,000 prize.

Between now and the effective date of the merger, there will be a lot of planning focused on efficiencies and platform rationalization, cloud, SaaS, data management/stores, analytics and more.

P&C carrier intends to modernize infrastructure and processes for its commercial business lines, simplify operations and enhance customer service.

Paul Holden joins the third-party administrator after several stints at claims technology companies.

XL Catlin's newest breach response partners include computer forensics services providers and law firms.

With the Supreme Court affirming that the Affordable Care Act’s current structure won’t change, health insurance IT pros can focus on other pressing areas.

Optimizing reinsurance cost is important to mid-market P&C insurers with growth ambitions. Tom Brock, AVP for Motorists Insurance, explains how the company tacked the challenge head on.

Cloud-based system will rate several lines of commercial insurance.

Annabell Bexiga joins the company as commercial insurance business information officer, reporting to AIG CIO Phil Fasano.

InsureLinx will become part of Patriot Technology Services, and CEO Jeff Harris will assume the role of EVP, business development, reporting to Steven Mariano, CEO of Patriot National.

James J. Shea, a former QBE VP responsible for integrating the Australian insurer’s information technology systems, and Eugene Fallon, an outside consultant, allegedly defrauded QBE over two years.

Cyber crime is a broader problem that's not confined to tech companies and large corporations. The risks are very real for all companies.