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Insurers fearful of security events must double down on staff training to deter easily preventable social engineering hacks, experts say.

The company found malware in its system before its 2014 breach, but wasn't able to clear it completely, allowing unauthorized access.

Workers comp insurer plans to revamp its premium billing system to accommodate changing business models and reduce manual processes.

Information on more than a million customers may have been compromised in a June 2014 attack.

The employee benefits specialty insurer now is engaged in a modernization project to improve technology, process and service delivery.

Though changes in the insurance business could lead to disintermediation of traditional distribution methods, USI CIO Stewart Gibson says his company is prepared to compete. Part 2 of 2.

TPA will replace a 15-year-old legacy system with Market Solutions to reduce future staffing needs and increase PFRACP's ability to handle more claims per person.

Largest reinsurer in the Middle East signs multi-year license for GEMS economic scenario generator.

The need to find alternative avenues for growth and for investment returns, combined with a fear of technology companies disrupting insurers’ business models, has led to renewed interest.

Betsy Ward is expanding her role as chief enterprise risk officer to include chief actuary as Isadore Jermyn retires after 34 years with the insurer.

A consolidation with Humana or Cigna carriers is an “imminent” possibility, according to Leerink Swann analyst Ana Gupte.

The specialty insurer is running its data breach protection business on GameChanger via Microsoft Azure cloud.

With 10 notable mergers in the insurance IT space so far this year, carriers need to look for signs of stability in tech partners, industry observers say.

Brian Schrieber's many responsibilities include digital media and M&A.

New claims system is intended to automate workflows, improve user experience and offer analytics around fraud and profitability.

Insurance technology vendors across the value chain are identifying merger and acquisition opportunities at a healthy clip. We recap several deals already completed in 2015 and more.

The church insurer now is deploying PolicyCenter to modernize is policy admin system and support growth plans.

The church insurer now is deploying PolicyCenter to modernize is policy admin system and support growth plans.

Typical actuarial modeling environments incorporate many technical components beyond the calculation engines that perform projections.The effectiveness of the actuarial function depends, to a large extent, on how those components are linked.

With Capgemini as its systems integrator, the insurer now moves from personal to commercial lines for claims transformation.

The goal of the underwriting, rating, and reporting revamp is increased speed to market.

The issue is particularly resonant to health insurers, who have been breached twice this year already.

Mercedes Benz’s Highway Pilot technology comprises a front radar, stereo camera and adaptive cruise control and lane-keeping and collision-prevention functions to regulate speed, braking and steering.

Low yields on government bonds mean euro-area life insurance firms are suffering from more severe stress than they incurred in recent tests.

While commercial lines rates remain flat, auto and other personal lines insurance rates are going up a couple percent at a time, according to Marketscout research.

The Canadian insurer will deploy ClaimCenter across all its lines of business, which include home, auto, business, marine, and travel.

100-year-old P&C insurer to deploy cloud-based SurePower Innovation enterprise suite in effort to modernize and automate policy admin processes.

Research from the company finds that 31% of insurance companies are already using wearable technology to engage customers, and two-thirds expect broad adoption of the technology within two years.

AIG, which is already using drones for inspections in New Zealand, is among the companies leading the charge for clear drone rules.

UHC says it is partnering with three telemedicine companies – Doctor On Demand, Optum’s NowClinic and American Well – to cover visits with a doctor via video technology, just as it would for in-person visits.

With cloud adoption among insurers at a "tipping point" according to industry observers, we asked carrier technology leaders what the key drivers for cloud investment are at their companies.

The U.S. Centers for Medicare & Medicaid Services hasn’t yet put out final figures on the risk corridor program, S&P said.

The value an insurer can achieve from the powerful combination of a modern policy system and a complete suite of advanced underwriting solutions will far outweigh any effort involved.

The P&C insurer will implement ProcessOne for payments and ContactOne for automated calling and messaging.

The selection is a sign that more large insurers are exploring vendor-provided suites for core systems.

So many systems we view look like they screens were designed by a programmer and, worse, could only be used by a programmer.

Because insurance regulation rests primarily with states, the federal government can’t commit to fully implement international agreements on insurance regulation.

Policyholders can now use their iOS devices in addition to their FitBits to track wellness goals and receive discounts on life insurance premium.

Security, cloud and infrastructure top the list, according to Janco Associates, and recent cyber attacks and data breaches demonstrate the need for continuous reviewed and revision.

Insurer intends to improve internal and external users’ experience with a cloud based implementation, Sapiens said.

Less than 1 percent of the losses are covered by insurance, according to Kinetic’s initial data from the main quake. The estimates exclude costs for immediate needs such as food.

Top 25 insurers ranked; J.D. Power study finds more people are shopping rates, but fewer are switching carriers.

Workers comp insurer intends to automate processes and enhance its capabilities for agent and customer service.

While many aging, generally mainframe-based systems, remain capable of supporting basic policy processing and accounting functions, the costs associated with enhancing them are becoming increasingly problematic.

Industry groups sought legal protections that would encourage information sharing to help prevent increasingly damaging cyber-attacks.

The Munich Re unit has made an investment in Waygum, Inc., a technology startup that is building a mobile app platform for the Industrial Internet of Things.

The Automated Mobile Hail Estimating device uses high-definition cameras to accurately estimate hail damage.

The agreement combines IBM's knowledge of IT security with Swiss Re Corporate Solutions' underwriting experience, the companies said.

Property-and-casualty policy sales fell 2.9 percent in the first quarter, Zurich-based Ace said, driven partly by currency fluctuations and declines in the agriculture business.

Four of five insurers say their underwriting staff are hesitant to adopt predictive analytics because they fear the technology will replace them, according to a Valen Analytics survey.

New research from Novarica highlights areas of concern and offers insights on insurers spending and budgeting decisions.