Digital Platforms

Innovations in security will be aimed at fortifying cloud services, big data, wireless communication and the Internet of Things (IoT), according to Frost & Sullivan.

IBM has been trying to lure customers to its analytics business with data from partners.

The superintendent of the state Department of Financial Services, said insurers must provide the information by April 27 and submit to examinations by the agency; 160 life, health and property & casualty insurers are affected.

The global insurer is the first insurance industry member of the U-M's Mobility Transformation Center Affiliate program

P&C carrier uses Valen Analytics’ data and predictive modeling to manage and drive underwriting profitability.

The FAA has awarded 48 waivers for commercial drone use under a program created by Congress to allow flights while the agency completes more formal regulations.

The new auto insurance aggregation site is intended to offer California drivers quick and simple access to multiple auto insurance quotes.

Canadian P&C insurer intends to consolidate and update billing operations and launch new products and services over the web.

New Zealand’s largest general insurance provider takes on core systems transformation to improve customer service and speed to market.

Team selects Instec’s Quicksolver based on its configurability, bureau-based rating and quoting, resulting in more efficient business processes and faster quote-to-bind.

Millenials and lower-income people are receptive to calling directly from a mobile ad, according to a study, but insurers need to answer the call.

The life insurance carrier credits Agile development with helping it get a line of business live on the FAST platform less than a year after selection.

When insurers assess the risks and conduct cost-benefit analyses on whether information systems should be encrypted, more often than not the decision has been made to not encrypt. That has to change now, industry observers say.

More than a month later, more than 50 million people affected by the breach haven’t been notified by the company, senators Lamar Alexander and Patty Murray said.

The rankings are based on national averages for 1,522 models, for a 40-year-old man with a clean driving record and good credit.

The new app features direct access to ACE’s medical and emergency assistance partners and location-specific safety alerts, including for diseases, crime, civil unrest, acts of terrorism and natural disasters.

Hackers succeeded in accessing claims and clinical data from Premera, but they may be wasting their time trying to monetize health data, industry observers say.

Cyberinsurance is on the rise, and insurance companies are asking their IT departments where the most risk lies. Here's what IT staff says are the most important items to cover after a breach.

When big commercial insurers develop cyber risk coverage for their clients, IT helps illustrate the problem and identify solutions. CNA and XL Group take us inside their processes.

Premera Blue Cross, serving the Northwest and Alaska, was hacked beginning last May, and even more sensitive data was exposed than in the Anthem hack.

The insurer plans test flights near Bloomington, Illinois; could use drones to assess roof damage claims and respond to natural disasters.

The announcement today counts 14.1 million people who have enrolled in private plans or expanded Medicaid coverage since 2013, and 2.3 million young adults who were allowed to stay on parent's health plans until the age of 26.

The Touchstone catastrophe modeling platform and suite of CAT models will be rolled out across the organization to support a range of risk management needs.

Commercial lines prices have only risen 2% in the past year, and for workers' comp, even that would be good, says Towers Watson.

More than a third of visitors to Healthcare.Gov came through a tablet or smartphone, said CEO Kevin Counihan -- and they are converting to sales.

Regulators, industry representatives and others are encouraged offer perspectives, insights and recommendations to inform and shape emerging regulations.

Online platform automates the submission process for insureds, agents, brokers and carrier partners.

The Native-American-owned insurer will implement SurePower Innovation in the cloud as part of a core administration and automation project.

Building a strong relationship with the insurance industry has been a top priority for Sylvia Burwell since becoming the head of HHS nine months ago, she said at America's Health Insurance Plans' national health policy conference this week.

The state-run insurer has rolled out InsuranceSuite as part of an organization-wide transformation initiative, including underwriting, policy administration, billing and claims management.

Companies have resisted providing data to the government about hacking attacks out of concern that they could be sued if they accidentally included private information about their customers, or accused of violating antitrust laws.

Google can't use aggregation-based connections with insurance companies to decipher their rating and risk management strategies -- but it might not need to.

Quicksolver will be used to support 27 types of coverage for entertainment production companies in 50 states; intended to cut quote-to-bind times and simplify rating and filing processes.

Commercial drones are photographing sporting events, monitoring construction sites and performing other aerial chores even though the Federal Aviation Administration is as many as two years away from issuing final regulations to govern their use.

The global reinsurer will deploy Launchpad Marketing Cloud, a multi-channel marketing platform designed to enable clients to select prospects and policyholder audiences to market life insurance.

Carriers are polarized by the new Google Compare for auto insurance aggregator – but the search giant is hoping key partnerships will help it gain credibility.

The insurer has consolidated multiple claims platforms on Guidewire to streamline claims management.

Six insurers in total have been recognized by the National Association for Female Executives for policies, practices and the number of women reaching the upper echelons of management.

Today's launch of the Google Compare auto insurance comparison site represents a watershed moment in the U.S. insurance industry.

The life insurer will implement PolicyHS to streamline change requests for inforce policies.

The Supreme Court case King v. Burwell, which challenges the legality of subsidies available for individuals purchasing health insurance on the federal exchange under the Affordable Care Act, could rock the stability of the health insurance market. Arguments will be heard today.

P&C insurer will implement InsuranceSuite and DataHub; PwC to assist with implementation.

Two-thirds of insurance companies intend to increase staff in 2015, according to the “Semi-Annual U.S. Insurance Labor Outlook Study,” conducted by recruiting firm The Jacobson Group and industry benchmarking firm Ward Group. That is an increase of eight points since the July 2014 survey and the highest rate since 2009, when the survey began.

A process is also in the works to provide funds to homeowners who disputed insurance payments without suing.

Genworth is struggling to contain the damage and on Monday warned of a “material weakness” in some of its accounting.

With fewer recent CAT events, insurers have been applying lessons learned to managing non-catastrophic claims, according to a survey from J.D. Power, resulting in the third-consecutive year of higher customer claims satisfaction.

A growing number of New York and New Jersey homeowners have accused insurers of rejecting or underpaying flood-insurance claims based on falsified engineering reports.

Financial leaders offer comments and remembrances; Benmosche’s career brought him to Chase Manhattan Bank, PaineWebber, MetLife and AIG.

The company also put out a HITECH Act notice over the weekend detailing the identity protection services it will provide affected customers.

Policy admin system chosen for ease of integration and speed of implementation, insurer says.

Benmosche came out of retirement in August 2009 to take over a company reeling from losses on failed housing-market bets, and led the insurer for half a decade.

Winners will be selected based on their ability to develop products and services with the potential to bring significant innovation to the industry.