Digital Platforms

Willis, Cooper Gay Swett & Crawford, Ace, XL Group and Generali to participate in the Xchanging-Deutsche Bank Netsett platform pilot.

For content management, analytics and other front-end functions, life insurers are choosing best of breed solutions over PAS, a new study by Celent reveals.

Even when application security testing is undertaken, it often is done casually by developers who are mostly concerned with the applications' functionality.

The partnership will offer digital transaction management to Safeco agents.

Estimates put the number of private exchanges at around 150, but according to PwC Health Research Institute, they can be grouped based on their beginnings.

8 million people selected health plans using the federal system and 14 state-run insurance markets, but enrollment wasn’t confirmed until the first month’s premium was paid.

Gartner finds the number of organizations investing or planning to invest in big data technologies has increased significantly though the number of implementations remains low.

Reinsurance prices dropped this year during each of the policy renewal periods in January, April and July, according to broker Guy Carpenter.

Legislation distinguishes between the banking and insurance markets; industry groups express support.

The measure would let the Fed treat insurers such as Prudential Financial and MetLife differently than big banks in imposing safeguards demanded by Dodd-Frank.

For the ninth-consecutive year, INN recognizes female insurance executives who have made outstanding contributions to their businesses and the industry.

According to the CDC, 18.4 percent of adults under age 65 lacked health insurance in the first three months of the year, down from 20.4 percent in 2013.

NetReveal will be used to evaluate claims risk throughout the lifecycle, helping reduce fraud leakage on a pre-payment basis.

The UP Bill Payment system is intended to reduce staff time spent on processing and support digital usage growth.

Insurers are back in the market for policy administration systems, but what to buy?

IT advisory firm Strategy Meets Action presented Innovation in Action awards to carriers that have successfully undertaken next-generation technology projects in the past year.

The Atlas platform will process rating, underwriting, policy administration, billing, claims management and reporting needs for a Shelter subsidiary.

92 percent of executives, including insurers, say their big data projects are yielding results.

New research from Allianz Global Corporate & Specialty finds that close to 70 percent of financial losses are the result of just 10 causes. Fires, plane crashes and natural disasters all rate near the top of the list.

Extremely low interest rates for investments and years in which losses for reinsurers were relatively low are adding pressure on prices.

Record reinsurance capacity is driving growth capital for insurers.

More insurance companies are undertaking big data projects, especially in actuarial, product development, and underwriting.

The effects can reaching from the hit to companies' and individuals' reputations and careers, morale and stock value, to the heavy toll on the customer service, operations and technology teams.

Mutual life insurer reports that 81% of its reps engage with customers on social media channels to build relationships and grow business.

Cloud can create efficiencies and protect their competitive position, according to survey by SAP and Ovum.

The regions where the trucks were least likely to be recovered were mostly near the Mexican border, according to NICB.

Insurers must catch up with other sectors in responding to cyber threats, says a panel of Deloitte experts.

The growing influence of voluntary products is rapidly extending in the private exchange arena, with both Aon Hewitt and Sun Life Financial announcing recently they will offer voluntary products through their health care exchanges.

The expanded relationship will include management and maintenance of critical business applications.

Aon Risk Solutions also appoints new leadership in its Financial Services Group; Brian Wanat will serve as CEO for the U.S. Financial Services Group.

Emerging technologies are putting pressure on insurers to develop new models for customer-engagement.

Prices continue to moderate; commercial property prices declined for first time in three years, according to CLIPS report.

Users are sticking with familiar consumer tools to share corporate documents and access them from mobile devices.

Acquired by Symphony Technology Group, Aon will continue to offer risk, claims and safety services and applications to clients.

Centene's new claims processing center will create up to 200 jobs in Ferguson, Mo.

BindExpress Product Configurator, Rating and Underwriting modules offer a single platform for internal systems.

Napa County is home to wine- growing regions and boutique hotels and inns that cater to tourists; quake damage could cause them to lose revenue.

The suit includes claims for breach of contract, negligent misrepresentation, unjust enrichment and racketeering.

The most active tailgate thefts occurred in Texas, California and Arizona, according to NICB Report Shows.

The decision is a potential defeat for CEO Kandarian, who worked to avoid the systemically important designation.

U.S. says personal data wasn’t taken; attack exploited a test server never intended to be connected to the Internet.

Insurers lack data, tools to price new policies with confidence, according to Novarica report.

Vehicle-generated data seen as value-add for UBI offerings; 45 percent of consumers are interested in products that will inform them about their driving habits.

The latest Towers Watson survey finds drivers are increasingly willing to be monitored in exchange for a discount.

Increasing adoption of mobile technology, cloud services, social media and information will drive use of new security technology and services through 2016.

Study from Dresner Advisory Services also identifies an inverse relationship between the size of an organization and innovation, with the smallest companies among the most innovative.

Ride-share companies would have to provide at least $200,000 of insurance when a driver is on duty and $1 million of coverage when the driver has picked up a customer.

Ratabase enables rating programs and product segmentation to be deployed quickly, CGI says.

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With the volume and speed of data generation, big data technologies can help companies make business decisions and respond to market conditions quickly.

The earthquake will result in fewer claims than did the California earthquakes from Loma Prieta 1989 or Northridge 1994.

Survey finds that across all lines of insurance, 18 to 29 year olds are less likely to own coverage than other age groups.