Digital Platforms

Revenues generated from enterprise software-as-a-service will reach $53.5 billion in 2018, representing 59 percent of the enterprise public cloud computing market, according to a new report.

Homeowners and private passenger auto have most impact on the reserve cycle, Guy Carpenter says.

Syndicate 2232 will use the Claims and ECF Management System to support future growth plans.

Lucky Gallagher and Chuck Magazine have earned spots in the 2014 Risk Management Hall of Fame.

The latest version of LifeSuite automated underwriting offers configurable case assignment and additional lab vendor interfaces.

Having driven nearly 700,000 autonomous miles, Google’s self-driving car now is taking on the hazards of city driving.

Marketplace Connector will assist Oregon-based health plans with the migration to the Federally-Facilitated Marketplace.

Version 14.0 of the risk, safety and claims management software includes a relationship management application.

The two-year delay in the implementing new regulatory requirements has helped European insurers’ confidence, Ernst & Young says, but almost 76 percent do not yet meet reporting requirements.

The insurer of corporate boards and high-end homes declined after first-quarter profit fell 32 percent, missing analysts’ estimates, on claims from winter weather in the United States.

Price comparisons, ratings and reviews are now “old school,” according to Forrester Research, and armed with digital tools, consumers are filling many legacy insurance roles.

InsuranceSuite is intended to help the multiline insurer streamline core systems and improve the agent experience.

LifePRO is a strategic policy administration platform for the consolidation and processing of life, annuity and Medicare Supplement products.

Insurers increase focus on improving customer satisfaction and retention through more effective claims processing, according to recent survey.

Even if the technology doesn’t immediately attract consumers, insurers offering such programs are establishing robust data sets, underwriting methods and laying the foundation for more positive customer interactions, Deloitte says.

Auto insurers ranked on price, distribution channel and policy offerings during the purchase experience.

Private health care exchanges are here to stay but debate remains over whether employers should move their employees to private exchanges, as well as the adviser’s role in working with them.

Optimizing application development and maintenance can reduce costs by more than 50 percent for organizations.

Networked sensors increasingly are being embedded in machines, buildings, cars and other objects, offering tech-savvy insurers new opportunities to understand and price risk, according Celent.

The Insurance Scorecard business intelligence and data warehousing application is designed for the P&C industry.

P&C insurer is implementing a billing system that encompasses the conversion of both personal and commercial lines data from its two legacy platforms.

The Centers for Medicare and Medicaid Services is in the early stages of looking at new vendors to potentially take over the operation of Healthcare.gov, when Accenture’s contract expires in January 2015.

The insurer now offers independent agents the opportunity to automatically download policy updates daily through Vertafore’s AMS360 and continues to retire old technologies.

Travelers, the only property/casualty insurer in the Dow Jones Industrial Average, said profit climbed to a record in the first quarter on investments and expanding margins.

iGO for Final Expense is designed to improve selling and processing needs for Settlers' 3,000 independent insurance producers.

Infrastructure functions can reduce costs and improve service delivery through better demand management.

Industry experts say it's time to focus on the future rather than the rocky implementation.

Gartner CEO and senior executive survey shows that growth is the top priority, with executives displaying a “bullish” attitude toward technology-related business growth in 2014 and 2015.

The project delivers an upgrade from Windows XP to the Windows 7 operating system for more than 11,000 desktops.

The partnership will offer an RMIS product designed to improve workflow and decision-making.

Report says coverage is available and affordable, though the market is tightening due to uncertainty over reauthorization; insurance industry groups response mostly favorable.

As a result of the crowded market driving down prices in New York - one of just five states where UnitedHealth is involved in an exchange - the insurer may boost participation in public insurance exchanges.

Southern Trust seeks to modernize its technology system and says the applications can be used and adapted by business users without a deep technical background.

The insurer will move to a private cloud-based infrastructure on the PureFlex System and IBM will provide other services related to mainframe, storage, backup and resiliency.

What do well-rounded data scientists look like, exactly, and where can they be found?

The primary focus for the Insurance Industry is profitable growth, responding to regulatory changes, and balancing the many challenges of working through uncertainty in the economy. In this videocast, J.P. James, Jr. of Oracle discusses key trends in the insurance industry including modern technologies and solutions to help insurers grow their business and tackle the many unknowns they face over the long term.

Access to a growing number of models through a single platform enables insurers to build a more complete view of risk while achieving operational efficiencies in underwriting and portfolio management.

Casualty Actuarial Society forms a task force to advance research into cyber risk and cyber insurance.

Keefe, Bruyette & Woods leaves ratings unchanged due to the generally stable operating environment, but analysts are adjusting earnings-per-share estimates because of winter weather and a flatter yield curve.

The portal is designed to enable customers to choose coverage via a side-by-side quote, but also purchase and service the insurance on one platform.

A link exists between the levels of collaboration among IT, line-of-business and analytics groups and the success of big data and analytics projects.

Top trends include core and legacy system transformation, data mastery, and analytics and digitization, Celent says.

In addition to preparing for 2015 enrollment, the expected successor to Kathleen Sebelius as U.S. health secretary will face health insurers' warning of double-digit premium increases.

SAP's platform has been expanded to North America insurers through its cloud offering.

Health care CIOs, consultants and attorneys comment on the tenure of Health and Human Services Secretary Kathleen Sebelius, who soon will resign after serving the nation for five years.

Insurer expects to increase automation, flexibility and control of investment accounting and reporting.

Former head of sales and marketing at Covered California and former director of sales at Blue Shield of California, Michael Lujan, says Kathleen Sebelius was in an "unwinnable position."

Kathleen Sebelius, the U.S. health secretary who steered the troubled rollout of President Barack Obama's signature health care law, will resign just as the program topped its first-year enrollment goal, according to two people familiar with the decision.

Health insurers say that a fair number of new signups do not involve HIX options.

Buyers' market is improving, as capacity remains abundant, according to Willis Group; commercial casualty rates likely to experience single-digit increases.

Touchstone creates an open platform for insurers and reinsurers to manage their exposures and catastrophe risk.

Insurance data experts convene in IDMA annual meeting panel to underline big data opportunities and imperatives.