Digital Platforms

Big data, analytics and enterprise applications will continue to drive software spending growth into 2017, according to a new report from IT research firm International Data Corp.

Stabilizing global economy and gradually rising interest rates are favorable, according to Moody’s.

Insurer to deploy P&C software suite to streamline product development.

Only USAA, GEICO and two other large insurers qualified for a list of longer-term profitable and growing carriers. Leaders also tend toward specialization and use independent agents, according to a report from Conning.

AMI goes live with policy administration, billing and claims solutions for motor vehicle lines of business.

Insurer chooses SIMS Claims to manage claims within its commercial insurance programs, including property, liability, commercial auto and workers’ compensation.

Fitch: Bypassing healthcare.gov An Unlikely Positive for U.S. Insurers

A team of agency staff, software contractors and insurers is working on fixing the enrollment reports, known in the industry as 834 forms, said tCenters for Medicare and Medicaid Services spokeswoman.

The chief obstacle for health insurers is essentially a lack of insight into who’s enrolling in their HIX plans, says an independent merchant bank focused on mergers and acquisitions, financial restructuring and principal investing services in the health care industry.

The lack of hurricanes in the Atlantic will result in a low double-digit decline in pricing for 2014 renewals, Fitch said.

Proposed legislation is said to streamline claims settlement process.

The website’s software initially prevented Social Security numbers from being included in data sent to insurers, blocking complete enrollments in health plans. A fix announced yesterday will end 80 percent of those errors.

The EVP, Corporate & Public Affairs, shares her thoughts about challenges women in the industry face and what she, as a leader within the organization, thinks about when making important business decisions.

Many organizations must face a troubling fact: Defending their digital perimeter is not enough. They should assume that successful cyberattacks will occur—and develop an effective plan to mitigate the impact.

Drivers in emerging markets are twice as likely to buy a car based on in-vehicle technology options than vehicle performance, according to Accenture report.

Parts of the Obamacare enrollment system used to pay insurers are being pushed back from January in the latest technology delay for the president’s U.S. health care overhaul.

Zurich CEO predicts a "big impactful cyber event that will occur over the next couple of decades" and says designing policies for attacks that could shut down power systems or stop a city’s transportation network is more than challenging.

Swiss Re Selects Wolters Kluwer Financial Services

The importance, role and functionality of data centers will change over the next five years, leaving many organizations uncertain about how to plan their future data center architectures, according to Gartner.

Breakdowns in financial controls can be disastrous for insurers.

It’s time for insurers of all types to hop on the big data bandwagon or risk getting left behind.

The Evolution of Insurance Telematics

Insurers' 4 Most Promising Tech Initiatives

Consumers can now sign up for health coverage as late as December 23, for policies that would begin January 1.

Lewis was non-executive chairman of Mayfield Village, Ohio- based Progressive, co-founded by his father Joe Lewis in 1937, and was succeeded by Renwick as CEO in 2000

CEO Glenn Renwick is taking on the additional role of chairman after the death of Peter Lewis, who previously led the board.

Partnership designed to offer Willis Re clients analytical capabilities to enable better management of flood accumulations.

Insurers will have eight days, including the Christmas Eve and Christmas Day holidays, to prepare bills for any consumers who signed up on the last day of the newly extended deadline.

The SaaS-delivered software is designed to increase automation and handle all future core administrative needs.

Steps for Insurers to Address the Aging IT Workforce

California, which has now enrolled almost 80,000 people in health plans, is joining New York, Washington, Minnesota, Vermont, Massachusetts and Rhode Island in refusing Obama’s call to ask insurers to extend canceled plans for a year.

A Fortune 500 banking and insurance provider known for its superior customer service realized that they lacked an understanding of how work was being processed in their middle and back-office operations. Learn how they gained visibility of their data into their customer service operations; improved productivity and throughput; realized a 10% improvement and $5 Million in savings in one year.

As insured loss estimates begin to emerge, State Farm, American Family Insurance and others are leveraging technology at the disaster zones to help customers file claims and schedule inspections.

Only three of Moody’s 19 rated companies reported lower operating earnings in Q3 2013 compared to the prior year.

California, Texas and Colorado are at the top of the list due to the number of households, but another state has the highest percentage of households at high or extreme risk from wildfire.

“This meeting has not been discussed in any meaningful way with the entire membership of the NAIC nor have we worked to build consensus among the members on what our positions will be,” six absent state commissioners wrote in a letter.

Swiss Re, the world’s second-largest reinsurer, said in an e-mailed statement today that it will buy a 4.9-percent stake in New China Life for $493 million.

Reform measures do not need to be delayed while attempting to address the affordability of coverage for policyholders, according to the National Association of Mutual Insurance Companies.

"Predict" platform designed to offer better risk selection and pricing visibility to underwriters.

More than a third of the back-end infrastructure still remains to be built in the federally run marketplace, a top IT official from CMS said Tuesday on Capitol Hill.

Direct Auto Writers Continue Market Share Gains

The two confirmed EF-4 tornados that hit Illinois on Sunday also were unusual for occurring so far north, according to an analysis by Risk Management Solutions.

More Than 150 P&C PAS Purchases Made Since 2010

Insurers Get First Look at ComFrame Field Testing, Capital Requirements

Among the insurers on the list, AIG sees the biggest drop-off from 2011 to 2012; during the same period, Berkshire Hathaway nearly doubled its market share in the sector.

Leadership-capacity constraints are undermining many companies’ efforts. New management structures, roles and divisions of labor can all be part of the solution.

Obama invited the group to meet with him a day after he announced that the administration was altering regulations to permit insurance companies to extend existing policies for an additional year.

Most North American P&C insurers will find IT budgets steady, but core systems replacement and better business/IT alignment are resulting in increased discretionary and extra-budget spending.

Insurers and benefits providers caution that reinstating the plans may not be simple.

Nissan Motor Co. plans to bring affordable, fully autonomous vehicles to market by 2020.

More Agencies Specializing and Increasing Technology Investments

The extension will be available only to those already enrolled in the policies that were canceled for not meeting coverage standards under the health care law.