Digital Platforms

Zurich Insurance re-enters the force-placed market for the first time since 2008.

MetLife Inc. has added the Multi-Index Targeted Risk Portfolio to the MetLife Protected Growth Strategies lineup, available through its variable annuities with the GMIB Max and EDB Max optional benefit riders.

Insurers increasingly concerned about the expanding scope of regulation, escalating compliance costs and risks from privacy violations and breaches of network security.

Insurers will need to look to technology to focus on products and features, while overcoming a complex set of processes at the back end.

Company reports that about $340 million in payments have been made as of November 26.

GEICO has announced iPad application updates designed to make it easier for customers to conduct business and learn about their policies.

American pre-retirees are not taking retirement planning seriously, according to a LIMRA study. Twenty-five percent of the 33 million U.S. pre-retirees, surveyed, said they felt “very prepared” for retirement, down from 30 percent of those surveyed in 2010.

Industry continues to benefit as home inventories and distressed sales decline and prices stabilize.

A recent study from Travelers downplays the risk of digital platforms and transactions.

Predictions from Gartner outline a sprawling enterprise technology infrastructure that includes more SaaS, BYOD and outsourcing.

Estimate only includes aid provided so far and could rise in the coming weeks.

Only a few days left to vote in the seventh annual Vanguards in Insurance Practices awards program, which uncovers the best of the best in insurance innovation among both technology users and providers.

New BI survey asks which data endeavors executives plan to push forward in the next year.

In a new report, Deloitte attempts to assist insurers in making the right decision when it comes to implementation and its specific components.

Per unit costs for life insurers drop dramatically, as do errors and the business-cycle time.

40 percent of mid-sized and 10 percent of large P&C insurers are implementing or planning such projects, and many challenges are foreseeable, Deloitte research says.

CIOs discuss technology's ability to enable rapid change within your enterprise, rather than hinder it, at a recent forum held by Saugatuck Technology.

Starr International, an AIG subsidiary, had its claims that AIG was wrongfully managed during the bailout rejected.

Annuity sales decline 10 percent year-over-year driven by persistently low interest rates; indexed annuities offer a bright spot.

Fannie is seeking to require banks and other mortgage servicers to replace existing force-placed policies on loans it guarantees with insurance provided by a consortium of carriers offering discounts.

Previously holding the same position for Unum Group, Michael Temple will take over as risk officer by the end of the year.

Mortgage technology solution designed to help homeowners refinance electronically.

Catastrophe modeling solution designed to help Navigators assess losses on a variety of levels, from portfolios to individual locations.

With the East Coast continuing to recover from superstorm Sandy, there are still wide ranges in the estimated insured losses. Risk analysis company EQECAT has estimated insured losses ranging from $10 billion to $20 billion, and total economic damages ranging from $30 billion to $50 billion. RMS estimates insured losses in the United States to range from $20 billion to $25 billion. And AIR Worldwide estimates insured losses ranging from $7 billion to $15 billion.

Insurers should know exactly what capabilities they're looking for and how to structure data teams when shopping for data and BI staff.

The vote stops any possible legislation on cybersecurity from being passed this year.

Insurer still plans to sell off life insurance branch; Paulson has lost about a third of his shares in the company.

Insurers plan on seeking growth through claims upgrades over the next three years.

Allstate, Great American and three others take home awards for best practices in insurance industry IT initiatives and strategy.

While online service is preferred overall, Celent survey also found that younger consumers favor face-to-face interactions for complex customer service issues.

The Navigators Group plans to test the models with an international array of catastrophe risk needs.

According to a new survey of insurers and reinsurers, technology investments top want lists, new products seen as biggest opportunity for growth.

The Hartford, Allianz Life, State Auto and five others released their third quarter results.

Bloomberg’s list of the top 50 civically active companies included four insurers overall.

A new report from Ovum cuts down claims that cloud technology will be the death of the enterprise data center—especially with legacy systems in play.

In anticipation of being deemed a systemically important financial institution, AIG looks to unload.

Insurer picks up Cover-All software that is designed to accommodate the functionality of an array of commercial lines.

While profitability challenges persist in the sector, improvements are seen in net premiums written and underwriting results.

Recently upgraded analytics and underwriting software designed to enable proactive pricing and real-time policy evaluations.

Consulting services are designed to allow clients to maximize the value of their catastrophe modeling investment.

Laureates will be selected from among 5 candidates, including AIG's Robert Benmosche and Principal's J. Barry Griswell.

In the third quarter of 2012, there were 59 deals that closed, which is just one more than during the previous three months, and a total deal value of $20.5 billion.

Policy administration software to become a major component of Crum & Forster's rating and policy processing systems.

Tuesday’s election has signaled the beginning of several possible changes to the P&C industry, including new faces in oversight committees and an expanding role for the Federal Insurance Office.

The sale would be at a “substantial discount” to the unit’s book value of 2.4 billion pounds ($3.8 billion) at the end of June, Chief Financial Officer Pat Regan told reporters on a conference call today as the company posted a 5 percent decline in nine-month sales. The division, the third-biggest fixed annuity provider in the U.S., may fetch more than $1 billion, people with knowledge of the matter said in September.

According to a new report from Novarica, insurers are investing with customer retention and reducing expenses as their primary goals.

Insurer purchases iGO to power the sales process in its preneed and final expense markets.

NAMIC’s Jimi Grande says P&C insurers should expect more decisive action surrounding the Federal Insurance Office and Terrorism Risk Insurance Act over the next four years.

Hospitals, physician practices and health insurers breathed a sigh of relief on Election Night as President Barak Obama’s re-election signaled that his administration’s signature legislation—the health reform law—will remain the law of the land and provide some financial clarity for health care stakeholders.

International insurer reportedly plans to sell foreign units in Hong Kong, Thailand, Malaysia and China as well.

Enterprise broker management platform designed for scalability to help integrate operations across the insurer's large network.

Reluctant insurers must press forward accordingly as they now have nine days to advise the federal government how they plan to manage state-run exchanges.