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Symetra Life Insurance Company purchased and is implementing FastTrack software from GettingHired LLC; the software is designed for employees on short- or long-term disability looking for help in returning to the workforce.
July 31 -
Despite approving additional share repurchases last week, insurer still considering deals similar to those made by WellPoint and Cigna earlier this year.
July 31 -
Two new studies amplify the benefitsespecially for womenof working with financial advisors, and provide insight into a changing demographic for life insurers.
July 31 -
With a mobile app created by Streebo using IBM Web Experience software, ANICO expects to provide its sales force with what it needs to reach new customers.
July 31 -
Company seeks $7.4 billion for assets; Manulife Financial, AIA Group and KB Financial listed as interested buyers.
July 31 -
Analytics increasingly provide competitive differentiation for insurers and are at the heart of the industrys transformation to a more customer-centric business model, according to Data and Analytics in Insurance: The Dawn of a New Era, from Strategy Meets Action.
July 30 -
Awareness of bank-sold life insurance improves; carriers designing simple products could benefit, LIMRA reports.
July 30 -
Chubb, Principal Financial and four others announce second-quarter results.
July 27 -
In a recent survey of data center facility managers, IT leaders and C-suite executives, consolidating servers and updating mechanical infrastructures appeared on the vast majority of to-do lists.
July 27 -
A recent survey found cyber attack to be among the world's top five threats, which means insurers have a big responsibility to help others, as well as themselves.
July 27
Deloitte -
App designed to provide insurers with business performance analytics.
July 27 -
Congress aims to make crop insurance program more generous as farmers experience devastating droughts.
July 26 -
To successfully deliver e-signatures and e-delivery applications, insurers should begin by implementing them in a single process or product, according to a strategic analysis released by ACORD and developed by international law firm Locke Lord LLP.
July 25 -
New report examines coverage tools that P&C insurers offer and names the insurers that do it best.
July 25 -
In a new global survey, Accenture finds opportunity for life insurers to present clearer, more personalized information to win over these masses.
July 25 -
Robert Hartwig spoke to the industrys strengths and resiliency before the House Financial Services Subcommittee on Insurance Tuesday.
July 25 -
One-third of transition boomers, those aged 55 to 65 and who are 10 years or fewer away from retirement, are unsure how much money they will need to cover basic living expenses in retirement, according to The Transition Boomers and Retirement Income Survey, from Allianz Life Insurance Company of North America.
July 24 -
Insurers need a data mastery roadmap aligned to their business goals to avoid costly mistakes, according to new Celent report.
July 24 -
Aite Group report finds compliance and reporting, customer-centricity, multi-channel distribution and engagement prompt desire to modernize.
July 24 -
Persistently low interest rates are motivating insurers to diversify beyond fixed income into higher-return asset classes, including real estate, high-yield and emerging-market debt, and invest more in their risk management infrastructure, according to Seeking Return in an Adverse Environment, a survey of chief investment officers from KRC Research, sponsored by Goldman Sachs Asset Management (GSAM).
July 24 -
Injured Workers Insurance Fund expects to increase underwriting profitability, drive more business and gain greater appeal with agents.
July 23 -
Life, annuity and pension firms are struggling to generate profits for shareholders, members and policyholders due to the global economic slowdown, increased competition and low interest rates. This confluence of factors is leading many insurers to reassess which products and markets are to be considered strategic, and how to best manage the discontinued, unprofitable and non-strategic portions of their business, according Strategies and Options for Managing Closed Blocks: Life, Annuities, and Pensions Edition, a new report from Celent.
July 23 -
In 2011, only two companies in the segment became impaired, the smallest number since 1962.
July 23 -
For the 7th consecutive year, INN recognizes female insurance executives who have made outstanding contributions to their businesses.
July 23 -
Wireless carrier boosts network, hardware, and offers driver analytics and scoring to carriers interested in evaluating its Integrated Insurance Solutions product.
July 20 -
Given the second-quarter decline in the equity markets and no let up in other pressures, Fitch anticipates more modest full-year 2012 results than first-quarter improvements indicate.
July 20 -
Doubts surrounding global rules meant to make investors and insurers lives easier are increasing as the wait continues.
July 20 -
Competition for the individual retirement market is heating up as the number of baby boomers heading into retirement increases, creating an opportunity for insurers to attract new customers and their assets, according to The Big Payout: Growing Individual Retirement Income Opportunities 2012, a report from Conning Research & Consulting.
July 20 -
Cover-All policy administration, commercial lines products selected in an attempt to improve operating efficiency and growth.
July 19 -
Individuals with major driving violations, such as alcohol-related infractions and excessive speeding, have mortality rateseven non-vehicle-related deathsthat are 70 percent higher than individuals who do not, according to motor vehicle record study.
July 19 -
Insurer to implement Innovation Group's entire suite, including policy, claims and analytics elements.
July 19 -
Billing Stream, Claims Stream to be implemented in a multi-phased approach.
July 19 -
Insurer turns to policy management solution to increase automation and streamline disaster recovery underwriters workflow.
July 19 -
Diversification and reinsurance likely to prevent large net losses in the wake of widespread drought.
July 19 -
A.M. Best and Deloitte reports find that diversified carriers and those closest to the insured will be best positioned to weather changes to market.
July 19 -
Insurer looks for increased efficiency, service as product is purchased to administer MTLs life insurance, annuity business.
July 18 -
Ward Group analyzes the financial performance of nearly 800 life/health insurers in the United States annually and identifies top performers in each segment. The Wards 50 life/health group of insurance companies produced a 19.0 percent statutory return on average equity from 2007 to 2011 compared with 3.4 percent for the life/health industry overall.
July 17 -
GEICO, RLI and USAA make the list for the 22nd consecutive year.
July 17 -
After auto claims satisfaction dipped in the first quarter, decreased out-of-pocket spending and shorter repair processes contribute to much stronger results in the second quarter.
July 17 -
One offers consistency while the other offers complexity and a chance to engage advanced technologies.
July 17 -
Alfa2Go mobile application now enables customers with iPhone and Android smartphones to pay bills, file claims and access policy info.
July 16 -
Malpractice costs and tort environment are major considerations in decisions to locate and invest, finds Aon analysis.
July 16 -
Security emphasized in the National Institute of Standards and Technology's first set of mobility and management best practices.
July 16 -
With an eye on improved reliability, insurer turns to mobile security company Keynote DeviceAnywhere.
July 16 -
Q2 Confused.com/Towers Watson Car Insurance Price Index also finds personal injury claims jump 18 percent.
July 16 -
AIA Group also plans to enter a bid today before the deadline passes.
July 16 -
Latest version aims to enable quicker document creation and time-to-market for new products.
July 13 -
While the Federal Insurance Office (FIO) attempts to begin its work with the release of the offices first report pending, Rep. Ed Royce (R-Calif.), a senior member of the House Financial Services Committee, sent a letter to FIO Director Michael McRaith seeking more defined jurisdictions for the FIO and the National Association of Insurance Commissioners (NAIC).
July 13 -
BillingCenter to handle both direct and agency billing for Penn National and will be deployed for all lines of business.
July 12 -
Software delivers rating and analytics information to product managers and actuaries.
July 12 -
The Patient Protection and Affordable Care Act is shaking up the Medicaid market as insurers look to scoop up the business that states are trying to shed.
July 12 -
Insurance is labeled an early adopter of social media in a new report from the International Data Corporation (IDC), titled 2012 U.S. Social Media Trends by Vertical. The banking industry was cited as being a late adopter.
July 12