Digital Platforms

To remain relevant in an era of flat budgets and growing business demands, Ken McGee's second-day keynote at Gartners’s Business Intelligence Summit in Los Angeles called for a “CIO manifesto” in order for chief information officers to match the quality of business-initiated projects to the work of IT.

John Paulson enters reinsurance game provided with $500 million of start-up capitalization.

Insurance Institute for Business & Home Safety agrees with Presidential Policy Directive designed to facilitate an integrated, national effort to mitigate risks.

Specialty insurer to automate legal expense management operations over the course of the three-year contract.

The fifth annual index found that 24 percent of respondents tried to resolve their property/casualty insurance issues online before calling their insurers directly compared to 21 percent for health insurance.

Can insurers try to leverage social data to open up a new market? If so, would that affect the value of that data for claims/underwriting purposes?

Company will pay out a total of $10.6 million to four states for unlicensed activities.

Workers unaware of their health risks and the potential financial impact of those risks, says Aflac report. Six out of 10 workers said it’s not very or not at all likely they or a family member will be diagnosed with a serious illness such as cancer.

As many no-fault states look into changing the laws, Fitch finds that large auto policy underwriters such as State Farm, Progressive and Allstate have reported weaker underwriting results in some of these states.

The Financial Stability Oversight Council can begin the three-stage process of designating firms as systemically important financial institutions.

Specialty trucking insurer aims to shore up claims process by improving its iPhone app.

Amica takes top spot in customer satisfaction rankings as the reputation of U.S. P&C insurers rises in the wake of catastrophe-ridden 2011.

Allianz will still own about five percent of the company, worth approximately $464 million.

While retirement concerns grow, insurers are still struggling to assist with better planning for those concerns.

More than half of all financial advisors increased their recommendations of variable annuities since the credit crisis.

Bailed-out insurer American International Group is looking at the possibility of purchasing whole loans as another investment vehicle, leveraging the growing market share of its mortgage insurance business, the company's chief executive said in an interview with the Financial Times.

Heath insurer, broker report separate shakeups at the executive level.

The results of a Mozy survey indicate that 85 percent of SMBs do not use remote, automatic online backup. Of those that do perform backups, the most prevalent methods are those that can most easily be lost, stolen, deleted or destroyed

Companies to bring data, audit services to help life insurers minimize risk.

Brian Duperreault has been named chairman of the Federal Advisory Committee on Insurance, the advisory panel to the Federal Insurance Office.

As technological, environmental and economic risks assail insurers from all sides, a renewed focus on the process of risk management is required.

Looking beyond ROI and hard benefits, insurers are turning to Web 2.0 concepts to invigorate internal operations.

Cost containment firm will provide a Medicare-based re-pricing program for out-of-network claims management.

While deal value of 2011 insurance M&A transactions in the United States increased 43 percent to $12.9 billion from $9 billion in 2010, insurers are still plagued with low valuations, according to a new PwC study.

Investment firm also halts sales of new life insurance policies and retirement plans pending the resolution of the uncertainty surrounding these businesses.

Market researcher predicts unit shipments of PCs, media tablets and smartphone revenues and sales will surpass 1.1 billion this year

Nearly three-fourths of marketing execs surveyed are confident that new laws will help their firms regain clients' trust.

While a U.S. company can generate up to $382 million in three years if it improves customer experience, insurers need only tweak their sales process from quote to comfort to see an increase in revenue, according to a Temkin study.

Division to reflect company’s growth in crime analytics and market potential in this area.

Regional carrier turns to CSC for package of claims solutions: RISKMASTER, Vendor Solutions Suite and 2Work for Adjusters.

2011 brought record-setting figures and increases in transactions across all sectors in the United States

Natural disasters cost the global economy a record $370 billion in 2011, with losses for the insurance industry the second largest ever, according to Swiss Re.

Big Data, changing economy and growing populations outside of the United States are driving insurers’ strategies in 2012.

After posting its worst-ever quarterly profit slump, the world's biggest life insurer by market value announces plans to complete the issuance of $6 billion of subordinated debt this year.

Insurance smart box leverages cloud storage and online portals to monitor driver behavior.

An employee benefits lawyer for Proskauer, who attended Tuesday's Supreme Court proceedings, answers questions regarding the oral arguments and week ahead.

At Novarica’s 2012 Research Council meeting, new technology trends emerge from insights provided by insurance executives.

Link between Obama’s health insurance mandate and market reforms are critical, says Karen Ignagni of America's Health Insurance Plans.

Study finds that 98 percent of customer service representatives rated underwriter access as very important or important.

In-car video study indicates electronic device usage, adjusting controls, personal grooming and eating/drinking are the most common distracting activities for teen drivers.

NAIC report reveals that most homeowners lack documentation of their possessions in advance of a property claim.

Enterprises are lacking the enterprise tools and internal governance policies to fully harness social media data.

CIO symposium to look at ways of coping with the convergence of digital landscapes that are still emerging.

Report identifies an expansion of severe weather risk into Iowa, Illinois, Indiana, Arkansas and Louisiana.

Property/casualty sector excluded, but med-mal caps provision expected to be opposed by White House, Senate Democrats.

The insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.

Forrester survey finds that nearly three-fourths of CIOs agreed or strongly agreed that their business executives see the cloud as a way to be “independent of IT.”

Paulson, rating agencies varied in their response to The Hartford’s decision to place individual annuity business into run off and pursue divestiture options for individual life, Woodbury Financial and retirement plans.

Study proves link between effective leadership and communication, gap between expectations of leaders and their ability to deliver.

While Mexico City felt tremors, homeowners—rather than businesses—took on most of the damage.

SAS reports release of in-memory engine designed specifically for business visualization of big data on nonproprietary hardware.

The fastest growth will be seen in Latin America, where IT spending will increase by 22 percent in 2012; IT spending in North America is expected to climb to $58 billion by 2014, according to new study.