Digital Platforms

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.

Majority of U.S. employers expect benefits technology to surge as improvements in cost management, functionality and efficiency become a priority.

Placing its individual annuity business into runoff, The Hartford is pursuing the sale or "other strategic alternative" of its individual life, Woodbury Financial Services and retirement plans businesses.

Defaults on insured bonds are putting pressure on insurers that never fully recovered from the last decade's financial crisis.

Progressive companies say benefits help retain employees, increase employee productivity, and help attract talent, according to survey results.

Insurance IT budget decision makers believe technology is critical to serve, support customers: Forrester.

Three new products attempt to leverage the vendor’s acquisitions into a large market share of analytics innovation.

For dealing with the immense complexities behind regulatory and risk concerns, static data and spreadsheets may not cut it.

Responding to business requests for focus on growth and profitability, insurance CIOs are prioritizing core and back-office systems initiatives, including new business/underwriting, according to Celent report.

According to a new survey, cost containment leads employer concerns in 2012; safety also a worry.

If 2012 CAT losses continue to increase, the required payouts could deplete the capital base of insurers forcing them to merge or be acquired, according to report.

Seven state insurance commissioners among 15-member Federal Advisory Committee on Insurance; meeting agenda not set.

Its Replicated Stratified Sampling financial modeling tools and techniques are designed to work with an insurers' existing models and actuarial software.

USAA, The Hartford and Kaiser Permanente score highest on net promoter score study; Aetna and Anthem the lowest.

Automakers’ recent move to incorporate smartphone hubs into production and the recent outcries against distracted driving could put insurers in precarious position.

Deloitte study reveals 18- to 34-year-olds more likely than those 51 and older to change insurance carriers, access high-tech options for customer service.

Application designed to let insurers analyze social media, among other sources, for customer sentiment, claims and fraud issues.

A full 92 percent of survey respondents say they'll expand data storage capabilities.

State's insurance commissioner claims excessive premiums were collected, calls for review of coverage.

Focusing on cat modeling, Praedicat will be based on long-term research and development projects started at the parent companies.

Growth of both variable and fixed annuity sales were challenged in Q4; overall, VA saw 13-percent growth, while fixed slipped one percent.