Digital Platforms

Guidewire solution designed to reduce manual billing processes, provide weekly enhancements.

Relationship designed to bring BPO and business continuity services to small- to mid-sized P&C insurance carriers.

The 2011 ACORD/LOMA Systems Forum began Sunday with vendors concentrating on familiar themes, but also placing more emphasis on mobile tech than in previous years.

Insurance Networking News is proud to present its INN Newscast. This special video edition brings you exclusive coverage from day one of the 2011 ACORD LOMA Insurance Systems Forum in San Diego.Broadcast includes: • LOMA SVP Jeff Hasty discusses the life and annuity industry’s current challenges.• Monique Hesseling, head of personal lines/small commercial segment development for Zurich and the chairperson of the ACORD Standards Committee, breaks down the organizational changes at ACORD and what this means for insurers. • Attendees answer the question: Where within your own organization have you seen the most benefits from standards use? 

AEGON, Jackson, Munich Re, Nationwide and others all released their first-quarter figures.

Solution designed to more effectively manage claims and identify fraudulent activity.

Plaintiffs allege medical treatment was wrongfully denied by USAA.

More than 40% of financial services’ senior human resources professionals identified a stronger focus on pay issues over the next 12 months than on other HR changes, according to a poll conducted by global professional services company Towers Watson. The survey respondents noted risk adjustments to financials or incentive pools as the most expected shift in pay policies, and a focus on pay issues rather than other changes, such as linkage of deferred vehicles to business unit performance (16%) or longer vesting periods (15%).

Survey shows consumers becoming markedly less apprehensive about purchasing auto policies online.

Confusing wording makes auto insurance policies incomprehensible to 36% of American drivers, according to a survey.

Insurers, government message caution as warm Atlantic waters are predicted to contribute to an active hurricane season.

Of the many claims that U.S. property insurers reported in 2010, electronics, jewelry and apparel top the list.

The new group will provide those in the life insurance and annuity market with advice on risk mitigation and financial leverage.

ProspX platform designed to streamline communication with agency’s global broker and carrier partners.

Product provides coverage for data breaches affecting up to 4 million individuals.

Pending capital requirements are altering business strategies of European-owned U.S. life subsidiaries.

Cloud and mobile markets cause spike in open software, though barriers persist, a survey finds.

Both variable and fixed annuities have seen sales rise so far in 2011, according to a LIMRA report.

A recent article identifies the types of individuals who are likely to cause internal data security problems, but many such problems are caused by folks who put themselves first.

Agency-centric insurer pays $1 billion to acquire Esurance and expand its presence on the Web.

insurance, claims, losses, disaster recovery, Chubb, Japanese catastrophe

Cloud deployment, mobile devices trending upward sharply in IBM survey of 3,000 information leaders.

Of the 49 bank holding companies involved in credit insurance underwriting, reinsurance or both in 2010, 35 experienced declines, study says.

Kasina's "Social Media Index" ranked the five most successful users of social media amongst asset management firms.

The provider of insurance to small and mid-sized technology companies supports MIT’s annual competition.

Nearly 50% of global consumers believe their financial institutions don't care about them.

New report foresees double-digit growth in the use of business process outsourcing by insurers.

Near-term challenges, deteriorating underwriting results continue to offset marginal improvements.

Improved economic conditions foster new interest in policy administration modernization projects by life carriers.

The Hawaii-based insurer will utilize the SurePower Innovation Policy Administration Suite for its new personal lines auto business.

However, women could buy a rider covering abortions, but at their own expense.

With hurricane season yet to come, P/C insurers have already taken their lumps.

Insurers may be interested to learn how banks are putting tablets to good use to aid their sales staff.

Improving technology and training are just the beginning.

COBRAAnswers.com intended to provide business owners with everything needed to take charge of their own COBRA administration.

Developed in partnership with CARFAX, the risk assessment score to helps insurers predict future loss ratios.

Meyers-Reynolds’ is said to complement AJG’s energy niche practice as well as its south central region.

Physical damage solutions to be provided through Mitchell’s WorkCenter Total Loss.

Before the end of the month, the U.S. government will seek buyers for its stake in American International Group (AIG). Nasdaq, reports the estimated value of the shares at between $7 to $30 billion.

Part of the initiative calls for greater cooperation between the Department of Homeland Security and businesses on cyber-risk mitigation.

The Centers for Disease Control and Prevention analyzed the costs of auto crash deaths by state; finds that half of all costs come from just 10 states.

Insurers applaud House Financial Services Committee’s vote but bill still faces several hurdles before it becomes law.

Big data predictive analytics provider Alpine Data Labs secures large capital boost; enters U.S. market.

Fortunately for the insurer, its booming asset management business blunted the impact.

Shockingly, there is a stunning disconnect between consumers who are increasingly concerned about data breaches and the boards responsible for preventing them.

New Milliman survey says healthcare costs for average American family have doubled in past nine years.

AIG, AXA, ING, Marsh, XL Group and others all released their first-quarter figures.

Against state-by-state challenges and plans for state-owned exchanges, health care reforms not yet having a negative impact on insurers, notes health secretary.

During the month, Allstate deployed more than 3,000 claims professionals to assist with more than 100,000 claims.

The insurer forum pulls together business and tech leaders who share a common interest in leveraging technology for business value and competitive differentiation.

The $9 billion share offering will net less than half of what had hoped for due to sliding stock price.

California tops the list in order of claims paid, according to the insurer's internal study.