Digital Platforms

As he continues to battle cancer, American International Group’s Robert Benmosche says he will stay on as chief executive until 2012. In a statement, Benmosche, who says he is responding very well to “aggressive chemotherapy,” said he expects to work another 12 to 18 months before retiring. Benmosche took the helm at AIG in August 2009 as the company began selling assets to repay the U.S. government for $182.3 billion in assistance in received in 2008, including $40 billion from Trouble Asset Relief Program (TARP).

Insurers may be able to learn from banks platform integration problems.

The finance and insurance industries reported the strongest plans to hire, followed by industries producing goods.

New data from RIMS shows overcapacity still depressing premiums.

A bomb exploded in Moscow’s largest airport, Domodedovo, this morning, reportedly killing 35 people and injuring more than 180. The blast is believed to be the work of a lone suicide bomber terrorist, who detonated 15lbs of explosives inside the arrivals hall, an unsecured area that allows people to enter freely to meet passengers.

A new report says smartphone users are more likely than PC users to fall victim to phishing and providing confidential information.

Sales collaboration platform reaches 20,000 participants; company launches InsiderConnect.

Independent agents are the most-promising channel, while career agents the highest-rated, according to ICMG survey.

Insurance technologists must articulate the case for change when replacing core systems.

Earthquakes and climate change-related events among the 373 disasters recorded last year, says the United Nations.

Exhaustively and expensively produced, the Jeopardy-playing computer has jaded observers proclaiming a new, powerful, constructive digital interactivity.

The study found that many investors are confused about the roles of brokers and advisors, and are unsure of their protections when they receive advice.

2011 is just another year for advancement and increased profits for fraudsters unless insurers develop a strategic resolve to hedge the threat, according to Detica.

The Diamond System to process non-standard auto insurance business in Illinois, Indiana.

House Financial Services Committee says its first hearing will be "Promoting Economic Recovery and Job Creation: The Road Forward."

Aflac, USAA make the cut, but analytics vendor SAS ranks No. 1.

AXA China Region Insurance and Tokio Marine & Nichido, Fire Insurance Co. are a few of many insurers effectively using technology, analysts say.

Review mandated by Dodd-Frank Act recommends no additional oversight for financial planners.

Tech refreshes continue to keep administrators up at night; cloud migration continues.

Against the backdrop of this week’s House repeal, more PPACA funding is made available to the states.

Nominations for best practices section of program extended to January 25.

The repeal bill will now be sent to the Senate, where, say pundits from both political parties, its prospects appear to be unlikely.

The presidents of the U.S. and China say the right things, but details, as usual, are sorely lacking.

PIA says mandated study is a Trojan horse for expansion of federal oversight.

Nearly half of Gen Y survey respondents plan to start their own business in the next five years, and they’ll be targeting tech-savvy insurers for coverage.

Insurers may benefit from the $250 million research and development partnership.

Outsourcing popular, cloud blocked by legacy infrastructure, execs unimpressed with social media, study says.

Nationwide will begin deployment of ClaimCenter in its commercial and personal auto lines.

As systemic risk regulations are promulgated, PCI says insurance expertise needed on oversight council.

As key to competitive advantage, LOMA calls technology called a game-changer.

The Financial Stability Oversight Council's studies and proposals on a host of critical topics are detailed, but don't hint at possible final regulations.

While life insurance and annuities made modest gains in 2010, the industry is far from healthy, warns Aite Group.

Insurers consider private security options as pirates hijacked a record number of ships in 2010.

Consequences of regulatory reform and the need to replace aging infrastructure among top challenges facing sectors.

Catalan system sifts through large volumes of data to find patterns of interest.

Karen Clark & Co. study finds that near-term models can't credibly project insured hurricane losses.

UK car insurance costs climbed 38.2%, according to Confused.com research.

Benmosche: We recognize that we have to stand on our own and meet the expectations of the marketplace.

WatchGuard analysis notes spikes in data center fortification, malware as-a-service attacks.

Underwriting and billing solution designed to help carriers quickly respond to business demands and offer broader product range across distribution channels.

Employee benefits software developer named best eBusiness site from more than 1,300 entries at eHealthcare Leadership Awards.

ProductAuthority designed to provide cost-effective, less-risky solution to full policy admin replacement.

Insurers may be interested to keep an eye on how banks navigate the still uncharted social media waters.

New Novarica reports say carriers have access to a broader range of business process outsourcing options than ever before.

New report states the industry has created enormous value since 2002, signaling a paradigm shift that should lead to improved and sustainable results.

Aon Benfield Securities latest insurance linked securities study predicts a strong outlook for 2011.

Economic disparity and global governance failures are central risks in the global risk landscape, exacerbating and driving a range of other risks, notes a report issued by the World Economic Forum.

After what seemed like a lull over the holidays, spammers are back at it with renewed gusto, and social networking sites offer fertile ground for growth.

Property/casualty insurers will need to leverage analytics to alleviate pinch from soft market and low investment returns, says Ernst & Young.

Thanks to new distribution channels and self-service options, insurer IT spend drivers shifting from cost control to growth-enabling.

New report examines what carriers can do get the most out of today’s technology.

The forms are introduced in a new class of coverage in the advisory organization's Inland Marine Guide.