Digital Platforms

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.

Former CEO Maurice “Hank” Greenberg says the insurer’s current strategy may hurt the company when P&C insurance prices decline.

The number of HSAs and HRAs increased to 5.7M in 2010, up from 1.2M in 2006; assets in these plans jumped to $7.7B in 2010 from $835.4M in 2006.

Underwriters had their work cut out for them last year trying to figure out these vehicular advancements.

IRI study finds room for growth as consumers remain unfamiliar with benefits of annuities.

Advocacy group alleges Allstate received an extra $20 million in premiums per year in California from its Your Choice Auto program.

The insurer takes its second stab at selling Nan Shan Life Insurance Co. Ltd., agreeing to a deal for $2.16 billion, pending regulatory approval.

Company says it will exit market to allocate resources elsewhere.

Saugatuck research shows cloud may comprise 65% or more of all new enterprise IT investments by 2015.

The NexJ solution is designed to integrate lead and contact info from multiple systems to provide a single view of the customer across the enterprise.

Insurers may be interested to learn how one financial institution is combating sophisticated malware attacks.

To say that small insurers have been hard hit by the recession is an understatement. Representing approximately $71B in direct premiums, the sector faces constraints affecting long-term growth. As most analysts will agree, the small insurance business market has been squeezed in a contraction not seen in decades, and in spite of expectations to the contrary, the market has not regrouped in 2010.

Share price of insurer expected to dip as newly announced warrants, government shares begin trading.

All four agencies withdraw ratings of AIG subsidiary, Fitch affirms New York Life, Moody's affirms State Farm Life Insurance Co.

MetLife's annuity is the only deferred variable annuity with a living benefit distributed through Fidelity.

A.M. Best maintains stable rating outlook on life/annuity and property/casualty personal lines, but sees commercial lines lagging.

Banks’ sales of fixed and variable annuities remained largely flat in November.

Insurer to use the ISCS policy administration product in its personal auto business.

American International Group agreed in to pay $450 million to settle litigation with rival insurance companies, but Liberty Mutual isn’t one of them.

Gartner outlines four major areas for disruption.

News of the impending recapitalization caused the insurer's shares to hit their highest levels since October 2008.

Next generation technology seems to be a savior, and a challenge, to insurers trying to respond to the changing behavior and expectations of the customers who embrace it.

The IRS will not require insured plans to comply with nondiscrimination rules until further guidance has been issued.

IIABA says agent commissions should be excluded from calculations of non-claims costs.

Genworth discontinues retail and group variable annuities, while Western & Southern and Allianz put faith in new variable annuities.

Insurers may be interested to see how the bank is leveraging new technology to converse with customers online.

The insurer's banking arm aspires to be a "material competitor" to the "top four" mortgage lenders.

How can insurers protect privacy when insureds place so little value on it?

TPG Capital acquired the residential and commercial property valuation technology provider.

Based on input from employees, Northwestern, Travelers among top 50.

New study shows that mean compensation for IT pros increased since last year.

National Insurance Producer Registry add states reaches 100-million transaction milestone.

European insurers need to be become more cost-efficient to counter stagnating premiums.

A global panel of consultants and senior executives, some of whom work with insurance industry clients, say that building the project manager’s (PM) influence, accelerating new leadership and communication skills, and increased use of informal learning approaches such as social media and experiential training are among key themes for 2011 project management professionals. The global panel of experts was assembled by ESI International, a subsidiary of Informa plc that delivers consulting and education services, to identify top trends for 2011.

Best-in-class, high ROI ERP implementations do not always cost more if well managed, Aberdeen research finds.

We know mainframes can take a pounding, but they also need to be responsive and Web-aware.

U.S. carriers comprise only 20% of A.M. Best's annual list of largest insurers ranked by total assets, and just 36% when ordered by net written premiums.

State Auto Insurance Cos. and Guidewire Software today announced that State Auto selected Guidewire ClaimCenter as its claims management system. State Auto will deploy ClaimCenter for all of its lines of business.

Under the rule, ONC will select one organization to accredit entities wishing to become a health IT certification body.

In the year to come, popular sentiment will push wireless device growth in insurance/financial services, but increasing security problems will push back.

Despite the prevalence of the trusted adviser model, relationships are expensive and at low premium levels, not worth the investment.

Registration for Medicaid MU programs in 11 states started this week.