Digital Platforms

Topics address two critical issues facing the insurance industry: the credit crisis and new business models in new markets.

Insurer voting is in progress as INN and Celent partner on INN’s 3rd annual ranking of tech solution providers.

Association letter says that financial crisis reaffirms efficacy of state-based regulation.

The solution provides life insurance agents with access to mission-critical business processes for policy placement in a completely electronic environment.

New protection for mid-sized customers covers range of professional and pollution liability exposures

The tool will help Ironshore accurately assess the potential damage and loss from fire, smoke and water to properties in its portfolio.

The association says the role of rating agencies in financial meltdown warrants consideration.

The office in central Beijing will be headed by Zifa Wang, an earthquake engineering expert who joined RMS from the China Institute of Engineering Mechanics.

Risk Management Solutions estimates U.S. onshore and offshore insured losses from Hurricane Ike at $13 to $21 billion.

Fitch estimates that capital (and reserves) needed to support the variable annuity business in the United States has increased by up to $15 billion during 2008.

The site is designed to provide easy navigation and access to ACE Westchester’s online quote-and-bind facility specifically tailored for its key inland marine product offerings.

At INN's Insurance Business Analytics conference last week, insurers weighed how best to implement and leverage business analytics.

TowerGroup points to economic, market and regulatory volatility as the No. 1 business driver for financial institutions.

Attorney General of the State of New York sends a letter to AIG CEO stating that the insurer take action on exec payments.

Kaiser Permanente announced it has 22 hospitals, serving 4.8 million members, using electronic health records (EHR).

Aetna members will be able to log into their Aetna PHR and transfer information to a new HealthVault account.

Survey results from Fiserv Insurance Solutions also reveal that the top three most important technologies for insurers are service-oriented architecture, business process management and data accessibility layer technology.

After a trying third-quarter for the industry, insurers need to contemplate their risk management culture.

Insurance.com’s RateWatch for Car Insurance found that the lowest car insurance quotes, on average, were up 3% over the previous quarter.

If the stock market doesn’t recover from steep losses precipitated in recent weeks, the surplus decline could approach $80 billion, or 15%, by the end of the year, according to global professional services firm Towers Perrin.

The Annual State of the Market Report included a new feature this year, a compilation of organizations that excelled at providing value to the business community.

The majority PricewaterhouseCoopers' survey respondents said they could do more to reduce the chance of future industry instability. However, the survey also revealed a desire for greater transparency to accurately measure exposure to risk.

Insurers have until November to weigh in on proposed annuities changes.

A letter to the SEC chairman says calls to suspend fair value accounting are misguided.

ImageRight credits quick implementation and ROI as factors influencing its latest wins.

Bank holding companies see increase in insurance revenue.

Rater says balance sheet issues to become more acute.

An agreement with New York Attorney General addresses the issue of executive compensation.

ACORD, the insurance standards body, contends brokers and supervisors can advance their new solvency regime efforts by utilizing existing standards for data and information flow, internally and externally.

New York's Attorney General is investigating what he contends is "unwarranted and outrageous" spending by AIG in the face of the government's $123 billion bailout.

In a letter to the new CEO, the former CEO says the current bailout terms will force a fire sale and sink the company.

Slow but moving forward, insurers’ IT plans are based more on operational effectiveness and support for growth than on a weak economy, says Novarica.

Participants say the initiative will provide significant improvements for insurers using ACORD standards.

A new survey ranks 250 insurers according to ease of doing business.

The acquisition will enable York Programs to offer nationwide loss control to its existing program partners.

SEC chief says new oversight a necessity.

A recent study reveals that small business owners are unfamiliar with the risks involved in workers’ compensation insurance from self-insured groups.

C. Brett Nilsson, David Daniel, Mike Miley and Tom Minkler will navigate Big "I" members through the current uncertainty wracking the nation during this economic crisis.

New Celent report says insurers need to get bigger, leaner and smarter.

The Fed plans to use bonds from AIG’s life business units as collateral for the latest bailout.

A new study from Norvax Inc. says that while many consumers look, few buy health insurance online.

Agencies continue to cautiously grow despite shaky economy.

Anti-money-laundering systems vendor Norkom Technologies is teaming with IBM to deliver a more comprehensive approach to combating financial crimes.

BancorpSouth is one of many bank-owned insurance agencies that's struggled through a cycle of low commissions the past three years, but is now bucking the trend.

The former AIG CEO bailed on his appearance at a House committee hearing due to illness.

Insurers that do not innovate will not realize success until they fully recognize, embrace and apply innovation to a “customer is king” approach.

Dr. Akshay Gupta will be responsible for managing and developing the Catastrophe Risk Engineering practice.

Red Herring and Deloitte recognize Camilion in their annual rankings.

Seeking $2.5 billion, The Hartford Financial Services Group Inc. references impairments on its investment portfolio, with approximately 75% related to investments in the financial services sector.

Insurance industry voices its displeasure at Schwarzenegger’s veto.

The move to establish an optional federal charter for insurers should proceed, author says.

Chosen for her depth of carrier-specific insurance enterprise IT experience, Karlyn Carnahan, CPCU, reflects the industry’s latest analyst traffic.