Distribution

Steps for Insurers to Address the Aging IT Workforce

New app for iOS is designed to work in conjunction with the company's UBI device, providing drivers with data on daily commutes, fuel efficiency and engine diagnostics.

New platform designed to provide defined contribution participants with complete account access from personal devices, including tablets.

Among the insurers on the list, AIG sees the biggest drop-off from 2011 to 2012; during the same period, Berkshire Hathaway nearly doubled its market share in the sector.

Nissan Motor Co. plans to bring affordable, fully autonomous vehicles to market by 2020.

While most new capabilities employed by life insurers today are around mobility, focusing on better graphics and greater integration into the overall sales process, distribution innovation has been stifled.

Donald Bailey, an industry veteran with more than 25 years of experience, was chosen for the newly created position.

As the growing market in Latin America demonstrates, a large, underserved population could benefit from financial protections and offer market opportunities to insurers that innovate around product, distribution and regulation, Celent said.

The latest mile marker on the road to commoditization is being tested in supermarkets, malls, gas stations and auto dealerships.

GEICO and Progressive stand out, as policies purchased online have more than quadrupled over the past decade.