Distribution

A watershed year is shaping up for insurers and their use of technology, and IT/business relations are more important than ever.

Board members should raise nine critical questions when discussing technology strategy with IT and business managers.

The Hartford has launched Private Choice Ovation, a package policy for private company management liability, extending coverage to private securities fundraising techniques, reimbursement for notification costs and expenses related to a data privacy breach and optional defense cost sublimit for wage-and-hour violations

General liability is most likely to be purchased online, workers’ comp is the least likely, according to a new study from Deloitte; majority of shoppers expect modest discounts.

Product designed to enable life/annuity insurers to automate processing of insurance applications that include natural handwriting.

United Fire Group has selected the Jarus Mobile solution for the implementation of self-service mobile applications for its agents and policyholders.

The Affordable Care Act has had the unintended effect of boosting developing private exchanges markets where uninsured consumers compare and purchase high-deductible health insurance plans (HDHPs), according to Aite Group. As a result, the U.S. has 75 million HDHP consumers who have a serious reason to be more price-sensitive than traditionally insured consumers, the research firm said in its report, “Transparency in Healthcare: A New Market.”

Low interest rates continue to weigh on the annuity industry, but sales of deferred income annuities increased 150 percent compared to last year and set a fifth-consecutive record high in Q1 2013, according to the “Beacon Research Fixed Annuity Premium Study.” Overall, income annuity sales grew 1.4 percent year-over-year.

Software deals among all insurers show year-over-year growth in 2012 after three years of slight declines, according to a set of new reports from Celent.

FormsinMotion designed to be compatible with tablets.