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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.

HCC says the Construction Property Risks Division will expand the company's specialty focus by developing its underwriting capability in builder's risk insurance.

Cross Insurance, subsidiary of Cross Financial Corp., announced Hugh Devlyn has joined the company as a benefits producer. Devlyn is charged with building a world-class employee benefits practice for middle market employers, the company said, and providing clients with a full range of employee benefit services and solutions, including, health care cost containment and data analytics, population health management, compliance, communication, benchmarking, benefits administration and human resource services.

The majority of insurance software sales in Latin America consist of core systems sold to new customers and smaller insurers, according to “Latin American Insurance Software Deal Trends 2013, Life/Annuity/Health and Property/Casualty Editions,” from Celent, an international financial research and consulting firm.

Partnership with ARX enables cloud-based electronic transaction solutions.

Ingenie, an auto insurer targeting young drivers, has selected SAS Office Analytics to analyze large volumes of data on driving behaviors and patterns in an effort to improve customer pricing accuracy and insurance premiums.

While automated underwriting and insurance bundling is a likely future for the industry, AIG Casualty SVP Salvator Branca says there are several attendant concerns.

The Healthnation system is expected to perform various financial management functions, including invoice generation, invoice aggregation, premium collection, premium processing and disbursement.