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Mobile opens up new avenues of interaction with customers, as well as adding a new dimension to internal operations.

Bob Pace now is VP and chief claims officer; Tim Horgan now is chief marketing officer and VP of transportation.

Western World will operate as a standalone business within Validus, led by its current management team and preserving Western World’s name and brand equity.

The platform, developed on SAP HANA, is designed to help banks and insurance firms to transform finance operations.

The application is designed to help insurers drive business growth and transformation.

When prices are relatively the same, the differentiator is now customer experience.

All companies are aware of the growing risk of cyberattacks, yet few are taking the steps necessary to protect critical information. The key? Senior managers need to lead.

This growing combination of real-time data collection from remote sources, wireless connectivity and analytics could affect virtually every aspect of insurance.

The increase in time being spent interacting online via social media channels represents one of the greatest new business opportunities of all time. But for the insurance industry, it may represent one its greatest challenges.

The U.S. Department of Health and Human Services will also hire a chief executive officer and chief technology officer for the insurance exchanges.