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Talon designed to help the reinsurer target and price new markets.

Model designed to provide commercial insurers with loss prediction of small business owner risks.

Some call it nostalgia. Others call it stuck in a bygone era. No matter which, we all have to come to terms with the fact that the world has changed due to technology and we all need to evolve or be lost in history.

Agent and consumer portals, business intelligence and core systems revamps are top priorities, as personal lines insurers concentrate on growth, expense reduction and improving underwriting results, Novarica says.

Ernst & Young surveyed 65 insurers from around the globe asking them to rank the top 10 risks and opportunities in the industry. When it came to opportunities many are already within reach; some involve using new requirements from regulators to create competitive advantage by embracing enterprise risk management (ERM) or re-optimizing capital structures. Others involve employing new technologies to turn huge amounts of data into a comprehensive understanding of customer needs that can underpin the launch of new products.One key finding of our survey is that companies are now renewing customer focus to meet demand one individual at a time. Click through for the aggregated list of top opportunities in the industry now, and for how insurers thought they would rank the opportunities in 2015.Photos courtesy Fotolia

InVEST scholarship winners represent 18 schools and hail from California, Connecticut, the District of Columbia, Florida, Illinois, New Hampshire, New York, Ohio and Virginia.

Berkshire to pay $285 million for variable annuities business, as The Hartford continues to divest in an attempt to focus on property/casualty operations.

Karlyn Carnahan, principal, Novarica, is given 60 seconds to identify the technologies that currently should be top of mind for workers’ comp insurers.

Where once underwriters called the tune, it is now the distributors who have leverage and are setting the ground rules.

MyFirstAm designed to provide users with access to title order status and the ability to place customer service requests.