The Latest

Remembrance Life designed to offer death benefits in a variety of ways.

Growth strategies aimed at baby boomers may be losing their effectiveness among younger consumers, as the population becomes more racially and ethnically diverse, according to “Life-Annuity Consumer Markets Annual,” from Conning. Additionally, generational attitudes toward financial services products and technology are not only different, but evolving.

As the market responds to the Affordable Care Act, group and voluntary benefit insurers must externalize IT architecture, billing and enrollment systems to be successful with and in health insurance exchanges, according to study.

Insurers are going to have to double down on efforts to attract and retain technology talent, before they're absorbed elsewhere into the digital economy.

Maryland Automobile Insurance Fund also to use STG Insurance Content Designer and Content Manager tools.

Analytics teams must be based in business and ready for “chaos” as an agile response to the ongoing shift in sources and certainty of business data, according to International Institute for Analytics faculty member Mike Lampa.

National Life Group has selected iGO e-App to automate the marketing, selling and processing of its diversified life and annuity products.

The directors and officers (D&O) liability insurance marketplace is in a state of transition, characterized by a firming market, according to the “2012 Directors and Officers Liability Survey,” conducted by professional services company Towers Watson.

Cyber coverage levels also increased according to the report. Across industries, limits purchased in 2012 averaged $16.8 million, a 20-percent increase over 2011. Communication, media and technology companies led other industries in terms of average limits purchased, at $33.4 million, and the rate of increase, which was nearly 36 percent.

Andesa Services Inc., a provider of policy and plan administration solutions for life insurance and annuity carriers and producers, launched the Integrated New Business Portal, a web-based tool designed to increase efficiency and data accuracy in insurance enrollment and new business processing.