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After purchasing ClaimCenter from the provider five years ago, the insurer is also implementing Guidewire's billing, client data management and policy administration systems.
August 9 -
Coverage Counselor is designed to help consumers understand how their personal circumstances impact their insurance premium and enable them to compare different levels of coverage.
August 9 -
One way to practically screen for potentially significant threats is to evaluate prospective ones against an insurer's exposure concentrations.
August 8
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In July, severe drought and heat waves effected great swaths of the United States, causing billions in insurance losses, according to Aon Benefields July 2012 Global Catastrophe Recap. Up to 64 percent of the continental United States is experiencing at least moderate drought, according to the National Climatic Data Center, and half of all U.S. counties have been declared disaster areas.
August 8 -
The Innovation Group plc released a new version of Insurer Analytics, which includes new functionality for policy analysis, insurance analytics, usability and extract/transform/load (ETL) process. The new version is designed to enable users to measure, monitor and manage and uncover insights and opportunities.
August 8 -
Spreadsheet Workbench purchased by insurer in an effort to meet Solvency II requirements.
August 8 -
Company expands executive risk claims team in Atlanta office.
August 8 -
The number of insurers looking to increase staff is now at the highest level since July 2009, according to The Mid-Year Insurance Labor Market Study, produced by Jacobson Group, an insurance staffing company, and Ward Group, an insurance consultancy. The majority of insurers, 54.5 percent, intend to increase staff this year, compared to 51 percent in January; and the number expecting to increase revenue is 78.4 percent, up from 69 percent for the same period.
August 7 -
Insurance is among the industries found to have significant scanning requirements due to a continued reliance on paper, according to a recent survey.
August 7 -
Announcement of another state review comes days before NAIC's hearing on force-placed insurance slated for Thursday.
August 7
