Insurance

Looking for ways to develop your skills and boost your career on your days off? This reading list from the SIM Regional Leadership Forum may be just the ticket.

The life insurer will implement a new core environment from EIS group to reach a larger customer base.

The vast majority of stakeholders see administrative waste as a cause of poor communication.

Automating document digitalization helps carriers cut claims cycle times down drastically, says Capgemini's Nathan Root.

The insurtech ecosystem includes both potential vendors that insurers want to partner with, and companies that are taking them head on, panel explains.

More insurance companies have dedicated chief digital officers than firms in other industries, says PwC.

These new companies sport telematics, AI and IoT platforms aimed at expediting claims, digital distribution and more.

The plan includes $15 billion a year in market-stabilizing funds over the next two years and $10 billion a year in 2020 and 2021, according to a person familiar with the plan.

The proposal would continue to provide cost-sharing subsidies to insurers to cover costs of low-income Americans taking part in Obamacare’s insurance exchanges at least through 2019.

Senators say the measure envisions a more gradual transition away from the ACA than the House-passed version.

The company plans to enter Tennessee in 2018 despite turmoil around the Affordable Care Act's exchanges.

Another industry alliance is forged aimed at providing driver data to insurance companies.

Still, Senate Majority Leader Mitch McConnell said he expects to provide a ‘discussion draft’ of the measure Thursday and that it likely will go to the floor for a vote next week.

Republican leaders plan to brief rank-and-file members on the details of their proposal this week, including changes to tax credits and other provisions.

Though there's less of an onus on insurers to collect driving data for UBI programs themselves, the new ecosystem has other downstream effects, say experts.

"Smart contracts" provide a shared view of policy data in real-time while helping fight fraud.

Most of the activity in P&C has been related to personal lines. But a growing body of startup activity has surfaced around commercial in the last six months.

Eligible customers can use the ExpressTrack platform to get life insurance without requiring a doctor visit, company says.

Rules-based automation will eventually give way to machine learning and AI, says KPMG.

The insurtech can scan phones' conditions remotely to determine coverage eligibility.