Insurance

Many businesses are not yet alert to the risks of an attack on their computer systems, Beal says; cyber insurance can cover loss of future revenue and assistance to get systems back up and running.

The challenge for today’s insurers is to keep pace with the rising demands of real time product development.

The longer insurers wait to pursue a policy admin transformation project, the less likely it is that they will gain a competitive advantage with their upgrade.

The insurer has expanded into call center distribution through LifeQuotes.com for the Express product.

P&C insurers’ budgets remain limited and focused on upgrades of core capabilities, according to Novarica report.

Celent research indicates that deal volume between insurers and software vendors is up 47 percent in 2014 compared to last year.

The P&C insurer will use Uplink to help reduce data entry for commercial lines business.

An increasing number of thieves now are using stolen identification to steal cars; NICB hopes to increase public awareness and thwart these crimes.

Policy admin is a core function for insurers, but firms have taken a variety of paths in their quest for maximum efficiency.

Assigning blame shouldn’t be the only strategy you have in case of a major data breach.

When it comes to business transformation, once is not enough.

The Fed wanted to get control of AIG quickly due to concerns an attorney for the insurer might try to re-negotiate the rescue terms.

'Zero negatives' at Farmers Alliance; program stands out in part because the company has chosen to introduce a mobile app first to independent agents rather than to its policyholders.

Oracle extends its portfolio of cloud offerings with new cloud service for the insurance industry.

Minnesota agents and brokers can access Medica's My Plan and Blue Cross and Blue Shield of Minnesota's Benefits Hub.

Accenture’s ALIP application is intended to help AIG accelerate new product introductions, reduce costs and prepare for growth.

Motorists will use InsuranceSuite for underwriting, claims management, billing, and rating and policy administration.

Spending for healthcare.gov and related programs, including at the Internal Revenue Service and other federal agencies, exceeds cost estimates according to Bloomberg Government analysis.

Software provider says the new centralized distribution platform is intended to meet agents’ and policyholders’ expectations for online quoting, binding and self-service capabilities on any device.

Insurers are at a moment when their technological capabilities can be used to improve many of the legacy issues plaguing the industry.