Insurance

Innovation is a never-ending process.

Significant hurdles have confronted insurers seeking to launch usage-based insurance programs, including a lack of standardization and the threat of patent infringement litigation. But Progressive's recent patent setbacks and ACORD's new data standards could prompt new programs.

For carriers, cloud computing offers a way to enhance and accelerate communications with agents, and agencies can benefit from better access, ease of use and efficiency gains.

The insurer will revamp five fraud-detection models and extend its relationship with SAS for two more years.

Insurers are on the front lines of the cyber risk fight and can help clients discover and leverage best practices across industries.

Claim frequency dropped for privately owned vehicles, according to an analysis from Ron Actuarial Intelligence, and can reduce insurance premiums and increases revenues.

First-quarter profit fell 27 percent as claims costs climbed at the property/casualty business.

The tool for secure access to multiple carrier sites uses an identity-based system.

Built-in configuration packs are designed to address the U.S. market and customer needs.

Float from insurance units including Geico has provided CEO Warren Buffett with funds to amass the largest equity stakes in companies including Coca-Cola, Wells Fargo and American Express.

Agents shouldn’t compete against their carriers for sales but we work with them for the benefit of their mutual clients.

The data is in: cloud is starting to make a dent in enterprise competitiveness.

Research by McKinsey and the World Economic Forum points to a widening range of technology vulnerabilities and potentially huge losses in value tied to innovation.

There's a lot of interest in creating CDO positions, but what will be their main areas of responsibility?

How many individuals and families that selected a health plan in the federally facilitated health insurance marketplace have paid their first month’s premium? Depends on whom you ask.

The application offers support for operational reporting, management information and business analytics.

Sam Medina points out the differences between updating the Finance & Accounting organization functions and truly modernizing and transforming F&A across all functions and geographies.

Many factors contributed to the success of the MetLife Wall, which enables the insurer to see a complete view of customer interactions and activities. This ability helps call center agents work with customers more effectively and also benefits research and development.

Homeowners and private passenger auto have most impact on the reserve cycle, Guy Carpenter says.

Syndicate 2232 will use the Claims and ECF Management System to support future growth plans.