Insurance

Accenture survey finds that $400 billion in insurance premiums could change hands within the industry over the next 12 months.

As Cigna this week became one of the first insurers to announce its own online marketplace — amid countless others created by brokers, consultants and tech firms — some say the definition of this concept has become muddied.

The insurers’ strategy is an unexpected consequence as the 2010 Patient Protection and Affordable Care Act, known as Obamacare, kicks into gear.

A Frost & Sullivan report finds that while merger activity declined in deal volume in 2013, the average transaction value went up.

APIs are the new big thing for technology innovation, and they literally are everywhere.

Technological advances are generating vast new sources of data that can assist carriers with better decision-making.

Insurer reaffirms its 2014 forecast citing better-than-expected Medicare membership growth.

Net income rose to $675 million, or $1.45 a share, from $581 million, or $1.24, a year earlier.

Operating profit, which excludes some investment results, was 94 cents a share.

Health plans offered through government-run insurance exchanges may be required to cover 30 percent of "essential community providers" in each county in 2015, an increase from 20 percent this year.

Five strategies that insurers are using to guide their social media efforts.

A slew of new products and data sources emphasize the speed with which the insurance industry is changing, which could threaten “fast followers,” according to Strategy Meets Action.

Farah Foustok, CEO of the business in the region, is among those leaving.

Portal available to risk managers who support specialty and large general contractors.

Book of complex property risks has grown, creating growth opportunities for team members, company says.

Strategy Meets Action Founder Deb Smallwood discusses the current landscape of collaboration, opportunities and challenges that come with it and action items for insurers.Throughout January, Smallwood details each of SMAs five next-generation technologies — analytics and big data, mobile technologies, collaboration technologies, cloud computing and telematics.To find out how the research and consulting firm came to these five, click here. No. 1: Analytics and Big DataNo. 2: Mobile TechnologiesCheck back next week for next-gen technology No. 4: Cloud Computing.

Mobile and cloud accelerate the evolution of ECM tools.

Carriers and agents have made significant progress in improving the sales process, but there’s still a long way to go.

Combined ratios fall; increased scrutiny, regulatory changes and political uncertainty rank among top concerns.

Bolt Platform is expected to enable 8,000 Citizens agents to provide multiple private market quotes.