Insurance

Accurately and consistently estimating the costs of major IT projects is critical for an IT department's and CIO's credibility.

Continued growth is expected, according to a new report from Conning, but insurers will have to deal with ongoing challenges that include hiring agents and implementing tech-savvy platforms.

GuideOne Insurance, a national niche market insurer, has deployed Guidewire’s ClaimCenter as its new claims management system. GuideOne is currently in production with ClaimCenter for its workers’ compensation line of business and is in the process of implementing its other lines including auto, homeowners, business auto, commercial property and liability in a phased deployment approach.

Software designed to help address cost barriers created by the high costs of in-car telematics devices.

SmartUBI software designed to offer a smartphone app backed by cloud-based analytics technology.

The wider market is potentially transitioning to a business model of managing multiple sources of outside capital.

Esurance has selected Modus as its telematics vendor for the DriveSense program, which is deployed across the United States. Modus is providing its full-service UBI solution including logistics, integration, application development, data warehousing and support services.

If insurers guarantee drivers’ premiums would not rise, 89 percent of recent survey respondents said they either would buy a usage-based insurance policy or are willing to consider the concept.

Insurer looks to emphasize collaboration and productivity with new software.

James Roser's experience includes insurance and IT work at Markel, Travelers and Accenture.

In a new survey, most IT executives give their organizations failing marks for handling disruptions.

Among Fortune 1,000 firms, insurers are one of the most-concerned industries when it comes to cyber threats, according to a new report by Willis North America, titled “The Willis Fortune 1000 Cyber Disclosure Report, 2013.”

The impact of weather-related hazards is dependent on, among other factors, the total insured value and annualized property value of a given area, according to a new study from Guy Carpenter.

In the second quarter, fixed annuities experienced highest quarterly sales since 2011, according to data from Morningstar and Beacon Research.

Suite designed to allow life/annuity insurers to address redundancies in data and functionality.

While investment performance varies considerably, the P&C industry continues to maintain high-quality investments with sufficient liquidity to meet and settle claims in a timely manner, according to Fitch.

Stephen Applebaum, senior analyst, Aite Group, is given 60 seconds to identify how P&C insurers are reinventing themselves around claims.

Companies will continue to work together and plan to make the defined contribution health insurance platform MyBenefits available to large businesses in a wider geographic area.

BlueCross BlueShield of South Carolina promotes two veterans to oversee technology infrastructure and applications software.

The Centers for Medicare and Medicaid Services, in a final rule setting standards for health plans operating in state health insurance exchanges, has dropped a proposed requirement that privacy and security incidents be reported within one hour of discovery, while at the same time noting it is still required by other regulations.