Insurance

Five tips for developing an intelligent big data storage system.

The newly released data software is designed to offer 1,700 attributes to support new model development and refine segmentation.

Insurance aggregation platform looks to Informatica Cloud to accelerate process automation.

Allstate and CNA report net income increases; MetLife profits plummet from derivatives losses; two other insurers announce results.

Employee benefits mobile platform upgraded to accept vision claims, provide ID card through app.

Deal representative of the trend of insurers striking deals with asset managers in a push for fee income and new investment opportunities.

The shift to digital means carriers must focus on sales and service portals, agency management and compensation systems.

Specialty insurer makes purchase in an attempt to improve claims results by supplementing its auto direct repair program.

The more an agency embraces technology and offsite/cloud storage of critical data, the better off they will fair.

Most other regions declined, as did the Marsh Risk Management Global Insurance Index, Marsh said.

The new product, called Paramount, is designed to combine property, general liability coverage into a single package.

The new version, ForeSight 6.0, is designed to have improved tablet functionality and added customization.

Front-end systems and devices for customer engagement are getting more sophisticated, but back-end integration challenges are preventing insurers from taking advantage of them, survey shows.

Among life/annuity insurers, distribution is an area increasingly attractive for analytics investments. More than half of life/annuity insurers surveyed by Strategy Meets Action say they're currently investing in analytics technology to supplement distribution.

The shift to digital means carriers must focus on sales and service portals, agency management and compensation systems.

Online distribution isn't just for personal auto anymore. Insurers are now expanding electronic application functionality to small commercial, life and annuity and beyond, leveraging business rules and third-party data to satisfy consumers and agents, expand their reach and shrink sales cycles.

Insurance can be complicated and even the best-informed consumer wants advice - from family, friends and professionals. And that's where the opportunity for differentiation lays for insurers.

Joe Nestegard fills the slot vacated by Rhett Rayburn, who has been named VP of GEICO’s southeast region in Georgia.

The technology, legal framework and customer expectations have reached a point where carriers need to implement e-signature capabilities, according to Novarica.

By a wide margin, California led in luxury car thefts from 2009 to 2012, according to the National Insurance Crime Bureau.