Insurance

More than eight out of 10 P&C executives say their current systems are not able to embrace new opportunities. The question is, what will replace them?

Insurers increasingly concerned about the expanding scope of regulation, escalating compliance costs and risks from privacy violations and breaches of network security.

Insurers will need to look to technology to focus on products and features, while overcoming a complex set of processes at the back end.

Company reports that about $340 million in payments have been made as of November 26.

GEICO has announced iPad application updates designed to make it easier for customers to conduct business and learn about their policies.

William Lawrence brings 26 years of experience in underwriting, service, sales, contract development and consulting.

American pre-retirees are not taking retirement planning seriously, according to a LIMRA study. Twenty-five percent of the 33 million U.S. pre-retirees, surveyed, said they felt “very prepared” for retirement, down from 30 percent of those surveyed in 2010.

New version prioritized configuration capabilities and the needs of the business user during redesign.

Industry continues to benefit as home inventories and distressed sales decline and prices stabilize.

Michael Del Secolo has been promoted to SVP and CTO, responsible for guiding the development of the company’s technical strategy, research and innovation.

Of the myriad technologies that engage and empower the distribution network, it’s strategic, not transactional, management efforts that win the day.

Predictions from Gartner outline a sprawling enterprise technology infrastructure that includes more SaaS, BYOD and outsourcing.

Former Arthur J. Gallagher VP hired as a principal.

Given the allure of tech startup culture and the increasing importance of IT in all aspects of the enterprise, hanging on to tech talent is more difficult—and more important—than ever.

Employee benefits and P&C firm will operate as a subsidiary of Northwest Savings Bank.

Michael Babikian has been promoted to president and CEO of Transamerica Brokerage, a distribution unit of the Life & Protection division of Transamerica. Previously Babikian was EVP, chief marketing officer, brokerage, and chief product officer. Babikian replaces Marty Flewellen, who was promoted to chief distribution officer.

Michael Babikian will serve as president, CEO in the Life and Protection division, replacing Marty Flewellen.

Estimate only includes aid provided so far and could rise in the coming weeks.

Only a few days left to vote in the seventh annual Vanguards in Insurance Practices awards program, which uncovers the best of the best in insurance innovation among both technology users and providers.

New BI survey asks which data endeavors executives plan to push forward in the next year.