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Under the deal, Chase agreed not to take commissions or engage in certain reinsurance arrangements with Assurant for six years.
September 9 -
Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers technology purchases, according to a report from Novarica.
September 9 -
In the past 18 months, an estimated $10 billion of new capital has entered the reinsurance market and changed the nature of the sector's capital structure, according to Capital Stewardship: Charting the Course to Profitable Growth, a mid-year market report from Guy Carpenter.
September 9 -
Commercial insurance prices rose 6 percent, continuing the trend of steady increases, according to a recent Towers Watson study.
September 9 -
The eighth tropical storm of the season could become its first hurricane by Wednesday; if it doesnt, it will be the first time the industry hasnt seen a hurricane hit land by mid-September.
September 9 -
The Montpelier Risk Institute is partnering with researchers from Canada and Europe in an attempt to keep up with evolving risks, such as climate change.
September 9 -
Kaiser Permanente and Prudential rank in the top 10 of LATINA Style magazine's 50 Best Companies for Latinas list.
September 6 -
Software providers unify user interfaces and increase focus on business intelligence.
September 6 -
Reinsurers are under pressure to shore up earnings hurt by disaster claims and low interest rates.
September 6 -
BriteCore, a policy administration system, is now supplemented by policy forms and rating information from the American Association of Insurance Services.
September 6 -
While progress in the traditional variable annuity market has been marginal, global analytics firm Cerulli Associates says there is promising opportunity in other business lines, including deferred income annuities and structured VAs.
September 6 -
Jay Woods and John Haldeman will lead the new practice from the New York office.
September 6 -
Specialty insurer turns to M&A to expand its presence in the mobile insurance market.
September 6 -
FireLight, an e-application business fulfillment platform, is designed with a mobile component as well.
September 6 -
Wildfire and flood claims were not enough to knock either sector off course last month.
September 6 -
Some of the same data analysis technologies being used by Western governments are cheap enough to be employed by financial services companies as well.
September 5
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Accurately and consistently estimating the costs of major IT projects is critical for an IT department's and CIO's credibility.
September 5
Novarica -
TransRe, a global reinsurer has selected MetricStreams federated information architecture, which is designed to support the full range of risk and compliance processes, enable multiple reporting facilities and link to existing enterprise.
September 5 -
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.
September 5 -
GuideOne Insurance, a national niche market insurer, has deployed Guidewires 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.
September 5