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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.
July 30 -
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.
July 30 -
AIG and Principal are making moves to limit their proprietary trading and investments, attempting to appease regulators just as MetLife, The Hartford and Allstate have done before them.
July 30 -
Joe Nestegard fills the slot vacated by Rhett Rayburn, who has been named VP of GEICOs southeast region in Georgia.
July 30 -
The technology, legal framework and customer expectations have reached a point where carriers need to implement e-signature capabilities, according to Novarica.
July 30 -
By a wide margin, California led in luxury car thefts from 2009 to 2012, according to the National Insurance Crime Bureau.
July 30 -
Steven Zabel, former SVP of long-term care insurance, CFO of insurance products and SVP of audit for Genworth, will oversee Unum's enterprise risk management program.
July 30 -
New unit created to provide specialty treaty reinsurance solutions on both a quota-share and excess-of-loss basis.
July 30 -
The number of legacy systems in the P&C space continues to decrease. However, the overall success rate of the replacement projects remains relatively low, according to a recent SMA report.
July 29 -
Application intended to automate policy-, billing- and claims-administration functions for auto insurer.
July 29 -
Departing his role of COO for the Insurance Services Businesses unit, Kevin Tobin will take on his new role starting August 1.
July 29 -
The midsize specialty insurer built a unified agent portal that also serves its underwriters.
July 29 -
The specialty property/casualty insurer expands its global capabilities with the acquisition, which is expected to close in Q4 2013.
July 29 -
U.S. pension funds have been key in boosting the global reinsurance markets capital base and helped reinsurers pay insurer claims arising from major disasters such as 2011s earthquake in Japan and 2012s Superstorm Sandy, according to the Casualty Actuarial Society.
July 26 -
Insured Rating designed to enable web access to rating software for the insurer's managing general agents.
July 26 -
Lack of confidence comes from not understanding their companys exposure to operational, regulatory/compliance or financial risk, according to recent survey results.
July 26 -
FAST's business processing suite designed to include application entry, case management and underwriting software.
July 26 -
Costs behind insuring the renewable energy industry could spike behind a shift to wind energy, according to a new report.
July 26 -
Auto insurance today isn't as simple as it used to be "back "in the day". Technology has changed that paradigm, making it an all new high-tech ballgame! Telematics is here, it's real, it's growing, and you need to be ready for it.
July 25
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A guide to get insurers up to speed in social spaces, which aren't going away any time soon.
July 25