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The average year-over-year increase in insurers’ 2013 IT budgets was 6.3 percent; policy admin, underwriting and two other areas consume just over half of total new project resources, according to a recent survey of 24 CIOs.

CyberOne designed to protect small commercial businesses from cyber-attacks.

The proportion of life insurers now offering e-signatures in their dealings with customers or agents has increased to 74 percent from 47 percent over the past five years, according to “Have E-Signatures Finally Arrived? An Update for Life Insurers,” from Celent, a research and advisory firm.

Industry sees improvement in pre- and after-tax income, underwriting results and combined ratio in 2012, but the improvements pale in comparison with long-term norms.

Of those currently using smartphones to make payments, 60 percent said they would increase their usage if they could track receipts, manage personal finances (56 percent), or show proof of insurance (56 percent) or a valid driver’s license (54 percent).

Survey reveals an awareness of the gap in coverage among U.S. homeowners, even as annual flood-damage costs continue to soar.

Growing staffs and catastrophe claims are not the main reasons costs are rising. Instead, severity is canceling out the efficiencies technology is creating, according to an analyst at this week's CEB TowerGroup Financial Services Technology Conference.

Acquisition provides the UK-based consulting firm with access to North American market.

Strategic planning for clients and a review of outstanding claims included in the services.

Enterprise architect extraordinaire James McGovern discusses best practices for migrating and improving policy administration systems.

The Director of the Federal Insurance Office, Michael McRaith, is calling for the submission of information regarding natural catastrophes and insurance for a report to be submitted to Congress, an FIO report mandated by the Biggert-Waters Flood Insurance Reform Act of 2012.

First-quarter earnings excluding one-time items were $2.94 a share, 56 cents higher than the average of 19 analysts’ estimates compiled by Bloomberg. Full-year profit is now forecast to be at least $7.80 a share, the Indianapolis-based health plan today said in a statement.

The managed services are designed to address safety by combining data and video analytics with real-time driver feedback and coaching.

Mobile platform developed as a companion to Web-based risk software released by the insurer last year.

Adventist Risk Management looks to improve operational efficiencies, customer experience through the purchase.

RetailFirst website contains information for current insureds, prospective policyholders and agents.

At RIMS, intellectual, intangible and other non-standard property coverage are top of mind.

The former Zurich executive and ACORD Standards Committee chair will be responsible for overseeing several aspects of standards development.

New report from International Data Corp. tracks software sales and outlines the shift toward social business and customer experience.

Service to address uncertainty in real-time data reporting by incorporating catastrophe-loss scenarios.