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As a combined average, 42.3 percent of Europeans switching auto or household insurers, or buying for the first time, did so online last year, according to Aggregation Metrics: Consumer Approaches to Insurance Comparison Sites in Europe, a research paper from Finaccord. This up from 35.4 percent in 2008, making online aggregators and online comparison sites the fastest-growing distribution channel.
February 11 -
Sue Harnett comes to the company from Citigroup.
February 11 -
The P&C sector leads insurers in mobile offerings, investments; however, life/annuity insurers are investing more in quote and buy capabilities.
February 11 -
Patent provides a method for managing the policies and security of portable devices that store data through a third-party cloud service.
February 11 -
A new report shows mid-size and large P&C and life/annuity insurers are supporting or planning to support bring-your-own-device, especially for tablets.
February 11 -
Veteran of more than 10 years at the insurer, Todd Petit will handle actuarial interface with IT and product development.
February 11 -
See which insurers Superstorm Sandy hit the hardest, as Allstate, Prudential and four others release fourth-quarter and year-end results.
February 8 -
Data experts challenge the basic framework for big data programs.
February 8 -
Insurers can expect winter storm loss damages to return to normal after this weekend.
February 8 -
Analysis from HealthPocket Inc., a health insurance information site for consumers, shows that health insurers have some work to do in the areas of out-of-pocket expenses and transparency. The analysis indicates that 38 percent of plans did not disclose their deductible within its annual out-of-pocket limits, concealing the full amount a person could pay if the “Summary of Benefits” was not read carefully. Once these deductibles are factored in, many plans are not compliant with the Affordable Care Act (ACA).
February 8 -
Stephanie Bush, who has spent most of her career with The Hartford, will return as SVP, small commercial product and underwriting; Rick Newell also named head of small commercial sales.
February 8 -
FFVA Mutual Insurance buys into Valen's predictive analytics suite in an attempt to bolster its underwriting performance.
February 8 -
Technology is poised to shake up the auto insurance marketplace; industry veterans discuss how and when that will happen.
February 7
Celent -
These 8 pillars provide the competitive advantage every insurer is looking for in the post-digital era.
February 7
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Recent survey reveals cyber risks to be the biggest business concern; insurer develops mobile app in response.
February 7 -
A.M. Best says outlook stable for personal and reinsurance, commercial lines negative.
February 7 -
Insurers reluctant to engage catastrophe-prone property and workers' comp business in Q4 2012.
February 7 -
Eleven life insurers, including AXA Equitable, USAA and Metlife, were recognized for their efforts and successes with their online tools and/or website features.
February 6 -
Eleven P&C insurers, including Allstate, Liberty Mutual and State Farm, were recognized for their efforts and successes with their online tools and/or website features.
February 6 -
Top tech talent isnt necessarily out of reach, you just need to know where they're hanging out and what challenges they're looking for.
February 6