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Mobility has quickly become the most expansive, accommodating and transformational technology in the insurance industry. Just take a look at some of the bold claims circulating recently, including the title of a recent report, "The Future of Insurance is Mobility," from Forrester Research.
November 30 -
Norwood will be responsible for IT infrastructure service delivery functions along with technology solutions to support business plans for the company. According to the insurer, it will be his job to drive projects, solutions and technology portfolios to ensure stability of IT systems while managing vendor relationships. Norwood will report to the VP of IT Infrastructure, Tom Mundt.
November 30 -
The New York Insurance Association says New York Governor Andrew Cuomo’s mandate to speed the payment of the more than 330,000 claims filed by New Yorkers related to Superstorm Sandy are unnecessary.
November 30 -
Insurers' agent networks provide a natural edge in social networking.
November 30
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Broker establishes presence in Canadian employee benefits markets in Toronto, Vancouver and Calgary.
November 30 -
MobileProducer designed to enable access to accounts, policy information and more for insurance producers on the go.
November 30 -
The NAIC president comments as House Financial Services subcommittees explore the impact of new standards on the insurance industry.
November 30 -
There is a dearth of IT talent companies are scrambling to fill for 2013 and beyond, and it's not just insurers fighting over the top talent. It's any organization looking for tech-savvy employees with adept business minds. One insurance CIO offers this advice: start at the top, and the rest will fall into place.
November 29 -
As both a practice and a set of technologies, distribution management is evolving as insurers endeavor to use their data to increase organic growth and profitability, as well as to push data out to agents, producers and consumers to improve customer service through increased efficiency and self-sufficiency.
November 29 -
At a time of incredible change in the insurance industry, IT is right in the middle of that change.
November 29 -
To Improve Operating Ratios, Insurers Must Improve Risk Selection, Pricing and Processes For More Predictable Returns.
November 29 -
To become strategic assets, CIOs must learn to 'manage up,' by articulating projects' challenges and business value, securing sponsorship and right sizing expectations.
November 29 -
I was all set to sit down and start writing this last 2012 commentary about what insurers are going to prioritize in 2013 and why: more focus on the consumer, developing strategies for attracting and retaining IT talent, modernization projects, etc. However, at press time, Superstorm Sandy had just delivered a blow to the United States and the insurance industry. As I write this (a week after Sandy struck), the death toll stands at 110, nearly 1 million New Jersey and 650,000 New York City area homes and businesses are still without power, 30,000-40,000 New Yorkers may need to be relocated, flood claims paid by the National Flood Insurance Program are expected to exceed $10 billion, exhausting the program's existing $4 billion in payment authority and insured losses are estimated at $10- 20 billion.
November 29 -
While there are many advantages to moving to a digital environment, insurers are finding that to be successful, a big-picture, stepped approach is required to address compliance issues.
November 29 -
To reestablish system stability and drive efficiencies in the policy administration and finance groups, OptaComp's new policy administration system had to improve workflow, reporting and the company's ability to create and track documents.
November 29 -
While it's impossible to know what you don't know about the massive stores of data insurers accumulate, it's also possible to not understand what you know. That's where predictive analytics comes in. Vince Franz, VP and Chief Actuary, Celina Insurance Group, talked with Insurance Networking News about actuarial practices, the role of predictive analytics and how to justify the cost of such a project.
November 29 -
Aetna, among other insurers, plans to spend millions of dollars to support a group fighting to get coverage for the uninsured.
November 29 -
A survey indicates cloud decisions are being made more and more by business managers rather than, or as well as, by IT.
November 29
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After a decade of falling rates and large profit margins, a new report from Conning urges insurers to review strategies in light of a changing market environment.
November 29 -
Latest version performs five times faster than previous in comparative tests conducted by the provider.
November 29