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Why insurers are increasingly pressured to toss their hats into the policy admin ring.
March 9
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Accenture's Claim Components software to help streamline processes, better serve customers.
March 9 -
John McElroy, previously professional lines president of Allied World U.S., takes the title of COO, overseeing operations, administration and IT.
March 9 -
Five-year deal for outsourced networking via BT Connect worth $47 million.
March 8 -
The rising prices for base metals could wreak havoc not just on insurers, but on the nations critical infrastructure, reports the National Insurance Crime Bureau.
March 8 -
Worldwide reinsurance operations to be combined under single management team and unified brand, QBE Re.
March 8 -
The industry has more than 1,000 career opportunities and a direct economic impact of $6.7 billion per year in South Carolina alone, according to report.
March 8 -
First-notice-of-loss mobile application included in Ravello Solutions' claims management system implementation.
March 8 -
Insurers such as Travelers and AIG say they may have to rethink how they handle the underwriting of reoccurring natural disasters.
March 7 -
Regulatory claims tops the list of liability issues, as more than two-thirds of companies in new study report inquiring on amount and scope of D&O coverage.
March 7 -
New report sees technology disruption as the best means of offsetting economic and environmental uncertainties.
March 7 -
The Association of Management Consulting Firms recognized Deloitte's work with AIG and Interbrand.
March 7 -
The deal, the latest in a series of cost-cutting initiatives under new HSBC CEO Stuart Gulliver, includes 10-year bancassurance agreements with AXA and QBE.
March 7 -
As the insured losses from storms continue to rise, insurers may need to spread their risk, have reissuance in place and readjust reinsurance for 2012.
March 7 -
New features in pricing software to enhance predictive modeling, accuracy.
March 6 -
The Consumer Financial Protection Bureau will issue rules that would impose new limits on force-placed insurance products.
March 6 -
NexJs Integrated Agent Desktop unified the point-of-entry for 14 of the carriers external systems.
March 6 -
Banking and financial services will spend more on the cloud to meet customer needs, resulting in approximately 1.4 million cloud jobs by 2015, according to IDC.
March 6 -
The program administrators and managing general agents market is expected to grow in 2012, according to Guy Carpenter & Company survey of specialty program insurance providers.
March 6 -
The insurance industry is likely facing substantial costs again after the past week's storms.
March 5