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Over the next few years, technology will play a vital role for commercial lines insurers as prices firm and new insurers enter the marketplace.
August 10
CIO Study Group -
Atlas General Insurance Services has completed the implementation of the FirstBest Underwriting Management System for its commercial property, commercial general liability and commercial package businesses using UMS Express, FirstBests accelerated implementation methodology.
August 10 -
Many insurers are looking to redesigning systems to better support analytics, but it may be better to develop them as separate sideline to be tested and merged into the organization when ready.
August 10
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The former Zurich exec replaces John Foley.
August 10 -
The insurer, which produces as many as 10,000 documents per day, deployed Xpertdocs CCM solution to streamline and update their billing processes, enabling control over document content and design, Xpertdoc said.
August 7 -
ADP is introducing an online service known as a private exchange that will let workers shop for insurance coverage among multiple health plans, much the same way consumers can select policies on a government-run exchange under Obamacare.
August 6 -
The insurer is offering coursework and job placement for U.S. military veterans interested in IT careers.
August 6 -
Organizations must build digital resilience to protect their most valuable information assets, says McKinsey.
August 6 -
Latest version of insurers' EACCESS portal features policyholder capabilities in addition to agents.
August 6 -
Tony Kuczinski, President and CEO of Munich Re America, takes over duties in the short term.
August 6 -
Insurance broking and risk management firm Marsh has agreed to acquire Dovetail Insurance, provider of insurance technology services for the U.S. small-commercial market. Terms were not disclosed.
August 6 -
Leader of insurers drone program will discuss her parallel journeys in insurance and flight at 2015 Women in Insurance Leadership Forum.
August 5
Digital Insurance -
Private equity investment firm Thoma Bravo LLC has acquired the provider of cloud-based straight-through processing technology for an undisclosed sum.
August 5 -
States that attempted to build their own health insurance exchange, but ended up switching to the federal version, should reimburse the government for grants to build the tech, three senators say,
August 5 -
Alan Schnitzer, 49, who leads Travelers business-and- international insurance segment, will become CEO Dec. 1.
August 5 -
Many insurers find that legacy billing technology limits efficiency for internal operations, effectiveness of customer service, the speed to market for new or modified billing features, and can be an obstacle in delivering capability to agents and policyholders.
August 5
Novarica -
Companies predict their IoT budgets will continue increasing year-on-year, with spending expected to grow by 20% by 2018
August 4 -
United Frontier now will offer agencies access to commercial business owners policy, direct bill commission statement, homeowners and dwelling fire download services.
August 4 -
As cars become increasingly hi-tech, with Internet connectivity and automated parking, braking and obstacle detection, they become more vulnerable to cyber-attack - whether by people looking to steal the vehicle, harm an individual, or carry out activism.
August 4 -
The NAICs recent and startlingly rapid moves towards a cyber regulatory doctrine are evidence of the importance and vulnerability of cyberspace.
August 4
Deloitte
