Core systems

Four industry standouts landed in the top 10 of FlexJobs’ Top 100 Companies for work-from-home opportunities/telecommuting jobs in 2013.

In newly created position, Denise Garth will be responsible for launching the firm’s innovation practice.

Business interruption and natural catastrophes pose the biggest threats, according to the Allianz Risk Barometer; for the first time, cybercrime and reputational loss enter the top 10 risks in United States.

The patient-mix is important to health insurers that would have to decide by the end of May whether to keep selling exchange plans in 2015.

Insurer launches AIG Financial Network financial services group and revamps its process for new advisors to include best-in-class systems for testing and training, as well as onboarding securities-licensed financial advisors.

Through a a one-year contract, with an initial payment of $45 million, Accenture will take over construction of healthcare.gov.

Health insurers are in a tough place; asking the administration for a break is almost begging members of both parties to beat the snot out of them, but unless the administration bails them out they look set to lose quite a bit of money next year.

In a recovering economy and armed with strong capital positions, life insurers and annuity providers should take the opportunity to become more customer centric through technology innovation, industry experts say.

While affirming its 2014 profit forecast, insurer said it was evaluating expectations for the new year.

5 Areas of Increasing IT Investment

In a stabilizing economy and armed with strong capital positions, P&C insurers should increase their focus on establishing competitive advantage through innovation, according to Deloitte.

RSA Ireland CFO Rory O’Connor and Claims Director Peter Burke were dismissed yesterday, the London-based insurer said in a statement today.

More than $1 billion will be invested in the IBM Watson Group, including $100 million in venture funding for businesses that develop applications based on the technology

Exigen's suite of core systems is intended to improve operational efficiency, product distribution management and customer service.

Despite higher administrative costs and uncertainty associated with HIX rollouts, A.M. Best forecasts top-line growth of as much as 5 percent.

A challenging operating environment, higher consumer expectations and tougher competition are rousing insurance IT outsourcing, according to Everest research.

Insurance AO Activity Doubles

In 2012, the overall market declined however, as did contract values and duration, according to an Everest Group report.

Insured losses declined to about $31 billion, the Munich-based company said today. That compares with $65 billion reported for 2012.

‘Front Office Suite’ to help underwriting, service and agent teams to submit, evaluate, quote and close business.