Core systems

Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers’ technology purchases, according to a report from Novarica.

In the past 18 months, an estimated $10 billion of new capital has entered the reinsurance market and changed the nature of the sector's capital structure, according to “Capital Stewardship: Charting the Course to Profitable Growth,” a mid-year market report from Guy Carpenter.

Commercial insurance prices rose 6 percent, continuing the trend of steady increases, according to a recent Towers Watson study.

The eighth tropical storm of the season could become its first hurricane by Wednesday; if it doesn’t, it will be the first time the industry hasn’t seen a hurricane hit land by mid-September.

The Montpelier Risk Institute is partnering with researchers from Canada and Europe in an attempt to keep up with evolving risks, such as climate change.

Kaiser Permanente and Prudential rank in the top 10 of LATINA Style magazine's 50 Best Companies for Latinas list.

Reinsurers are under pressure to shore up earnings hurt by disaster claims and low interest rates.

While progress in the traditional variable annuity market has been marginal, global analytics firm Cerulli Associates says there is promising opportunity in other business lines, including deferred income annuities and structured VAs.

FireLight, an e-application business fulfillment platform, is designed with a mobile component as well.

Wildfire and flood claims were not enough to knock either sector off course last month.

TransRe, a global reinsurer has selected MetricStream’s federated information architecture, which is designed to support the full range of risk and compliance processes, enable multiple reporting facilities and link to existing enterprise.

Continued growth is expected, according to a new report from Conning, but insurers will have to deal with ongoing challenges that include hiring agents and implementing tech-savvy platforms.

GuideOne Insurance, a national niche market insurer, has deployed Guidewire’s ClaimCenter as its new claims management system. GuideOne is currently in production with ClaimCenter for its workers’ compensation line of business and is in the process of implementing its other lines including auto, homeowners, business auto, commercial property and liability in a phased deployment approach.

Esurance has selected Modus as its telematics vendor for the DriveSense program, which is deployed across the United States. Modus is providing its full-service UBI solution including logistics, integration, application development, data warehousing and support services.

If insurers guarantee drivers’ premiums would not rise, 89 percent of recent survey respondents said they either would buy a usage-based insurance policy or are willing to consider the concept.

Insurer looks to emphasize collaboration and productivity with new software.

Among Fortune 1,000 firms, insurers are one of the most-concerned industries when it comes to cyber threats, according to a new report by Willis North America, titled “The Willis Fortune 1000 Cyber Disclosure Report, 2013.”

The impact of weather-related hazards is dependent on, among other factors, the total insured value and annualized property value of a given area, according to a new study from Guy Carpenter.

In the second quarter, fixed annuities experienced highest quarterly sales since 2011, according to data from Morningstar and Beacon Research.

Suite designed to allow life/annuity insurers to address redundancies in data and functionality.