Core systems

The level of property and casualty cover taken out by Italians is among the lowest of the industrialized countries.

The state's largest workers' compensation provider implements a new cloud-based tool to cut processing costs.

The insurer of last resort needed a cost-effective way to improve service levels, digitize and modernize internal processes and ensure that customer information and case files were secure and easy to access

The reality is the market for core system replacements is shrinking.

Savings from the job reductions will be invested in newer businesses that Cisco expects to fuel sales growth, such as cloud computing and connected devices.

A hot market in insurance technology vendor M&A can be attributed to core systems players looking to branch out, experts say.

Scott St. John will lead the insurer's claims operations effective Aug. 22.

The company has adopted three components of the vendor's suite.

The broker will use Instec technology to process homeowners insurance.

CM Vantage Specialty Insurance aims to improve self-sufficiency and customer experience using Sunlight Solution Inc.'s automated software.

Teams that only look at time and budget inevitably end up with a significant backlog of functionality and tech debt that may or may not be funded and addressed.

The announcement has some similarities with Duck Creek's recent acquisition of Agencyport, Celent says.

The aggregate amount of cloud shift in 2016 is estimated to reach $111 billion, increasing to $216 billion in 2020.

More than 1,000 MetLife employees will be offered positions with CSC, which is taking over a closed block of life and annuity policies.

The reinsurer receives full underwriting, claims, accounting, and reporting capabilities, courtesy of StoneRiver, Inc.

At least 25 reports were allegedly altered, according to the complaint.

More than 170 adjusters will receive iPad Pros and iPhone 6s loaded with the Claims Adjust app.

Not all carriers are completely ready to lock in to a cloud-based service model in which core systems’ computing resources are shared and maintained on the Internet.

The new AMsuite platform will support American Modern's refreshed suite of personal lines products.

Carriers will continue to invest in managing and analyzing both structured and unstructured data from telematics, wearables and weather, Celent predicts.