Core systems

Gartner earlier this month released its latest IT spending forecast. While overall global IT expenditures are projected to be flat this year, software was a bright spot.

With the acquisition, the health insurance technology provider expands its services into the group benefits market.

The agreement fuels recent trends of vendor M&A activity in the industry, as insurtech providers align themselves to create better market position.

Having a vision statement and defining the future state of each business process can greatly aid insurer's core replacement efforts.

The UK insurer expands its current relationship with the vendor, having already deployed Guidewire for billing.

With the move, the insurer expects to improve its rating and electronic archiving capabilities.

Automation of certain processes was cited as a driver in the selection.

The supercomputers model environmental data, including measurements from satellites, weather balloons, and oceanographic observations.

Health payers are taking multi-pronged approaches to make the inevitable transition to value-based care, including the expansion of their data & analytics capabilities.

John Yao takes over tech responsibility at the workers' compensation carrier.

The workers' comp insurer will also deploy Oceanwide's agent portal, per the agreement.

Insurance carriers face threats from physical events, risks tied to liability and “transition risk" from adjusting to a lower-carbon economy, new study finds.

The reinsurer is leveraging Mortality Assessment Technology, generally used in life insurance, to the reinsurance market.

The P&C insurer adds to its initial implementation of Guidewire ClaimCenter in 2010.

Take a look at some of the certifications that are paying off for IT pros.

The vendor will manage Atlas' end-to-end billing process using its Billing Decision platform.

The London-based insurer will deploy TigerRisk Partners' analytics capabilities as it enters the property reinsurance business.

Legacy systems are not a Y2K problem – there’s no ticking time bomb.

The company's goal is to offer more payment options, handle higher volume workflows, and enhance billing operations by streamlining and automating processes, it says.

Insurers and their technology solution providers know that the claims process is one of the most important and impactful experiences a claimant has with their respective insurance company. Statistics show that from the First Notice of Loss (FNOL) until the claim is closed, policyholders who have suffered a loss can feel vulnerable, frustrated, and even angry if the claim is not handled properly and to the claimant’s satisfaction. Unfortunately, over the years, this aspect of the insurer/policyholder relationship has likewise negatively impacted the industry, and [P&C] insurers continue to fight forward to be considered an expert and a trusted advisor.