Core systems

Mobile capabilities are expected to prompt a resurgence of business intelligence dollars in 2013.

Insurer looks to achieve greater agility for expansion with new underwriting, policy administration, billing and claims management systems.

Insurance Information Institute’s survey of P&C execs finds majority optimistic about 2013, despite budget battle concerns.

Insured losses from natural catastrophes were greater than $110 billion in 2011, the second-highest figure ever recorded, according to Swiss Re in “Taking a Comprehensive View of Catastrophe Risk Worldwide,” a report from AIR Worldwide. And there is a 6.7 percent probability the insurance industry will experience a loss of this size in any given year. In 2012, insured losses totaled $65 billion, $25 billion of which are attributed to Superstorm Sandy, as estimated by Munich Re.

The clarification of certain rules, as well as information security, were among the topics discussed in two meetings this week.

After a flat 2012 for global life insurance premiums, a new report from Swiss Re has the global growth rate projected at more than 3 percent for 2013.

Ernst & Young’s first Latin American insurance outlook highlights growth opportunities in a market poised for profitability.

Standards organization consolidates with DISA, an organization that focuses on cross-industry electronic standards.

With positions in the Treasury yet to be filled, calls to balance out Lew’s budget-heavy background persist.

Trillium survey finds 75 percent of claims systems should be upgraded or replaced within five years; analytics and better communication present opportunities to improve cost-effective customer satisfaction.

Networked Insurance Agents has licensed Appulate’s Submission Management Portal for its independent retail agent affiliates. The technology offers a workflow designed to save agents time on workers’ compensation submissions.

In response to President Obama’s nomination of White House Chief of Staff Jack Lew as Treasury Secretary, the Property Casualty Insurers Association of America expressed its eagerness to working with Lew.

The new offering, IBX Wire, is designed to enable members to connect directly to the insurer and manage their personal health care via mobile device.

Data crunching and tech savvy can take IT talent a long ways, but there's another intangible that differentiates exceptional talent, according to a new study.

The Deloitte Center for Financial Services says consumers may be wary of life and annuity products as they confront more immediate financial concerns.

Report from the U.S. Government Accountability Office also finds some potential risks to consumers and insurers.

Insurers seeking emerging markets are expected to contribute heavily to the rise in M&A this year.

Gartner's first IT forecast of the year anticipates a 5.7-percent increase from 2012's final IT spending tally.

ICMG survey also revealed that about 40 percent of respondents review strategic alliances on an "as needed" basis.

Insurer turns to e-application business fulfillment platform in an attempt to further automate processing.