Core systems

Solution from Cass Information Systems is expected to refine the carrier's BYOD processes and work with all smartphones and coverage plans.

Zurich Insurance Company Ltd. has purchased Procurian's Specialized Procurement Infrastructure, a global Source-to-Pay solution, and Genpact’s Smart Enterprise Processes framework.

In a special report, A.M. Best Co. concluded that the sharp decline in income and consequent drop in regulatory capital reported by some Canadian companies was a result of mark-to-market accounting already in place rather than conversion to Canadian International Financial Reporting Standards (IFRS-C).

MetLife Inc. has reached a multi-state settlement with the National Association of Insurance Commissioners (NAIC) related the company's use of the Social Security Death Master File, which MetLife selectively used for proof of death and to end annuity payments, but not to initiate payment of life insurance claims.

Data is seamlessly integrated into Liberty Mutual Group Benefits’ tracking and reporting tools.

Despite $110 billion in industry losses due to catastrophes, global reinsurers have responded without any significant dislocation or squeeze on capacity, according to “Reinsurers Resilient Against Waves Of Catastrophes, Economic Uncertainty,” a report by A.M. Best Co.

A number of insurers have released financial results for Q1 2012. UnitedHealth, Travelers, RLI, Meadowbrook, Platinum and Cincinnati Insurance post decent results despite disasters.

According to a Towers Watson study, effective companies follow formal processes and have dedicated change management staff.

As BYOD and mobile devices become more prevalent in enterprise operations, limitations emerge.

Latest Android app enables drivers to digitally videotape their driving experience, recording accident evidence in the process.

Group of U.K. cyber insurers developing a framework of recommended information security practices and policies.

A full quarter of working-age adults experienced a health insurance coverage gap in 2011, mainly because they lost or changed their jobs, according to a think-tank.

Survey conducted by the Society of Actuaries reveals the top five risks among chief risk officers.

ClaimsVISION to enable efficient, single platform for all claims.

Overall customer satisfaction declined 13 points to 842 during the first quarter of 2012, according to J.D. Power study.

Deal includes upgrades surrounding policy, billing, claims, imaging and reinsurance processing.

Award qualifications based on written premiums, cumulative loss ratio and premium retention.

Payer/provider interoperability, health insurance exchanges among top 10 issues on The Managed Care Executive Group’s radar for 2012.

Business disruptions, volatile commodity prices and an unstable global economy end business as usual.

Despite massive catastrophe losses, insurers meet obligations and have surpluses to cover new claims.