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Great American Insurance Group (GAIG) has entered into a strategic relationship with India-based IT services provider HCL Technologies.
February 15 -
The number of life producers using mobile devices doubled from 2008 to 2010, making mobile tech an imperative if the carrier seeks a competitive advantage, says LIMRA.
February 15 -
Hedge fund manager John Paulson demands that The Hartford Financial Services Group break into two companies; insurer evaluating strategy.
February 15 -
In an increasingly competitive technology vendor market, life insurers are gradually modernizing their policy administration legacy systems.
February 14 -
With the underlying economy likely to remain weak and organic growth hard to come by, the most effective lever for financial success remaining for insurers is to control costs.
February 14 -
The Securities and Exchange Commission has pressed bailed-out insurer American International Group to provide more disclosures on guaranteed interest rates in its life insurance business.
February 14 -
To enhance customer service, P&C carrier will give its 100,000-plus policyholders the option of accessing documents digitally in a secure, central online environment.
February 14 -
Of 18 industries examined in a new survey, P&C and life insurers improved the most from last year; health insurers remain low on the list.
February 14 -
Federal agencies put forth rule requiring insurers to provide explicit information to enrolling consumers.
February 10 -
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Standards groups see promise with establishing aligned interfaces, rules written into RFPs and SLAs, and harmonized government legislation.
February 10 -
New analysis from Celent finds insurers delaying policy administration replacements as they brace for Solvency II.
February 9 -
Aetna, Cigna, The Hartford and Munich Re also among the first to release 2011 figures.
February 9 -
Chairman Steve Miller, who was to become interim AIG CEO if Bob Benmosche were unable to continue with the job, has accepted a position at another company.
February 9 -
Towers Watson surveys indicate that 55 percent of P&C CFOs and 59 percent of life CFOs are considering acquiring a company in the coming year.
February 8 -
Smartphones may take a back seat to the desire of UK drivers to adorn their vehicles with toys and window stickers that block the drivers view and result in potential accidents.
February 8 -
Survey results reveal 85 percent of insurers are outsourcing at least some work through variable staffing/staff augmentation, legacy app maintenance or data center/infrastructure management.
February 7 -
Carrier to continue focus on claim-handling, settlement service to its Lloyds market clients.
February 7 -
New Towers Watson survey, which queried 69 P&C insurers in the U.S. and Canada, found 85 percent of respondents saying they use or are planning to use predictive modeling.
February 7 -
New report details risk management best practices and mitigation strategies for cyber world.
February 6