Core systems

There have been rumors of divorce, but this aging couple is more likely to renew its vows.

Texas-based P&C will deploy SaaS solutions from One, Inc. to boost retention while streamlining internal business processes

Swiss insurer Zurich, grappling with a surge in claims, abandons a $8.7 billion offer for RSA Insurance.

Whether Excellus BlueCross BlueShield learned that it had suffered a cyber attack because the organization or a contractor was looking for signs of hacking, or learned from a law enforcement agency is not clear, as the company isn’t saying much about the incident outside of formal announcements.

Insurance software and consulting firm Majesco and Deloitte Consulting LLP are extending their partnership, which is intended to help insurers implement Majesco’s core solutions and realize system consolidations, improved flexibility, quicker response to market and regulatory changes, and increased speed-to-market for new products.

Insurance core systems technology company Insurity Inc. now offers integration with Social Media Risk Scoring, predictive analytics technology from tech firm Social intelligence.

Swiss insurer Basler Versicherung AG Schweiz has implemented Guidewire’s PolicyCenter and BillingCenter, as well as Guidewire’s Client Data Management and Rating Management applications, to support its property line of business, Guidewire said.

The application includes a flow of claims data and information with the insurer’s claims administrator, CatManDo Inc.

Julie Stephenson has been appointed senior vice president and chief underwriting officer for CNA Commercial; she will report to Kevin Leidwinger, president and chief operating officer, CNA Commercial, and will be based in Chicago, CNA said.

By streamlining, automating and optimizing Tryg's underwriting support, policy administration, claims processing and customer care services, the insurer expects to become more customer centric, agile, digital and responsive.