Core systems

Insurers across both property and casualty and life/health are evaluating 2011 mobile technology plans, and many are following a model used by banks, airlines, hotels and other service providers that are focused on improving transaction and service levels, reports Novarica in two new reports on the subject.

Insurers still harbor trepidations over technology, new Novarica report finds.

Dutch Insurer Aegon NV, confirmed reports that as part of an ongoing restructuring, it will cut approximately 5% of its workforce , or approximately 400-500 jobs in the U.S. over the coming two years. The action will result in $70 million annual cost-savings.

iter8 products used to develop connected agent portal for Providence Mutual.

Insurance Scorecard to unify legacy and new data, enabling robust reporting and analysis.

An online program can offer a return on investment and enhance a patient’s ability to self manage chronic health conditions.

Not quite “in the money,” AIG inches closer to its ultimate goal of repaying government assistance.

Moody’s and S&P assigns ratings to AIG’s debts; S&P revises its outlook on Principal Life; and A.M. Best affirms Aviva USA and revises ratings for Aviva plc.

NHTSA results reveal an increase in the level of drug use among fatally injured drivers.

Insurers may want to keep an eye on how their banker brethren are utilizing tablets.

Aite Group report examines how financial services firms can utilize the growing channel.

Torus Picks Guidewire for All its Segments

New report traces challenges insurers face when moving information from one system to another.

Trust will oversee the single-entry collaborative insurance placement platform and its data transfer between insurance agents and brokers and wholesalers and carriers.

Insurers on the hook for $36 billion—a 34% jump from last year, Swiss Re report says.

Insurers now have until December 3 to cast votes for their top technology solution providers.

FirstBest says the software will jump-start ease of doing business with agents and brokers, and pave the way for expansion.

Health care reforms, competition may slow growth and profitability, yet insures can insulate themselves from further damage, says report.

Information on 1.22 million members was contained on AvMed's two unencrypted, stolen laptops.

The mobile Web is evolving at an extraordinary rate, and each evolution has brought new possibilities to insurers. Can they keep up?