Core systems

In what has become a buyer’s market, underwriters must get creative to maintain their profitability.

Insurance carriers are dependent on the cloud solutions available to them and even those vendors with other priorities recognize the importance of cloud as a key initiative for the future, according to Celent.

The company in recent months has announced several big cloud computing and analytics wins while also shifting the leadership of global services.

The implementation of the PolicyCenter and BillingCenter platforms is part of a transformation initiative designed to help strengthen the company’s insurance products and customer service capabilities.

New research from LIMRA, which will be presented at its upcoming conference in Orlando, indicates these external disruptions could alter their distribution models within the next five years.

As enterprise customers weigh cloud vs. on-premises infrastructure and applications, CIOs could find vendors offering aggressive price discounts to win or retain business.

The HealthEdge platform is expected to deliver flexible product and benefit designs and real-time claims processing.

Numerous companies are finding innovative ways to use IoT devices.

Interim agency head has operations background in health services.

A new study from BPO and IT services company Genpact finds that insurance executives are most concerned with keeping customers happy, growth and stability and cutting costs, and believe that IT can help address these challenges.

The z13 system can encrypt and analyze data in real time and process 30,000 transactions a second, the company said.

A new report from Celent indicates insurance CIOs are increasing spending on analytics, core systems upgrades and process optimization to help grow and retain business.

The insurer is consolidating multiple policy admin systems and seeks to enhance customer service and underwriting capabilities.

The consulting company acquired the P&C insurance actuarial service to boost its counsel and enhance its advisory services.

Not-for-Profit health plan serving members in New York to pioneer use of HIE technology to create a secure, reliable Health Information Exchange.

Growing demand for commercial cyber insurance, increased federal regulation and a continuing economic rebound in the U.S. are among their strongest projections.

Investments in advanced analytics, workflow and financial modeling are necessary for reinsurers to overcome stressful market conditions and major losses, according to a new study from Novarica.

The commercial insurer intends to use the applications to improve underwriting precision and gain a more complete perspective on potential risk associated with policies.

The insurer is mounting the strongest opposition yet to a provision of the 2010 Dodd-Frank law, which was passed to prevent future financial crises.

After weeks of uncertainty, President Barack Obama Signed Into Law the Terrorism Risk Insurance Act of 2015, making terrorism insurance affordable and available.