Core systems

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.

In a speech at the Federal Trade Commission, Obama today will outline a cybersecurity and identity theft program he plans to highlight in his State of the Union address.

Multi-year, multi-million-dollar contract to create software testing center is the insurer’s latest step to enhance its technology.

The P&C insurer will use BillingCenter to manage billing and payment processing across all lines of business in an effort to be more responsive to customers and agents.

An interview on big data challenges with Celent senior insurance analyst Mike Fitzgerald.

The slow pace of innovation leaves insurers vulnerable to disruption.

Overall losses from natural catastrophes were $110 billion, well below the inflation-adjusted average values of the past ten years, according to Munich Re, the German insurer.

Having passed both the House and Senate, the Terrorism Risk Insurance and National Association of Registered Agents and Brokers acts advance toward Presidential approval.

The legislation, which includes a measure to enact the NARAB Reform Act of 2015, now moves to the U.S. Senate for approval, after it expired on Dec., 31, 2014.

The migration will support the company’s move from general to specialty casualty and is intended to facilitate margin optimization and loss control.