Core systems

The evolution of technologies such as Web conferencing, instant messaging and portals offered as software-as-a-service applications will enable small and medium-sized businesses to transform into global trading partners, according to IBM.

Liberty Mutual Group will become the fifth-largest U.S. property/casualty insurer based on combined 2007 direct written premium of $26.2 billion.

Insurers need to rethink their approach to annuity market penetration.

The Institute for Business & Home Safety plans to construct the Insurance Center for Building Safety Research with funds from its insurer and reinsurer members.

By 2013, enterprise spending on Web 2.0 technologies will reach $4.6 billion globally, according to a new report from Forrester Research Inc.

Washington – As endeavors to create a federal insurance regulator percolate, state regulators are anxious to defend their turf. This week, New York State Insurance Superintendent Eric Dinallo testified before the U.S. House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises about the states’ ongoing efforts to improve insurance supervision.

Product commoditization and decreasing customer loyalty is forcing insurers to improve their customer relationship management (CRM) strategies.

Lloyd’s reports that the repercussions of emerging risks, such as nanotechnologies and actions taken to modify the environment, will affect ultimate insurability.

New data shows that commercial banks are continuing to make inroads into the U.S. insurance market.

The Zurich-based reinsurer will provide 5 million Swiss francs to support risk management research and education.

Transformation programs are a good use of capital; climate change and merger and acquisition activity are some of the industry’s most pressing concerns, analysts say.

The complexity of compliance requirements outweighs incentives to sell, a recent study reports.

A bill preventing stranger-induced life insurance policies passed the Iowa state legislature.

After learning of a data leak exposing about 128,000 customers’ information, Wellpoint reportedly fixed it and is notifying customers.

Being able to respond quickly to market opportunities is carrier’s goal in technology buy.

In today's soft market, insurers may need to shift their executive focus toward running lean. How can the CIO help?

Four professional bodies support the “Edinburgh Declaration,” which states their commitment to develop and build an industry consensus around raising standards and professionalism.

Orlando, Fla. – The National Association of Insurance Commissioners (NAIC) is advancing a rule that will protect insurance consumers from discriminatory underwriting practices in the sale of life insurance.

For insurers, privacy tops the list of chief compliance concerns, while Sarbanes-Oxley drops off the radar.

A new report from A.M. Best predicts Solvency II will substantially increase regulatory capital requirements for most European insurers.