Core systems

The partnership will offer digital transaction management to Safeco agents.

Estimates put the number of private exchanges at around 150, but according to PwC Health Research Institute, they can be grouped based on their beginnings.

8 million people selected health plans using the federal system and 14 state-run insurance markets, but enrollment wasn’t confirmed until the first month’s premium was paid.

Gartner finds the number of organizations investing or planning to invest in big data technologies has increased significantly though the number of implementations remains low.

Reinsurance prices dropped this year during each of the policy renewal periods in January, April and July, according to broker Guy Carpenter.

Legislation distinguishes between the banking and insurance markets; industry groups express support.

The measure would let the Fed treat insurers such as Prudential Financial and MetLife differently than big banks in imposing safeguards demanded by Dodd-Frank.

For the ninth-consecutive year, INN recognizes female insurance executives who have made outstanding contributions to their businesses and the industry.

According to the CDC, 18.4 percent of adults under age 65 lacked health insurance in the first three months of the year, down from 20.4 percent in 2013.

NetReveal will be used to evaluate claims risk throughout the lifecycle, helping reduce fraud leakage on a pre-payment basis.

The UP Bill Payment system is intended to reduce staff time spent on processing and support digital usage growth.

Insurers are back in the market for policy administration systems, but what to buy?

IT advisory firm Strategy Meets Action presented Innovation in Action awards to carriers that have successfully undertaken next-generation technology projects in the past year.

The Atlas platform will process rating, underwriting, policy administration, billing, claims management and reporting needs for a Shelter subsidiary.

92 percent of executives, including insurers, say their big data projects are yielding results.

New research from Allianz Global Corporate & Specialty finds that close to 70 percent of financial losses are the result of just 10 causes. Fires, plane crashes and natural disasters all rate near the top of the list.

Extremely low interest rates for investments and years in which losses for reinsurers were relatively low are adding pressure on prices.

Record reinsurance capacity is driving growth capital for insurers.

More insurance companies are undertaking big data projects, especially in actuarial, product development, and underwriting.

The effects can reaching from the hit to companies' and individuals' reputations and careers, morale and stock value, to the heavy toll on the customer service, operations and technology teams.