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Standard Poor's Ratings Services issued a statement today charging that the fundamental structure of the U.K. life insurance sector is changing. Life insurers over the next few years will have to adapt their business models at both the local and European levels to accommodate changes due to economic weakness and regulatory changes, notes the rating agency. Market consolidation could accelerate and product economics could be reappraised, with renewed attention on distribution models, notes S&P.
June 29 -
Insurers should look at how many websites they're running, what they cost and if any of those services could be merged onto cheaper platforms.
June 29
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A Gartner study says the number of people globally who use a mobile phone to make payments is expected to expand to 108.6 million by the end of 2010.
June 29 -
Insurers may want to keep an eye on Obopay's mobile payment gambit in Africathe latest in its string of marketing strategies.
June 28 -
FM Global says the industry well capitalized to withstand potential strong storms.
June 28 -
INN announces the results of its fifth annual program recognizing the distinct and outstanding accomplishments and contributions of women in the insurance industry.
June 28 -
AgencyPoint, the insurer's agent recruiting and training center, is located in Cincinnati.
June 25 -
Traditional carriers beginning to catch up to direct-to-consumer players in their ability to enhance the user experience, notes a new report.
June 25 -
BindExpress Portal is designed to enable Barton and its agents to quote and bind new business policies.
June 24 -
Purchase rates continue to climb as rates fall, according to a new report.
June 24 -
CIGNA was honored as having the best customer service team of the year across all U.S. businesses.
June 22 -
Pundits and analysts are having a field day with social media for insurance, but is it really that big of a deal?
June 21
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Solution designed to allow insurance customers to pay bills, download ID cards, report claims and file endorsements with attachments.
June 18 -
Insurers being swept up in the current iPhone furor may want to watch as mobile banking customers continue to clamor for Android apps that still aren't available.
June 17 -
The iPhone app, part of its Steer Clear program that rewards new drivers with discounts and features a built-in stopwatch to time practice drives.
June 16 -
Solution designed to enhance the user experience across distribution channels.
June 10 -
Survey statistics show P&C carriers still struggle to create new bill plans and provide one bill for multiple policies, thereby impacting customer service.
June 10 -
The merits of Aflacs social media initiative were one of several topics debated today by a panel of industry experts.
June 9 -
The economy still stinks, but the IASA Educational Conference and Business Show came up smelling like a rose.
June 9
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New study reveals cost to carriers if customers dissatisfied with Web channel experience.
June 7