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Current risk mutualization model may not be sustainable, Ptolemus Consulting says; as auto insurance becomes increasingly commoditized, both insurers and insureds seek solutions.
October 29 -
As the anniversary of Sandy approaches, American Modern reflects on how the storm affected the way it operates, including communicating more frequently with customers via smartphones.
October 25 -
Ernst & Young survey finds insurers hindered by technology and culture; 70 percent spend less than 10 percent of business and development budgets on digital.
October 22 -
GameChanger Portal designed to assist insurers writing personal, commercial and specialty lines.
October 17 -
After a loss, some consumers who buy their policies online soon learn a hard lesson about the need and value of having an agent who is partnered with a top-notch carrier.
October 15
Treutel Insurance Agency Inc. -
In New York, officials said the exchange had 2.5 million visitors in the first half hour and California reported seeing as many as 10,000 hits a second.
October 1 -
The strategies of insurers like UnitedHealth Group and WellPoint are under the microscope as data from four of the five largest U.S. states is collected by SNL Financial Group.
October 1 -
J.D. Power and Associates study finds renters underserved and ranks homeowners and renters insurers based on customer satisfaction; American Family top among renters and Amica Mutual among homeowners.
September 30 -
One quarter of survey respondents said they considered switching auto insurance providers in the past year; Esurance had the most customers in that category, USAA the fewest.
September 30 -
Online platform designed to guide beneficiaries to a variety of resources and expedite the group life claims process.
September 27 -
The insurer said it is looking to improve in many areas, including claims processes, customer experience and compliance.
September 26 -
Working with Kony, the health insurer sets out to use existing code to expand its mobile presence to include Windows tablets.
September 25 -
Allstate Corp. has launched QuickFoto Claim, a free mobile application designed to enable customers to settle auto claims based on the submission of smartphone photographs. QuickFoto Claim is available now in 10 South and Southwestern states, and the company said it will be available in the majority of states by year end.
September 24 -
As consumers grow more demanding, insurers would do well to anticipate customer concerns and offer instruction on how to avoid them; but first, they need executive buy-in.
September 24
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The new version of document management and workflow software is designed to increase functionality and security with added features.
September 17 -
Life insurer looks to offer a more efficient life insurance application and delivery experience.
September 16 -
The ease with which social media is ignored could be its greatest strength, according to Novarica's Matt Josefowicz.
September 12 -
InsuranceSuite chosen by the P&C insurer for rating, underwriting, policy admin, billing and claims management purposes.
September 11 -
USAA, a direct seller and one of the first insurers to adapt to social networking, is also, according to J.D. Power, the most trusted brand in the industry.
September 10
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Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers technology purchases, according to a report from Novarica.
September 9