Data and information management

Five severe weather events, one winter-based storm, two earthquakes and two floods comprised the top 10 insured loss events, says Aon Benfield

Chronicling insurers' continuing challenges combating auto theft, Insurance Bureau of Canada (IBC) today released its annual list of most frequently stolen vehicles.

Kenneth Petersen, CEO, Encharter Insurance, shares the story behind the company’s social networking initiative. Encharter's project placed second in the Customer Experience category.

Fitch affirms all AXA entities; S&P lowers credit rating on Manulife Financial, rates Berkshire Hathaway’s senior notes; A.M. Best comments on Aetna; Moody’s affirms WellPoint, Munich Re.

Towers Watson survey says insurers are increasingly employing predictive modeling as rates continue to be weighed down by excess capacity.

Virtualization and solid state disks are the next most important in terms of overall impact going forward, study says.

Surprisingly little data combined with new technology can uncover connections between individuals that may hurt insurers and insureds.

Insurers, banks, credit unions and more affected by partnership.

CSC has launched a four-stage, pragmatic program for financial services firms to use cloud services to gain flexibility and agility in their computing environments. CSC says it is leading financial services firms to the cloud, without jeopardizing high-performance, security and compliance requirements. The staged approach is described by CSC as progressing from early use of low-risk, horizontal shared services to deployment of ancillary applications, and then a cloud-enablement of mission-critical applications, all in parallel with the introduction of unique, cloud-only functions.

A culture of complacency hampers information security efforts, and as a result, sensitive corporate data is vulnerable to tampering and theft.

Carrier will implement Detica NetReveal in their general insurance business to combat claims fraud.

John Kim also will become New York Life’s chief investment officer

Gartner research points to increased investment, though many still won’t see ROI.

Top companies in our survey grind down costs by consolidating IT and rationalizing processes. They’re growing faster as well.

Insurers that outsource the IT and administration of policies underwritten years ago can improve customer satisfaction, lower costs, and even reduce capital requirements.

Version 10.0 to further position enterprise content management solution as a foundation for case management.

The highest-priority initiatives continue to be policy admin and BI, with claims, agent portals and commissions also of importance.

New Celent report studies how carriers can maximize ROI of business process management technology.

With insurers storing vast amounts of potentially sensitive or embarrassing information, a risk mitigation culture must pervade the enterprise.

Product to offer better management of its portfolio of insurance-linked securities.