Data and information management

With the inexorable move toward the commoditization of IT, CIOs' duties may eventually float off into the cloud.

Against economic woes, insurance companies are facing some tough decisions when it comes to IT staffing and maintenance. In particular, flat premiums and reduced investment income are driving the industry into a competitive state not seen in 20 years, forcing IT organizations to deliver faster, deliver more and reduce or maintain costs, notes a new report issued by New York based research and advisory firm Novarica.

ARC Logics to help insurers evaluate risks and better understand risk exposure.

For the first time ever, theft of information and data has now overtaken physical fraud in businesses, Kroll report finds.

State-of-the-art lab aims to help P&C insurers model for and mitigate against natural disasters.

While the business and IT linkage still is not perfect, it has come a long way.

Moody’s places Zurich under review for a possible upgrade, affirms Travelers; A.M. Best upgrades Farm Bureau Life Insurance Co.

While insurers have the technology to do amazing things, they must not let organizational issues hinder them from putting it to good use.

Integro will be positioned to add reinsurance brokerage services in United States.

Legal requirements drive tech product development and data management policies.

Company will cut 1,500 – 1,800 jobs as it digests Hewitt acquisition.

S&P revises its outlook on Swiss Re, A.M Best affirms The Hartford Steam Boiler Group. Moody’s downgrades AXA UK Life and agencies react to Everest Re’s executive leadership announcement.

Japanese typhoons, changing economic conditions in China and earthquakes in Seoul could cause Supercat-sized insured losses, says Aon Benfield.

Putting analytics in the hands of decision-makers up and down the line helps affect positive and profitable changes for the business as situations change.

Improved productivity, cost savings and simplified work processes are making enterprise mobility increasingly important for insurers’ technologically inclined workforce. In a recent survey of top business leaders, IT experts and mobile developers, Pyxis Mobile, a mobile application platform provider, found that companies are expanding beyond just mobile applications for field services and sales people, to empower all employees.

P&C insurers still aren’t taking advantage of customer data that already exists within their organizations.

Fraud incidents are on a downward slope, returning to reporting figures from two years ago, according to the Quarterly Corporate Fraud Index, which captures fraud incident activity from more than 1,000 organizations and 12 million employees worldwide.

Case challenges insurer’s ability to consider gender of driver when writing auto coverage.

Insurers looking to get into the mobile payment game may want to heed this unfortunate reality.

Against the backdrop of dire economic predictions, insurers are being told to rethink IT as it applies to corporate growth objectives and strategies.