Digital distribution

Mobile quoting and purchasing capabilities for GEICO policyholders expand.

These statistics surrounding disability insurance and public awareness from Sun Life’s recent report, titled “Will workers in America hope to dodge the bullet, remain blind to the risks or simply hide?” despite becoming familiar sights this month, remain startling given another fact cited by the report: Medical problems contribute to roughly half of all personal bankruptcies and home foreclosures in the United States.

The growth of countries such as China, Brazil and India will inevitably lead to more business being written, and that will need new capital to support it, and more insurers, according to Lloyd’s of London Chairman John Nelson. “The challenge we have is to grow the Lloyd’s footprint into the emerging growth countries,” he said in a statement on the company’s website. “There’s an opportunity for Lloyd’s and for the United States, in the high-growth economies. What I hope to see is a situation where brokers are extending their networks, picking up new business across the world and placing it at Lloyd’s.”

Insurance Networking News is proud to present its INN Newscast. This special video edition brings you exclusive coverage from day one of the 2012 ACORD LOMA Insurance Systems Forum in Orlando.

Insurance Networking News is proud to present its INN Newscast. This special video edition brings you exclusive coverage from day one of the 2012 ACORD LOMA Insurance Systems Forum in Orlando.

The success of straight-through processing and product development upgrades relies heavily upon operations adjustments.

Most workers know little about group disability insurance, but when given information about income protection, the majority say they would opt for the coverage, according to a new study.

Americans are concerned health care costs not covered by insurance will negatively affect their retirement plans.

Compared to a year ago, the composite rate for commercial property/casualty and professional lines coverage increased 3 percent in April 2012, according to new research from MarketScout, an insurance distribution and underwriting company.

Progressive Casualty Insurance Company is suing State Farm Mutual Automobile Insurance Company for allegedly infringing on patents related to vehicle monitoring systems and variable insurance rates.

Horizon BCBSNJ’s facility opens in the summer. The retail center will be staffed by specially-trained personnel to help customers with their health insurance needs, direct them to resources for maintaining a healthy lifestyle and assist them in purchasing health insurance products and services.

DocuSign boasts several life, P&C clients, points to straight-through processing as motivation for e-signature purchases.

About 85 percent of asset management firms and insurers have seen increased brand awareness on social media platforms, 67 percent have seen increased engagement with clients and prospects and 58 percent say social media has led to increased website traffic.

Health insurers embrace e-contracting approach to save paper and admin costs and improve customer service efforts.

Insurer designs its online commercial surety bond purchasing and issuing platform to provide simplified navigation, smarter technology, faster execution and flexibility.

Participant and Policy Owner Portal System to support Lincoln’s executive benefits division.

The Hartford strikes deal with Forethought for annuity business capabilities and will continue selling annuity products during transition period.

Separate studies from Northwestern Mutual and LIMRA find that Americans can’t afford to live, but can’t afford to die, insurers can take action by educating the public about the importance of financial protection and taking personal financial responsibility.

Award qualifications based on written premiums, cumulative loss ratio and premium retention.

SIGNiX, VERTIX deal reflects growing industry adoption of electronic signature technology.