Digital distribution

New solution features include ability to track and manage sales workflow without requiring users to log in to system.

Conning Research reports that life insurers’ tactics may no longer be effective in the face of recessionary and regulatory impacts on state-based wealth demographics.

A recent survey shows auto insurance buyers are ready for a change, and depending on the target market, insurers can take action.

While the tangible savings to paperless include decreases in postage and paper costs, the fringe benefit for insurers is potentially tapping into the growing eco-friendly customer segment.

U.K.-based edge IPK and Phoenix-based Discoverture Solutions, have partnered to combine and leverage the companies’ respective core competencies to offer property/casualty insurers a built-to-fit presentation layer. The companies say Discoverture’s expertise in insurance systems design and delivery combined with edge IPK’s edgeConnect open presentation platform (OPP) offers insurers a fresh approach and a cost-effective, quick-to-implement way to extend the life of legacy applications.

New Orleans-based Pan-American Life Insurance Group has completed the acquisition of USNow, a Plano, Texas-based provider of administration and management of limited medical plans. Since 2006, USNow has been representing Pan-American Life's worksite product line in the United States, and Pan-American Life previously held a 20% ownership stake in the company. USNow had achieved recognition in the insurance industry as the company that pioneered the concept of managed limited medical benefits, providing underinsured/uninsured individuals and corporate employees with access to affordable group health care.

Online insurance aggregator Esurance is targeting a new demographic with a new marketing ploy: Bollywood fans invited to create Bollywood videos with the insurer’s iconic character Erin Esurance. Bollywood, a Hindi-language film industry based in Mumbai, India, has become popular to date due to its inclusion in the Oscar-winning film “Slum Dog Millionaire.”

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The insurer says the opportunity allows them to develop "stronger partnerships" with banks by giving them more investment choices.

A study complains that CEOs are not well represented on social networking sites, but is that really a problem?

Enhancements include geo-coding and full automation of quoting.

The portal, from eHealth Inc., will enable brokers and agents in Arkansas and Missouri to prepare quotes and submit applications for coverage.

While innovation within insurance companies may be stifled due to the tricky regulatory environment, auto insurers are quietly making waves.

Social networking sites such as Facebook are already key for many insurers attempting to increase brand awareness and engage in a dialogue with consumers.

The bank will offer VantisLife's products through the insurer's online platform.

Insurance.com reports an increase to $1,884, while CarInsurance.com reports an increase to $1,884.

Eight million Americans now opt for self-directed health plans, according to new survey.

Insurers are finding enterprise mashups add a new dimension to the productivity promise of composite applications.

The company's Maxim Lifetime Asset Allocation Series offers three "glide paths," or ways in which their allocations change over time.

Given the prevailing economic concerns, insurers and brokers may be wise to look to financial planners as part of their customer service strategy.