Digital distribution

According to Forrester research, of the 18 million U.S. consumers applied for, or purchased, auto insurance via the Web, only 9% used a comparison site.

After hearing reports from across the industry last week at both IBM's IMPACT conference and Software AG's SOA Summit, it's apparent that SOA is very much alive and kicking.

Westfield, Liberty Mutual, CNA and Chubb Group heads discuss InVEST, technology and future of the insurance industry.

INN issues a call for nominations for its award program recognizing excellence, leadership and professional performance among women in insurance.

Given insurers' knowledge of consumer lifestyles, they should be utilizing predictive analytics to better identify ideal customers and sell them higher-value services.

The new Web Quote and Template Underwriting functions are designed to integrate agent/insured into underwriter workflow.

Risky behavior has become the norm for this generation of computer users.

Even for the many insurers still dependent upon legacy systems, it's possible to adapt their systems to realize the benefits of automated decisioning.

The Web site is designed to offer best practice ideas from network member firms.

MOBILE TECHNOLOGY FOR RISK INSPECTION

MANULIFE INKS OUTSOURCING DEAL WITH THOMSON REUTERS

Insurers may not want to dismiss aggregators as "just another agency" - most are poised to deliver on a unique value proposition.

Insurers' use of Web 2.0 strategies and other rich Internet applications have allowed them to harvest a new audience.

A new study shows the Web is the channel of choice for people seeking price information about auto insurance.

Despite insurance's yawn-inducing rep as a consumer brand, Forrester believes that since 75% of U.S. consumers use social technologies, the opportunity is there for insurers to capitalize.

A new study finds that while newly keen for bargains, consumers are not eschewing insurance coverage altogether.

Conning Research & Consulting suggests individual annuity insurers rethink their product risk, distribution, asset management functions and cost structures in a changing competitive environment

Insurance IT vendors should readjust their approach to selling solutions in a way that better meets the needs of their customers.

Calling it a “global phenomenon,” Conning points to life industry, non-U.S. markets as those most affected by the decline in transaction value.

Insurance technology vendors should heed these tips when working with the analyst community.