Claims

Estimates from the National Insurance Crime Bureau are holding as the firm identifies and removes thousands of damaged vehicles.

Gudvangen will be responsible for managing policyholder service delivery, including policyholder benefits and claims. She will also oversee administration of the closed block of business, and will lead the development of a new team focused on operations actuarial and tax. Gudvangen will report to the SVP of Enterprise Operations, Jasmine Jirele.

Detica NetReveal’s analytics solution brought in to protect insurer from skyrocketing questionable claims in the P&C sector.

Point-of-sale solution designed to make customer experience simpler while cracking down on fraud.

Celent report profiles 13 vendors and offers insights in terms of data sources, service and delivery options.

The top areas for technology investments among workers’ compensation carriers are claims system replacements and predictive analytics, according to Novarica’s new “Business and Technology Trends: Workers’ Compensation” research report.

The New York Insurance Association says New York Governor Andrew Cuomo’s mandate to speed the payment of the more than 330,000 claims filed by New Yorkers related to Superstorm Sandy are unnecessary.

More than eight out of 10 P&C executives say their current systems are not able to embrace new opportunities. The question is, what will replace them?

With the East Coast continuing to recover from superstorm Sandy, there are still wide ranges in the estimated insured losses. Risk analysis company EQECAT has estimated insured losses ranging from $10 billion to $20 billion, and total economic damages ranging from $30 billion to $50 billion. RMS estimates insured losses in the United States to range from $20 billion to $25 billion. And AIR Worldwide estimates insured losses ranging from $7 billion to $15 billion.

Insurers plan on seeking growth through claims upgrades over the next three years.

Cross-claims data exchange designed with NAIC model regulations and stringent state insurance laws on privacy, claims and data.

Workflow solution for first- and third-party liability adjusters designed to work in tandem with claims services suite.

Moratorium established ahead of second storm expected to hit New York on Wednesday.

ClaimCenter designed to support The Guarantee Company’s goal of increasing effectiveness, efficiency of claims management operations.

Funding for IT projects to help insurers become more customer-centric is largely unavailable.

Out-of-the-box solution for adjusters and claims professionals now designed to include a customizable dashboard, further technical advancements.

AIR Worldwide, catastrophe modeling firm, estimates that insured losses from Sandy to onshore U.S. properties will be between $7 billion and $15 billion.

Contractor plans to use CSC software to enhance communication between parties, as well as rate and identify vendors based on performance.

New version designed to support increasingly complex insurance policy products.

Provider of risk financing and loss prevention services for Texas municipalities calls on software provider in attempt to become more proactive with claims.