Claims

EbixExchange – a division of Ebix, Inc. received three awards relating to insurance industry standards forum the Association for Cooperative Operations Research and Development (ACORD) yesterday at the ACORD conference, held at the Walt Disney World Dolphin Resort. The awards were presented to EbixExchange Director of Carrier Product Development, Sandy Hampel, in recognition of EbixExchange’s leadership in ACORD standards adoption.

Insurance Networking News (INN) and Celent released INN’s third annual technology solution provider ranking for the insurance industry today at a black-tie awards event held at the ACORD LOMA Insurance Systems Forum in Orlando.

The Insurance Information Institute says the industry’s present capital position is stronger than before any of the major catastrophic events over the past quarter century.

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

The current economy is affecting new car buying and decisions about coverage on older vehicles, a trend that raises important insurance and maintenance considerations.

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

Fiserv's CEO says the company would like to capitalize on Fidelity National Information Services's planned acquisition of Metavante Technologies Inc.

MOBILE TECHNOLOGY FOR RISK INSPECTION

MANULIFE INKS OUTSOURCING DEAL WITH THOMSON REUTERS

Predictive modeling may be a useful tool, but it shouldn't be used as

As computational needs of actuaries swell, distributed computing is gaining sway.

The prediction of a Swine Flu pandemic brings to light an urgent and dire need for electronic health data.

An NICB report shows suspicious car fires up 27%, slip-and-falls up 77% and hail damage claims soar 407%.

Wolters Kluwer Financial Services, which provides regulatory intelligence, policy management, and process management products and services to help financial services organizations control and provide oversight to their compliance programs, reports that its insurance compliance products will be available to U.K. insurance companies that conduct business in the United States.

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

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

Former AIG Insurance Services Inc. president Anthony Galioto will become president, CEO and director of York Insurance Services Group, effective April 20, 2009.

In a Benchmark Survey conducted by the Professional Insurance Agents Association, agency principals rated “adjust claims fairly” and “pays claims promptly” as the two top factors when evaluating an insurer.

Pointing to economic-driven necessities, the insurer has gone into production with SAP ERP financials, claims next.

The industry may still be in the black, but catastrophe and investment losses have taken a toll on the bottom line.