Policy adminstration

Acquisitions are a part of the personal insurer's strategy to grow in the states of Texas and New York.

Insurers are receiving files from the exchanges that they are unable to open, or that are missing too much data to process.

Some medium-sized, publicly-traded insurers are encountering operational challenges and could be sold, restructured or placed into run off, according to MarketScout.

Includes new features designed to enable insurers to tailor the service experience across underwriting, policy administration, billing and claims functions.

After four years at sub-book value, underwriting fundamentals have improved and support higher valuations, Conning said. However, a return to higher historical valuations remains unlikely.

Open source-based load testing software designed to enable more frequent testing of mobile app performance.

Insurer adds pediatric dental benefits and other essential health benefits to plans in targeted states.

Most enterprises with mainframe computers are quite happy with their systems, and have plans for their expansion. Still, mainframes have an achilles heel – the diminishing pool of talent that can write programs and run these machines.

Most states have four or more participating plans, according to Avalere Health.

There were discussions on the subjects of automating for the sake of automation and delivering smaller projects, as well as a sense of optimism surrounding modernization efforts.

Company says latest version of PAS includes more than 50 business and technology enhancements to streamline processing, expand new product functionality and offer access to data.

Arch Reinsurance Ltd., Hannover Re and Southport Re enter quota share agreements, with financial results to be made available the second week of October.

The federally run exchange received 4.7 million unique visits in its first 24 hours, the U.S. Department of Health and Human Services said. A federal call center received more than 190,000 calls as well.

The amount and qualification requirements of the coverage adjusted to meet 2014 regulations.

Customer centricity requires that insurers open their systems and processes to new users, data sources and connectivity options, which have exposed the inadequacy of many legacy policy administration systems in a market newly driven by consumerization. Here's a look at how insurers are stacking the deck to ensure success.

Not so long ago, there was plenty of vision but no template for how to interact with technology-enabled consumers, but it's getting better.

The new platform-as-a-service expands the product’s reach into specialty commercial lines, company said; availability in overseas markets expected within the next year.

The vendor response to many insurers' business requirements is often "configuration," which SMA notes as the top tech priority for PAS replacements.

The landscape is littered with applications that were promising when they entered development, but as technologies have become "consumerized," state of the art is an even faster moving target.

Many insurers already had counter-measures against such competitors in place, in the form of strong web-based offerings and strong agent networks.