Policy adminstration

Europe and Bermuda still account for a large portion of P&C business among U.S. reinsurers, who are becoming increasingly open to new sources, such as Brazil and Singapore, according to data from SNL Financial.

The new title will be John Marchioni's fifth since joining the company in 2008.

Three ways to assert IT's value and shift the perception among business leaders that IT is merely a cost center.

GEICO announced a new approach to retaining and cultivating IT talent today, with a three-year Technology Development Program that aims to recruit college graduates with technical backgrounds.

The ease with which social media is ignored could be its greatest strength, according to Novarica's Matt Josefowicz.

Critics argue that because homeowners must file claim forms, only a small fraction of the $291 million settlement will be paid.

InsuranceSuite chosen by the P&C insurer for rating, underwriting, policy admin, billing and claims management purposes.

Companies form partnership in attempt to provide GMC Inspire customers with access to improved document creation and delivery processes.

While many IT professionals would argue that lean, agile and CMMI are mutually exclusive, Guru Vasudeva, SVP and CTO of Nationwide, says otherwise.

The last five years find the P&C sector performing below industry averages, according to a new report from Fitch.

The federal case, thus far, involves 41 North Carolina tobacco farmers, as well as insurance agents and claims adjusters.

USAA, a direct seller and one of the first insurers to adapt to social networking, is also, according to J.D. Power, the most trusted brand in the industry.

Ovum says budgets will increase 6.5 percent CAGR over the next four years as insurers shift to growth strategies from cost-cutting.

Acquisition of agency and provider intended to strengthen NFP's P&C West Coast presence.

Under the deal, Chase agreed not to take commissions or engage in certain reinsurance arrangements with Assurant for six years.

Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers’ technology purchases, according to a report from Novarica.

In the past 18 months, an estimated $10 billion of new capital has entered the reinsurance market and changed the nature of the sector's capital structure, according to “Capital Stewardship: Charting the Course to Profitable Growth,” a mid-year market report from Guy Carpenter.

Commercial insurance prices rose 6 percent, continuing the trend of steady increases, according to a recent Towers Watson study.

Reinsurers are under pressure to shore up earnings hurt by disaster claims and low interest rates.

BriteCore, a policy administration system, is now supplemented by policy forms and rating information from the American Association of Insurance Services.