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An outline of where and how insurers should be looking to use big data analytics throughout the enterprise.
August 12
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Despite a drop in net income, which was partially caused by faltering underwriting incomes, captives surplus grew by $1.39 billion.
August 12 -
Owners of captive insurance companies tightened margins and used capital more efficiently in 2012, according to a new A.M. Best financials report on the industry. Over the longer term, the five-year combined ratio for the captive composite of 92.3 compares extremely favorably with the commercial casualty composite of 103.3.
August 12 -
Less than half of respondents indicate that their organization has a plan for making use of the health data thats available to them, according to a survey of CIOs and other C-level executives.
August 12 -
Company's exchange platform to be integrated as part of agreement to facilitate public exchange enrollments.
August 12 -
One aspect of the update is an agent portal designed to supplement submission process and online collaboration.
August 12 -
Among the areas to be covered are the historical use of data to solve business problems, data presentation and visualization, avoiding biases and how to structure a research program.
August 9 -
Allianz Life looks to improve its customer service and product development with new core system.
August 9 -
With acquisition, firm becomes part of Digital Benefit Advisors network, opens North Carolina office.
August 9 -
Shouldn't digital be part of everyone's job description by now?
August 8
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Passive observation and exploration are generally not enough in a complex business environment innovation requires experimentation.
August 8
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The auto insurer is searching for a way to convince more drivers to try its telematics technology.
August 8 -
Celent reports that interest in mobile apps, especially those for tablets, is fueled by the desire to lower front-office costs and facilitate customer interactions.
August 8 -
Over the course of three years, Aegis Insurance, a midsize mutual specialty commercial insurer, completed an overhaul of its legacy core systems. The result is a 50-percent reduction in the average time it takes to process a transaction, a 70-percent improvement in quoting and an 80-percent improvement in renewal processing.
August 8 -
While vendors are optimistic about revenue growth over the next few years, a new report from Aite Group urges them to do a better job of aligning with P&C carrier needs.
August 8 -
The Federal Bureau of Investigation has reportedly asked company executives about the wiring of funds to operations in locations such as India, Sweden and Singapore.
August 7 -
Michael Harden, current chairman of Willis Re in Australia, will shift his efforts to Bermuda.
August 7 -
Insurer looks to replace legacy claims management system, implement enterprise data mastery technology.
August 7 -
The deal is the largest takeover of a U.S. insurance broker on record, according to data compiled by Bloomberg.
August 5 -
An insurer upgrades its data architecture and finds a competitive advantage through faster insights.
August 5