Policy adminstration

Insurers in the Software Business: The line between software providers and consumers is blurring

The Financial Stability Oversight Council, a group of regulators led by Treasury Secretary Jacob J. Lew, voted to move New York-based MetLife into a third round of evaluation that may label the company systemically important, the insurer said yesterday in a statement. The designation indicates a firm could endanger the financial system if it were to fail.

Ward Group, provider of benchmarking and best practices services to the insurance industry, has announced the 2013 Ward’s 50 top performing life/health insurers. Each Ward's 50 company has passed all safety and consistency screens and achieved superior performance over the five years analyzed. This is the 23rd year Ward Group has conducted the analysis.

Ward Group, provider of benchmarking and best practices services to the insurance industry, has announced the 2013 Ward’s 50 top performing property/casualty insurers.

Richard Dziadzio brings 25 years of experience to the company, most recently with AXA Group.

Insurer looks for improved time-to-market capabilities with new policy rating platform.

The decision announced last week by the Financial Conduct Authority (FCA) to conduct a market study of add-on financial products is raising one or two eyebrows within the industry.

The largest open long-term care insurance claim made by a female policyholder has reached $1.8 million in paid benefits; the largest claim made by a male policyholder now exceeds $1.3 million in paid benefits, according to a new report from the American Association for Long-Term Care Insurance.

Product changes currently require multiple systems, which drags on time-to-market metrics. That’s why many are eyeing core-product configuration solutions, according to new SMA research.

Years of heavy reliance on vendors to deliver agency systems integration means less responsiveness to customers.

Despite recent crash of Asiana B777 aircraft, rating levels continue to decline and premium levels are down 5 percent on the year.

As the industry entered hurricane season last month, its reserves ready for paying out claims topped $600 billion.

Gartner analysts review mobile operating systems and the basic elements of mobile device management.

Clients and brokers are being provided with access to ACE's platform for electronic delivery of policies.

Most recently the global CIO of Zurich, Parthasarathy Srinivasa brings two decades of insurance and financial services technology experience to the role.

Most recently the global CIO of Zurich, Parthasarathy Srinivasa brings two decades of insurance and financial services technology experience to the role.

Erie Family Life Insurance set out to streamline the life insurance sales process and make it more intuitive to the independent agents who are used to selling the parent company’s personal lines P&C products.

Bill passes after Congress strips out food stamp program, a move the Obama administration said would warrant a veto.

Joel Matthies, who has been with the insurer since 2005, will now oversee the personal lines division of Jewelers Mutual.

The hyper-connected consumer of the next generation will expect a highly tailored customer experience, and it can't hurt to start anticipating these needs now.