Policy adminstration

Annual survey from Guy Carpenter finds use of direct reinsurers and intermediaries increased; top challenge for insurers is maintaining rate levels.

Ratings, underwriting, policy administration, claims and billing platforms included in purchase of InsuranceSuite.

PURE, a personal lines insurer, created a pre-fill capability for auto insurance quoting by integrating external data with its existing policy administration solution, which enabled the company to streamline the application process and improve cross-sell with homeowners.

There are many systems written in many languages, but with open-source languages getting all the attention in recent years, are there enough people to support them?

The high-profile moves attached to Warren Buffet’s new line of business continue as the unit expands.

Surveys from Towers Watson and IIS describe global insurance executives’ concerns and find much consistency across nations.

The insurer's vice chairman responds directly to a regulator's claim that insurers use captives to alleviate capital requirements.

iGATE aims to improve operational efficiencies with new policy administration system.

Mandates to conserve fuel, curb emissions and increase service levels are driving adoption, according to ABI Research.

New offering guarantees 104 percent of the premium at the end of the surrender charge period.

Patrizio Spagnoletto brought in to define and execute the insurer's digital strategy, as well as oversee its consumer-facing web capabilities.

As businesses set out to use more analytics to interact with consumers across an average of 3.6 channels, data quality becomes increasingly important, according to a recent report.

Sixty-seven percent of recently surveyed insurers are currently addressing core systems modernization, and 54 percent said finding a trusted partner with an integrated solution platform is important.

The insurer's "technology-driven business strategy" is an ongoing effort to inspire innovative ideas that help build strategic business platforms.

State insurance regulators were among those who attended a private meeting hosted by the Federal Housing Finance Agency about alleged kickbacks and price gouging.

While big data possesses transformative potential, investments alone won't elevate business, it takes close coordination and cooperation.

Concerns among agents center around potentially declining commissions and market share, plus increasing requirements for technology and training, according to SMA survey.

Warren Buffet’s plan to enter the commercial insurance space will begin by focusing on excess and surplus lines.

Superintendent of New York’s Department of Financial Services wants a countrywide halt on captive insurance deals, claiming states are allowing the use of risky collateral.

CloudInsure looks to enable increased data protection in the cloud by working with LIU's platform.