Policy adminstration

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.

The Philadelphia Contributionship purchases processing solution in an attempt to modernize policy administration and core business operations.

The specialty insurer can now mine event data from various business solutions, correlate that information and present it to various stakeholders.

Small agencies are growing faster than their larger counterparts, in part because of greater investments in mobility and other technologies, according to a new survey from Vertafore.

Suite includes integration with more than 50 data sources designed to enable data-powered underwriting for multi-line carriers.

A watershed year is shaping up for insurers and their use of technology, and IT/business relations are more important than ever.

Lack of reserve cushion is expected to continue to fuel the hardening market, according to Aon Benefield Analytics study.

Board members should raise nine critical questions when discussing technology strategy with IT and business managers.

The Hartford has launched Private Choice Ovation, a package policy for private company management liability, extending coverage to private securities fundraising techniques, reimbursement for notification costs and expenses related to a data privacy breach and optional defense cost sublimit for wage-and-hour violations

Specialty insurance unit now has people in Boston, New York, Chicago, Los Angeles and Atlanta after bringing on staff from insurers including AIG and CNA, according to former AIG executive.

Storage continues to be the biggest chunk of the investment in virtualization projects, which includes both server and desktop initiatives.