Policy adminstration

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.

CIOs are in no hurry to hire new staff over the next 12 months, according to Janco Associates.

Life insurer to use Elixir North America’s policy administration system, new business and underwriting solutions.

General liability is most likely to be purchased online, workers’ comp is the least likely, according to a new study from Deloitte; majority of shoppers expect modest discounts.

The days of social media strategy meaning you open a Facebook page and staff it with someone young and bright are over.

Software designed with modular components for improving sales, claims administration and reporting.

Towers Watson survey finds prices overall have been increasing for 9 consecutive quarters.

Brooke Zrno Grisham promoted to provide support for New York Life agents in Dallas.

The Affordable Care Act has had the unintended effect of boosting developing private exchanges markets where uninsured consumers compare and purchase high-deductible health insurance plans (HDHPs), according to Aite Group. As a result, the U.S. has 75 million HDHP consumers who have a serious reason to be more price-sensitive than traditionally insured consumers, the research firm said in its report, “Transparency in Healthcare: A New Market.”

Genworth Financial Inc., the seller of life insurance and long-term care coverage, is eliminating 400 jobs as CEO Thomas McInerney seeks to counter the pressure from low interest rates.

The Association of Professional Insurance Women recognized the Guy Carpenter & Company LLC Global Chief Economist & Risk Strategist at an award ceremony on Tuesday, June 4.