Policy adminstration

Enterprise architect extraordinaire James McGovern discusses best practices for migrating and improving policy administration systems.

First-quarter earnings excluding one-time items were $2.94 a share, 56 cents higher than the average of 19 analysts’ estimates compiled by Bloomberg. Full-year profit is now forecast to be at least $7.80 a share, the Indianapolis-based health plan today said in a statement.

The managed services are designed to address safety by combining data and video analytics with real-time driver feedback and coaching.

RetailFirst website contains information for current insureds, prospective policyholders and agents.

The former Zurich executive and ACORD Standards Committee chair will be responsible for overseeing several aspects of standards development.

New report from International Data Corp. tracks software sales and outlines the shift toward social business and customer experience.

Paul Halter, previously an executive in the southeast region, will now oversee underwriting, marketing across six regions.

New York and New Jersey accounted for more than half the claims in the wake of the superstorm; nearly all have been settled.

Many compliance executives working in the U.S. insurance space admit to a lack of consistent structure, lack of institutionalized processes for sharing regulatory information and disjointed use of technology.

As part of the additions made, travel risk coverage has been expanded to the renewable energy industry.

While risk managers are increasingly prepared for a variety of risks, gaps exist between process and action, according to a Towers Watson survey.

In terms of insured claims payouts, the fertilizer factory explosion likely will generate even larger dollar claims than the Boston bombings.

Claims for business interruption will probably drive insurance costs tied to the bombings, according to catastrophe modeler Risk Management Solutions Inc.

Additions to several lines, including primary and excess casualty, means new hires and promotions.

Latin American and Caribbean directory is the latest in a series of apps aimed at international audiences.

Satisfaction with the auto claims experience declined in early 2013, as claimants noted an increase in repair costs, according to the J.D. Power and Associates “2013 Auto Claims Satisfaction Study—Wave 2.”

A new survey finds that an overwhelming majority of consumers would not sign up for health coverage to avoid the penalty; report examines the potential consequences non-buyers would pose the system.

Towers Watson, a global professional services company, has appointed three senior specialist insurance brokers to its crisis management brokerage and consultancy operation.

Robust claims management and business continuity plans are crucial to success, as is understanding the requirements likely to be placed on mutual by reinsurers.

Data in health care can provide a good example for all insurers concerned about transitioning to a big data-centric business model.