Policy adminstration

North American insurers expected to overtake Europeans by 2015 in terms of IT spending.

Remembrance Life designed to offer death benefits in a variety of ways.

Insurers are going to have to double down on efforts to attract and retain technology talent, before they're absorbed elsewhere into the digital economy.

Maryland Automobile Insurance Fund also to use STG Insurance Content Designer and Content Manager tools.

National Life Group has selected iGO e-App to automate the marketing, selling and processing of its diversified life and annuity products.

Cyber coverage levels also increased according to the report. Across industries, limits purchased in 2012 averaged $16.8 million, a 20-percent increase over 2011. Communication, media and technology companies led other industries in terms of average limits purchased, at $33.4 million, and the rate of increase, which was nearly 36 percent.

With persistently low interest rates continuing to dampen profitability, group life/annuity/voluntary benefit insurers are investing in benefit and policy administration systems, customer and agent portals, and easy enrollment capabilities to increase profits, according to “Business and Technology Trends: Group Life/Annuities/Voluntary Benefits,” a report from Novarica.

A recent study that indicates more than 17,000 new jobs in the Ohio insurance sector, including underwriter, actuary, customer service, IT specialist and other infrastructure positions, will need to be filled in the next five years.

Armed with analytics, insurers should be able to make better business decisions more quickly and mobilize teams to connect better with customers, leading to success and growth, according to PwC.

U.S. life insurers underperformed most industries after taking risks that should have been left to Wall Street banks, McKinsey & Co. said in a report today.

Munich Re, the world’s biggest reinsurer, said profit this year will be about 3 billion euros ($3.9 billion), little changed from 2012, as prices remain stable and lower interest rates weigh on investment income.

Life policy administration solution designed to support underwriting, policy administration and payouts.

With just weeks before launch, MetLife Spain had to completely rethink its stalled customer document creation project.

Net income for P&C insurers increased almost 50 percent in 2012 compared to the year prior, driven by higher earned premiums and slightly-lower, but still high, catastrophe losses, according to a special comment from Moody’s Investor Service. For most insurers, investment income increased modestly and reserve releases were down.

A 30-year-old in the industry explains what he would like to see as the transformation of the way insurance is conducted continues.

When it comes time to make a change in a policy admin system, a lot of planning, negotiating and hand-holding will be required.

Kimberly Smith will take over as president and CEO in January 2014, replacing the retiring Daniel Stone.

A new Novarica report predicts continued software provider M&A in 2013-'14. Is there a way for insurers to prepare?

For the fourth time, and across every line of business, commercial insurance prices rose in aggregate by almost 7 percent during the fourth quarter of 2012. That was the eighth-consecutive quarter of price increases, according to the latest “Commercial Lines Insurance Pricing Survey (CLIPS)” from Towers Watson.

Investment in two N.C.-based hubs expected to be $125.5 million.