Policy adminstration

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Several insurers across both property/casualty and life insurance sectors received patents in the past weeks for their technology and process innovations.

As the rubble settles along the U.S. Northeastern coastline devastated by superstorm Sandy, insurers are offering initial estimates of its losses. Sandy, a deadly 1,000-mile wide storm that took the lives of 132 people as it swept up the Northeastern seaboard in late October, is expected to cost insurers up to $25 billion in total losses. By these estimates Sandy is being classified as the second-costliest storm after hurricane Katrina in 2005.

Mobile Rhino, a program managed by Stuckey & Company specialty insurance broker, has launched a free mobile app that offers a six-point protection plan that covers loss, theft and digital life protection for ID theft and personal privacy. The plan is designed to cover more common issues such as accidental damage, electrical and mechanical malfunctions as well. The insurance plan covers all generations of iPhones and iPads, with future expansion to offer coverage of other smartphones and devices, such as Android.

Genworth won a 2012 Life Insurance Service Award from DALBAR a financial services market research and consulting firm, for the second consecutive year. The award is based on systematic testing of customer service throughout the year.

AIG's business and IT leaders worked closely together to return the carrier to profitability.

As New Year’s Day approaches, the National Transportation Safety Board and AAA show support for all laws requiring ignition interlock devices after first DUI offenses.

CNA Financial announced the retirement of Peter Wilson, president and COO of CNA Specialty, a $2.9 billion business unit. Succeeding Wilson is Mark Herman, who has more than 25 years in the industry. Wilson’s retirement is effective Dec. 31, 2012.

Avoiding a "BPM by Post-it note" strategy is necessary if initiatives are going to do what they're supposed to.

According to a new report from Celent, addressing legacy IT environments will become the cost of staying in business.

In terms of implementation and internal processes, speed is what delivers market share and customer satisfaction.

Auto and property insurer turns to InsuranceSuite to provide rating, underwriting, policy administration, billing and claims management.

The leadership and employees from the Independence Insurance Group’s Benefits division, including its president Joe Wiseman, will join the agency's benefits subsidiary.

Driving behavior found to have twice the predictive power of other insurance rating factors.

Clients in two Midwestern states to use Priority’s quoting, rating and underwriting solution.

Survey of CIOs, IT professionals and business executives reveals that more than a quarter of respondents did not know if their cloud applications were compliant.

Everybody wants tablets and smartphones in their stockings and under their trees this year. Guess what that means for CIOs in January?

Celent report offers insights on the developing market and 15 solutions providers.

Weather-related losses in the United States dominate the insurer’s list of losses.

CEO anticipates a growth period as insurer expects 2012 earnings to double last year's.