Policy adminstration

As new technologies continue to emerge, how do we, as an industry, incorporate them into new or existing products and services?

The P&C carrier will upgrade its entire Cobol-based system with one grand effort.

The firm warns that a delay in implementing a cross-channel model exposes carriers to disruption by new entrants.

The multiline carrier will use a cloud-deployed SAP platform for all core systems, starting in Southeast Asia.

Whether dealing with the end consumer or agents, insurers must be prepared to meet diverse standards for digital interaction.

GMC Software and IVANS are now part of Guidewire Connect.

WebXL will replace existing Access Database and automate some manual processes.

Already a customer of the company's policy administration platform for U.S. business, Sagicor will deploy it for Carribean lines as well.

The workers' compensation insurer will deploy the new system in a software-as-a-service model.

Quebec's SSQauto and Connecticut's NLC are revamping their core environments with Guidewire.

The insurer will deploy a SaaS version of Oceanwide Bridge for an accident insurance line.

The P&C insurer revamped systems end-to-end for eight lines of business.

Should CIOs focus on core system capabilities, or vendor experience in their line of business? Both, say Novarica -- and the list doesn't end there.

The updated system supports pricing accuracy and enables regulatory compliance through the pre-configured bureau-based content.

Texas-based P&C will deploy SaaS solutions from One, Inc. to boost retention while streamlining internal business processes

Swiss insurer Basler Versicherung AG Schweiz has implemented Guidewire’s PolicyCenter and BillingCenter, as well as Guidewire’s Client Data Management and Rating Management applications, to support its property line of business, Guidewire said.

GameChanger Suite now includes features and functionality for agency administration and maintenance intended to simplify tasks such as license management, creating flexible commissioning structures, and conducting agency bank account sweep for commission payments and clawbacks.

Texas Mutual Insurance Company, provider of workers’ comp insurance, has selected Guidewire’s DataHub and InfoCenter to support its enterprise-wide data management and business intelligence strategies, Guidewire said.

Several carriers gave insight into their technology strategies in their second quarter earnings calls. Here are the highlights.

Over the next few years, technology will play a vital role for commercial lines insurers as prices firm and new insurers enter the marketplace.