Policy adminstration

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.

Insurance companies are major consumers of IT outsourcing services, but there are hints that carrier CIOs are rethinking their outsourcing strategies.

New system will run life and disability income products in the Caribbean initially.

SMA research brief identifies must-haves for a successful core systems replacement project.

Deloitte has identified insurance technology strategies that explore the role of the CIO, race Moore’s Law and more.

Deloitte has identified insurance technology strategies that explore the role of the CIO, race Moore’s Law and more.

The insurer will implement the Accenture Life Insurance & Annuity Platform and Actuarial Calculation Engine.

The Chinese e-commerce company and eBaoTech have partnered on an administration platform for insurance companies.

SSP, provider of insurance technology in the UK, and Capgemini, a consulting, technology and outsourcing services company, have partnered to help insurers replace legacy systems and accelerate their digital ambitions, the companies said.

Anthem will pay $188 a share in cash and stock for Cigna; that’s a 22-percent premium to Cigna’s closing price of $154.36 on Thursday.

To improve the customer experience, the multiline insurer will use PolicyCenter and Rating Management to integrate disparate underwriting and policy admin systems.