Policy adminstration

The whole point of core transformation is that changes at the micro level can be used as a stimulus for changes at the macro level.

Relationship management 101 for keeping IT and business on the same page.

New Zealand’s largest general insurance provider takes on core systems transformation to improve customer service and speed to market.

Team selects Instec’s Quicksolver based on its configurability, bureau-based rating and quoting, resulting in more efficient business processes and faster quote-to-bind.

Just because a development team is doing continuous delivery or packaging releases into two-week sprints doesn’t mean that code is being moved to production.

The life insurance carrier credits Agile development with helping it get a line of business live on the FAST platform less than a year after selection.

Documentation on aging systems often is akin to tribal knowledge, and the potential for things to go bump in the night increases as these environments face generational transition.

The Native-American-owned insurer will implement SurePower Innovation in the cloud as part of a core administration and automation project.

In our recent study, 94 percent of P&C insurers reported that product configuration capabilities are a required feature in a new policy administration system.

The state-run insurer has rolled out InsuranceSuite as part of an organization-wide transformation initiative, including underwriting, policy administration, billing and claims management.

Quicksolver will be used to support 27 types of coverage for entertainment production companies in 50 states; intended to cut quote-to-bind times and simplify rating and filing processes.

Six insurers in total have been recognized by the National Association for Female Executives for policies, practices and the number of women reaching the upper echelons of management.

Boosted by the impending release of the Apple Watch, wearable devices have received a fair amount of attention recently – and with good reason. This emergent technology has the potential to alter the way the health insurance industry operates on a fundamental level.

P&C insurer will implement InsuranceSuite and DataHub; PwC to assist with implementation.

Two-thirds of insurance companies intend to increase staff in 2015, according to the “Semi-Annual U.S. Insurance Labor Outlook Study,” conducted by recruiting firm The Jacobson Group and industry benchmarking firm Ward Group. That is an increase of eight points since the July 2014 survey and the highest rate since 2009, when the survey began.

Financial leaders offer comments and remembrances; Benmosche’s career brought him to Chase Manhattan Bank, PaineWebber, MetLife and AIG.

Policy admin system chosen for ease of integration and speed of implementation, insurer says.

Benmosche came out of retirement in August 2009 to take over a company reeling from losses on failed housing-market bets, and led the insurer for half a decade.

Winners will be selected based on their ability to develop products and services with the potential to bring significant innovation to the industry.

Demand for technology, claims and actuarial positions is skyrocketing -- but those positions are the hardest to fill, according to The Jacobson and Ward Groups.