Policy adminstration

Jonathan Zaffino now is responsible for managing Everest National Insurance Company and U.S. Insurance Operations after a stint at Marsh.

Supported by the Accenture Cloud Platform and using Microsoft Azure, the suite is intended to enhance underwriting effectiveness, reduce loss costs, improve customer retention and drive profitable growth.

Hartford plunged more than 90 percent from its 2007 peak to its low in March 2009 of $3.33 a share amid the worst financial crisis since the Great Depression, and received the second- largest bailout package among insurers under the Troubled Asset Relief Program.

The swap is part of an effort to upgrade technology that also includes new e-mail software and stronger security.

The global reinsurer is moving from a homegrown system with BlackBerry phones to a MobileIron offering with Windows phones and a bring-your-own-device option.

The latest version enables ‘anywhere’ access and engagement, multiple language interfaces and a better view of information and relationships to offer more personalized customer experiences.

The implementation began with a new customer documents communication strategy and the elimination of CSE’s internal print and mail operation.

Veronica Scotti has a deep background in reinsurance and risk management, with a career spanning corporate finance advisory, asset management and strategy.

Might HoloLens succeed where Google Glass didn’t?

Vince Cole previously was EVP of global strategy and business performance.

This makes USAA the first major U.S. financial institution to deploy a full-scale rollout of voice and facial recognition.

Social, mobile, analytics, big data, cloud and digital strategy soon will be basic capabilities, and insurers that get bogged down in ROI studies could miss opportunities.

IDC Financial Insights says spending on core systems modernization, transformation and optimization is driving the increase.

Rometty will get an incentive payout of $3.6 million, according to a company filing released Friday

Insurers from all around the world are making great efforts to become digital.

In the current hyper-competitive marketplace, many carriers are focusing on improving their distribution practices as a key technique for driving growth.

Inadequate systems outranked talent and capital resources in a Towers Watson poll of insurer pain points.

The Atlas Cloud P&C System is intended to modernize personal and commercial lines operations for regional carrier.

Two-thirds of respondents to EY’s global insurance CFO survey say that data are not granular enough and technology is outdated.

Financial losses due to insurance fraud cost U.S. insurers at least $80 billion a year, according to the Coalition Against Insurance Fraud, an association of industry, government and consumer organizations. The human cost, in terms of suffering and loss of life, is sky high as well. In an effort to dramatize the scope and depth of the problem, the coalition has singled out what it dubs the worst instances of insurance fraud in 2014. While these seven cases may not be the biggest in terms of total dollars involved, they are remarkable for the brazenness of the crimes and the viciousness of the perpetrators.