Policy adminstration

Designed for insurance carriers and broker/dealers selling annuity products, the service features analysis by product, carrier, distributor, agent and investor.

Health insurers overall received a low grade on the American Medical Association’s (AMA) / most recent “National Health Insurer Report Card” (NHIRC). Commercial health insurers have an average claims-processing error rate of 19.3 percent, an increase of two percent compared last year, according to the findings. The increase in overall inaccuracy represents an extra 3.6 million in erroneous claims payments compared to last year, and added an estimated $1.5 billion in unnecessary administrative costs to the health system, AMA says. The AMA estimates that eliminating health insurer claim payment errors would save $17 billion.

The number of lightning claims is down, but the average cost per claim rose 13% from 2009; expensive electronics may be culprit.

Survey reveals that U.S. insurers have more confidence than their non-insurance counterparts when strengthening competitive position through mergers and acquisitions.

USAA, Securian Financial highlight annual ranking.

Insurer expects to streamline policy administration, enhance underwriting accuracy and efficiency, and provide automated, real-time billing.

Business process management (BPM) system designed to enable carriers to streamline and automate end-to-end business processes.

Planning and IT business alignment central to success, survey results suggest.

Munich Re expects to reduce nearly $500,000 in annual electricity costs with new solar power system; Harleysville already realizing energy cost reductions of 25% since 2008.

While traditional channels are still heavily used for communications, communicating electronically is now critical for insurers.

Experts at the IASA Educational Conference and Business Show came up with lots of potential answers, but a solution continues to elude us.

When creating an “influence channel,” insurers and agents could really help each other: Insurers need social media fan recruitment, and agents need content.

Five Key Points That Should be Part of Every Social Media Policy

Information manager job descriptions altering from traditional infrastructure focus to being business agile and innovative, says new study.

J Eric Smith will join Swiss Re as president and CEO, Americas in July.

Hampton Roads Bankshares Inc. is looking to sell Gateway Bank Mortgage Inc. and Gateway Insurance Services Inc.

Employee Retention a Challenge for P&C Reinsurance Depts.

SOA Expands into Enterprise Developer Area

Farmers Gets More Facetime with Facebook Fans Through Zynga Partnership

Without dirt-cheap storage, there would be no Big Data. And no cloud for that matter, either.