Policy adminstration

Does this mean that our technology providers have emerged from the economic sweat lodge and are now gathered around the tribal fires chanting “Kumbaya” for your benefit? Probably not.

Witnesses tell House committee that cross-state sales would reduce the number of uninsured.

As the insurance industry continues to recover from an ailing economy, the focus on life insurers’ overall financial health has been largely a “wait-and-see” one. Unlike property/casualty carriers, whose cash flow is relatively fluid, life insurers’ success is tied largely to superior, sustained financial management.

June 8, 2011 is the last day nominations for Women in Insurance Leadership awards will be accepted.

As the Asian insurance market continues to grow, it faces constraints and opportunities not unlike their North American competitors. A recent report by Boston-based research and consulting firm Celent notes insurers' top three drivers for IT investment in 2011: growing the business, ease of doing business with agents and other distribution channels, and ease of doing business with customers. The report reviews in detail the current business trends facing the market for 2011, and how they are impacting IT investment.

SOA has seen a resurgence, largely because most insurers are contemplating a move to cloud – public, private, or hybrid – and need the supporting infrastructure to make it viable.

At the ACORD Loma Insurance Systems Forum, speakers presented a compelling vision of how the mobility, the cloud and Big Data are set to reshape the industry.

Product designed to allow agents and brokers to personalize customer communications for increased profitability.

The family of device-agnostic mobile insurance apps intended to give agents, insurance pros and policyholders on-the-go access to services from both L&A and P&C systems.

Insurance Institute for Highway Safety says, in a turnaround from prior rankings, six of 13 small—rather than large—cars earn safety awards.

“Innovate or die” is a phrase often bandied about these days, and for insurance companies, it’s advice to take to heart.

Japanese companies are selling “one-time” policies for risks that are interesting and surprising, thanks to wireless technology.

To compete for skilled IT pros in this reviving economy, insurers will to market themselves as great places to work, and offer open, flexible working arrangements, likely with compensation tied to performance.

Treasury begins to lessen ownership stake as it unloads 200 million shares of the insurer’s common stock.

Functionality to provide agents, financial advisers and policyholders access to application status, account balances and commission payments.

iCRM to provide dashboard with widget interface, personalization, customer experience management and insurance analytics.

The Hartford, which acquired Federal Trust in early 2009 to get a $3.4 billion investment from the TARP program, says it considers the bank a non-core business.

LIMRA says guaranteed living benefits were adopted 86% of the time in Q1 when they were offered with variable annuities.

Annuity sales through banks topped $4 billion in March to reach their highest level in two years, research says.

The annual insurance technology conference saw shifting trends, but issues from the past remain a challenge.