Policy adminstration

Guidewire solution designed to reduce manual billing processes, provide weekly enhancements.

Relationship designed to bring BPO and business continuity services to small- to mid-sized P&C insurance carriers.

The 2011 ACORD/LOMA Systems Forum began Sunday with vendors concentrating on familiar themes, but also placing more emphasis on mobile tech than in previous years.

Insurance Networking News is proud to present its INN Newscast. This special video edition brings you exclusive coverage from day one of the 2011 ACORD LOMA Insurance Systems Forum in San Diego.Broadcast includes: • LOMA SVP Jeff Hasty discusses the life and annuity industry’s current challenges.• Monique Hesseling, head of personal lines/small commercial segment development for Zurich and the chairperson of the ACORD Standards Committee, breaks down the organizational changes at ACORD and what this means for insurers. • Attendees answer the question: Where within your own organization have you seen the most benefits from standards use? 

AEGON, Jackson, Munich Re, Nationwide and others all released their first-quarter figures.

Solution designed to more effectively manage claims and identify fraudulent activity.

Plaintiffs allege medical treatment was wrongfully denied by USAA.

More than 40% of financial services’ senior human resources professionals identified a stronger focus on pay issues over the next 12 months than on other HR changes, according to a poll conducted by global professional services company Towers Watson. The survey respondents noted risk adjustments to financials or incentive pools as the most expected shift in pay policies, and a focus on pay issues rather than other changes, such as linkage of deferred vehicles to business unit performance (16%) or longer vesting periods (15%).

Confusing wording makes auto insurance policies incomprehensible to 36% of American drivers, according to a survey.

Of the many claims that U.S. property insurers reported in 2010, electronics, jewelry and apparel top the list.

The new group will provide those in the life insurance and annuity market with advice on risk mitigation and financial leverage.

Cloud computing may help meet some the challenges that are arising from Big Data.

A data center industry survey sees operations migrating to the cloud as resources dwindle.

ProspX platform designed to streamline communication with agency’s global broker and carrier partners.

Pending capital requirements are altering business strategies of European-owned U.S. life subsidiaries.

Cloud and mobile markets cause spike in open software, though barriers persist, a survey finds.

Both variable and fixed annuities have seen sales rise so far in 2011, according to a LIMRA report.

Niche brokers and insurers should view telematics as a market differentiator, and auto insurers should think of as a means to meet impending legislation.

Agency-centric insurer pays $1 billion to acquire Esurance and expand its presence on the Web.

insurance, claims, losses, disaster recovery, Chubb, Japanese catastrophe