Policy adminstration

New report says insurers are making slow, but steady progress remaking their core systems.

Letting customers do the work for themselves obviously saves money for insurers, but why don’t more customers do it?

Insurers will increasingly use public, shared data to make informed pricing decisions, which begs the question: How will underwriters use this new information?

The insurer added more than $2 billion to surplus for the year, expanding policyholders’ safety cushion to more than $15 billion.

Insurers must link plans to the overall company strategy already in use, and expect detours along the way, Gartner analysts say.

New report chastises insurance industry for owning shares of fast food companies.

SAS Risk Management for Insurance is designed to help insurers better assesses risks, and can be used in tandem with other analysis software.

Political strife continues to plague the measure authorizing extensions.

Why should insurers use social networks? Celent provides three principle reasons.

FDIC Chair Sheila Bair says that if this law had been in place before 2008, there would have been no chance AIG could have been bailed out.

After more than 100 hours of interviews with insurance execs, SMA unearthed 10 common initiatives regarding market recovery and future changes.

Actuaries say insurers need to develop additional analysis techniques in face of scoring bans.

Aite Group report notes IT offerings, not domain expertise, as differentiation.

The companies will combine use of technologies to help insurers eradicate premium leakage, which they estimate to be around $3 billion per year.

SunGard Global Services, a 4,500-member consortium of SunGard’s consulting and technology teams, named Mack Gill president.

An IBM report recommends aggressive adoption of tools and platforms that foster collaboration between employee groups as a key to maximizing growth in this recovering economy.

Aon says the number of organizations seeking improved performance and decision-making with ERM has risen dramatically since in the wake of the financial meltdown.

If Tiger Woods' image can have such a profound effect on Gatorade and Nike's bottom lines, can characters in insurers' ad campaigns do the same?

As insurers emerge from the economic downturn, opportunities for growth may not follow traditional patterns, nor are things likely to improve as quickly as before.

Survey results raise questions about bancassurance being the preferred channel, as insurance Web sites and aggregators gain ground.