Policy adminstration

A.M. Best , Fitch Ratings, Moody’s and Standard & Poor’s (S&P) released ratings updates. The following are some of the most recent:

Many times, insurers don’t look closely enough at all available data and information to see clearly, and lose out on opportunities as a result.

Search is now generating thousands of new policies for agents and carriers, making it an indispensable part of their marketing strategy.

Across categories, 66% of claimants who give their carriers high satisfaction scores will renew their policies, but only 49% who give carriers low satisfaction scores plan to renew.

A McKinsey & Co. study finds 55% of execs say current performance in providing basic IT services is very or extremely effective, but only 21% are happy with IT's ability to add value to the business.

Michael Mitrovic will be responsible for overseeing a fully integrated claims management infrastructure to effectively serve clients throughout Ironshore’s multi-specialty, global platform.

OK, so some prominent global warming acolytes have been rigging the numbers; let’s just pretend that didn’t happen.

Chubb will work with the collaboration and innovation management tool company for two more years.

While regulators may have agreed to delay plans to treat equity-indexed annuities like securities, many bank-affiliated brokerages already have beaten them to the punch.

AIA foresees crucial 2010 for the insurance industry on Capitol Hill.

Democrats fend off filibuster attempt to move bill to floor.

Agency says detection and warning capabilities have grown since 2004.

Marsh will have preferred access to provide insurance broking and risk management services to HSBC’s corporate and private clients.

Survey results show younger generation more open to being approached via non-traditional channels.

Legislation seeks to divide deposit and investment banks and prohibits commercial banks from engaging in all insurance activities.

Sources say PC sales will increase in the commercial sector, but where will the money come from, and who will use them?

Tanya Krochta promoted to new position.

Businesses need working solutions to their problems, and spending capital on all the latest bells and whistles is not the answer.

Despite research indicating that 41% of online insurance consumers are interested in PAYD policies, why hasn't this seemingly innovative and intuitive program been adopted by more states, or backed by regulatory groups?

Liberty Mutual Updated its RISKTRAC to provide buyers and intermediaries with a single system for more effectively managing property/casualty insurance, disability and leave programs.