Policy adminstration

MFC Global Investment Management will use the Thomson Reuters Portia recordkeeping system for more than $66 billion in public assets under management.

Instant messages, text messages, blogs and wikis are some of the culprits contributing to content management difficulties.

Fans and critics of the new legislation weigh in after formal introduction.

Former CEO says risk management culture withered after his tenure ended.

Bill intends to protect elderly consumers from fraud.

Insurer will shed 10% of workforce and consolidate offices worldwide.

Insurers say an Optional Federal Charter (OFC) will streamline distribution channels, lower administrative costs and provide more product choices and pricing options for policyholders.

Commissioners’ Mandate Rests on Unfounded Fears

Among other findings in a Willis Re report, the reinsurance market stands out as the only capital market operating smoothly, with buyers able to access large quantities of contingent capital.

WEB-BASED BILLING SYSTEM

Rich Internet applications offer insurers expanded opportunities to interact with customers, brokers and agents.

IMAGERIGHT AND READSOFT PARTNER ON OFFERINGS

Carriers can see many benefits by providing service over the Web to commercial lines customers.

With few seeing the economic malaise lifting anytime soon, IT budgets will shift in focus, if not size.

Reinsurers used to operate on experience, intuition and a handshake.

CIOs consider integration and cultural choices when deciding between Software-as-a-Service and on-premise CRM.

As the issue of a federal charter for insurers once again engulfs Capitol Hill, the chance of a separate deal for life insurers.

Recognizing the potential for relationship building, a number of insurers turn to social media.

While macroeconomic conditions may buffet the industry, carriers are largely staying the course on IT spending.

Like a quarterback in the pocket, insurance CIOs modernizing their policy administration systems are facing a lot of pressure, but know that the end zone holds great promise.