Policy adminstration

One of the biggest challenges facing insurers today is updating or migrating their legacy systems to better align themselves with the rapidly changing business landscape.

Nine target date funds feature patent-pending ‘glide path’ to recalibrate investment allocations as investors approach and then move into retirement.

Tom Bolt and his team will be responsible for working with individual Lloyd's businesses to improve the commercial performance of the market.

The insurer adds to its diverse workforce by recruiting a record number of financial reps in 2008.

Elimination of contentious group support clause paves way for enactment of regulations.

Association taps Ethan Sonnichsen as government relations director.

The executives will field questions from Howard Mills, former New York state insurance superintendent, now an advisor for Deloitte LLP, and Lamont Boyd, insurance product manager for Fair Isaac Corp.

A new document shows that a strong balance sheet and operational support are the keys to strong rating.

PCI prefers regulators avoid a one-size-fits-all approach and instead take one that recognizes that few P&C carriers pose a system risk.

As the importance of the Web as a service channel grows, carriers need to recognize the importance of mashups as a business tool.

Deloitte identifies attributes of Gen Y that will help insurers create a customer service model geared toward the growing consumer group.

Health insurer is the latest target in dispute over compensation database.

The Treasury Secretary says large insurers should come under federal regulation, as he details Obama administration’s plan to re-write oversight of financial services industry.

Bank hires new president tasked with expanding distribution channel.

The company plans to increase development of its underwriting product and expand sales and marketing with the new funding.

It isn’t compensation that drives insurance agent satisfaction with their P&C insurers; it’s the insurers’ primary contact and breadth of product availability, according to J.D. Power and Assoc.

As offerings widen, carriers are continuing to find places throughout the enterprise to employ data-driven technologies.

The push includes giving the agency the authority to provide financial help or even place a company into conservatorship and receivership.

Although the rating itself was left unchanged, citing the drop in insurance operations capital caused by stock market declines, S&P’s Ratings Services downgraded the insurer’s outlook from stable to negative.

A new Gartner study says that, despite the fact that fewer than 10% of surveyed organizations currently run the latest version of their CRM suite, business execs are overwhelmingly eying upgrades.