Policy adminstration

To maintain vigilance, information security officers need to combine technological savvy with knowledge of the business.

Global insurance outsourcing is growing at a CAGR of 8%, expected to become a $24 billion industry next year.

Based on findings from a new Fitch Ratings report, the property/casualty profitability decline is a result of poor investment performance and deteriorating accident-year underwriting results.

A new report says insurers need to clearly define the position for these jacks-of-all-trades.

The company's chief claims officer says the claims function has evolved in such a way that it now requires more sophisticated technical expertise and the ability to coordinate diverse and complex information systems.

The carrier’s data warehouse infrastructure management initiative added 10 terabytes of needed storage.

Survey of reinsurers confirms that property catastrophe data integrity impacts reinsurance pricing, and predicts that implementing world-class data quality controls and management practices has the potential to create a win-win for all parties.

When asked, "What is the top issue facing the insurance industry?," 44% of survey respondents chose competitive price/adequate profitability.

Swiss Re contends a country risk officer, comparable to the role of a chief risk officer, is a useful model to develop an integrated perspective across the social, economic and environmental risks of a country.

Association says the proposal to reclassify indexed products as securities is unnecessary.

Designed specifically for insurers, the tool provides assessment of likely tropical cyclone impact.

Replacing its existing system, Kaiser is betting that Pegasystems’ Customer Process Manager for Healthcare packaged solution will drive first-call resolution rates.

The office will contain the growing post-production client support services group as well as insurance business analysts, project managers and insurance technology staff.

Effective September 3, Catherine Weatherford will replace Mark Mackey, who announced his resignation in January, as NAVA’s president and CEO.

Chicago-based broker pays $1.75 billion to acquire British reinsurer.

A new study says Americans would pay billions if Congress passes the Hurricane Insurance Proposal and another Katrina-like storm strikes.

Indianapolis — Blue Cross & Blue Shield Rhode Island (BCBSRI) has inked a deal with WellPoint NextRx, an independent pharmacy benefit management (PBM) company and a division of Indianapolis-based WellPoint, Inc., to offer the SureScripts-RxHub to physicians in Rhode Island.

New reports cite implications of vendor mergers on the important functions of creating and managing documents.

Sacramento, Calif. – Julie Davis believes that women working in insurance have the unique skill sets and innovative ideas that are keys to reforming the industry, and that risk-taking in bringing forth these innovations should be rewarded. The problem, Davis said, is that risk-taking is something women tend to avoid in the insurance industry.

Columbia, S.C. - Fiserv Insurance Solutions, a provider of technology, professional services, and strategic sourcing options, announced today that it has assumed responsibility for three compliance products that Fiserv acquired with CheckFree in 2007.