Policy adminstration

Technology's role is enhanced in a down economy, when carriers are challenged with hitting their target.

As IT infrastructures become more complex, carriers look to a mix of new technologies and old methodologies.

Seattle - The shareholders of Safeco Corp. voted overwhelmingly to approve the merger agreement entered into on April 23, 2008 with Liberty Mutual Group. Of those Safeco shareholders who voted, 99.5% voted to approve the transaction. Under the terms of the merger agreement, Liberty Mutual will acquire all outstanding shares of common stock of Safeco for $68.25 per share, in cash. The transaction is not subject to financing contingencies.

Insurers need to go beyond the traditional definition of innovation and develop a culture in which new ideas are a part of the DNA and touch all sides of the industry, says Aon EVP.

As providers seek to improve patient satisfaction and associated business outlook, many are turning to electronic health records as one way to become more efficient and improve their operations.

According to Novarica research, companies need to look past hype and concentrate on creating business value.

The Center for Health Value Innovation directors gathered to discuss emerging trends and their relevance to health improvement and innovation.

With more than 28 years of insurance industry experience, Joseph Morris comes to James River from The Philadelphia Contributionship, where he was president and CEO.

Richard Resnick will now be responsible for providing oversight, direction and strategic leadership to Aon’s wrap-up clients.

National Indemnity Co. rapidly launches Fiserv’s Advance Billing solution.

Under the new organization, MajescoMastek has formed two divisions focused on meeting the specific needs of insurance carriers.

The site offers new content and functionality, and provides health plan executives their own navigation paths.

The insurer is pushing a customer-centric model out to its insureds.

A new study reveals that fewer than 50% of large enterprises rate their tools as “good” in maintaining high performance of applications on their corporate networks.

While insurers’ policy admin systems may have all the functionality they need right now, Celent warns that it might not be able to scale to support their business in the future.

The Japanese carrier is paying approximately $4.7 billion to acquire the Pennsylvania-based commercial property/casualty insurer.

A new report says sovereign wealth funds may target insurers for investment.

Architecture challenges and performance concerns are hampering life insurers’ adoption of software as a service for their policy administration systems.

The P&C insurer is launching a new Web site to educate its distribution network.

Deanna Mulligan will be responsible for developing and leading Guardian's product and business strategy to drive the company's continued growth in individual life and individual disability products and markets.