Policy adminstration

It's easy enough to tell what is wrong: broadly, the imperative to update legacy systems and become more easy to do business with, internally and externally, leveraging technology. And the answers are out there, in great abundance, even, as is the will to improve.

Focusing on the lack of testing makes for snappy headlines. More importantly, though, it's an indication of systemic failures in the development process.

How the big changes of 2013 are affecting insurers' technology strategies for 2014.

Big data, analytics and enterprise applications will continue to drive software spending growth into 2017, according to a new report from IT research firm International Data Corp.

Katherine Brennan will replace the retiring Melvin Schwarz to Retire and join board of managers and global operating committee.

Stabilizing global economy and gradually rising interest rates are favorable, according to Moody’s.

ROM Re CEO Marianne Petillo was named a 2013 WIL winner as a result of her ability to retain staff in a runoff business and introduce technology into a formerly manual reinsurance operation.

Insurer expands flood insurance coverage for high-net-worth homeowner clients.

Insurer to deploy P&C software suite to streamline product development.

How to manage convergence in a global technology environment.

Only USAA, GEICO and two other large insurers qualified for a list of longer-term profitable and growing carriers. Leaders also tend toward specialization and use independent agents, according to a report from Conning.

Zurich Insurance is seeking a return on equity, a measure of profitability, of 12 percent to 14 percent in the three years through 2016.

AMI goes live with policy administration, billing and claims solutions for motor vehicle lines of business.

Insurer chooses SIMS Claims to manage claims within its commercial insurance programs, including property, liability, commercial auto and workers’ compensation.

Formerly of Aon Risk Solutions, John Elliott will be responsible for developing and implementing technology strategies.

Aspen Re creates the special-purpose insurer to provide additional collateralized capacity support the reinsurer’s global business.

Bodo Sartorius will also serve as senior EU executive.

Vendor marketing tactics have escalated to a whole new level of insanity.

Peter Gorman has more than 22 years of reinsurance market experience.

Coming to an insurance business near you: predictive analytics.