Technology
Technology
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With less than three months until 2014 and Congress hands full elsewhere, insurers, particularly workers comp and commercial casualty insurers, should be devising plans to handle added terrorism risk exposure.
October 11 -
Partnership with MFX designed to deliver SaaS deployment of Cover-All's policy administration and BI software.
October 11 -
New platform to be implemented for medical malpractice policy administration, rating, quoting, underwriting and policy lifecycle management.
October 11 -
Incorrect information from the Centers for Medicare and Medicaid Services led to the decision, insurer said.
October 10 -
Change is occurring faster and faster but all you keep hearing is "BUT Insurance is Complex". The complexity should never be a barrier to innovation, but just the opposite - the driver for innovation. It's time to drop the crutch and embrace the change.
October 10 -
McKinseys prediction that the local independent agencies are declining glosses over important distinctions between business models and value propositions, says agency associations CEO.
October 10 -
During the quarter ended September 30, insurance underwriters announced or completed 20 deals, vs. 35 in the year-ago quarter with no single transaction exceeding $1 billion, according to SNL Financial data.
October 10 -
The services and solution are intended to automate and streamline the insurers administrative processes on New Yorks exchange.
October 10 -
New version of Financial Crime Risk Management platform is designed to support automated generation of suspicious activity reports.
October 10 -
Third-quarter net income decreased to $232.4 million, or 39 cents a share, from $277 million, or 46 cents, a year earlier.
October 10 -
Knowing file sizes, the volume of your application network, and plans for the future are on a list of tips and questions insurers should know and ask when considering a move to the cloud.
October 9 -
Underwriters continue to view merger objection claims and regulatory investigations as top concerns.
October 9 -
An influx of alternative capital is driving down property rates, according to Willis Group Holdings; many commercial casualty lines of business likely to experience rate increases.
October 9 -
We live our lives immersed in technology, and over time, weve come to think that anyone can do this sort of thing. But IT is hard.
October 9 -
Late next year, the International Association of Insurance Supervisors will implement capital rules for the insurers deemed systemically important, currently including MetLife, Prudential, Axa, AIG and Allianz.
October 9 -
New policy administration system deployed for initial two lines, whole and term life, in a multi-phase process.
October 9 -
Wolters Kluwers annual list of compliance issues for both P&C and life/health insurers highlight the difficulty of keeping up with regulatory changes for claims, underwriting and distribution processes.
October 8 -
Insurers are receiving files from the exchanges that they are unable to open, or that are missing too much data to process.
October 8 -
Some medium-sized, publicly-traded insurers are encountering operational challenges and could be sold, restructured or placed into run off, according to MarketScout.
October 7 -
After four years at sub-book value, underwriting fundamentals have improved and support higher valuations, Conning said. However, a return to higher historical valuations remains unlikely.
October 7



