Technology
Technology
-
High losses come despite a dramatic decrease in the number of tornadoes last month.
May 9 -
If you have been with a company that has acquired or merged with another, you have likely felt the pain that goes with merging systems and data sets but does it need to be that difficult?
May 8 -
Berkshire Hathaway was listed fifth overall on the 2013 Fortune 500; Berkshire was the top-listed insurer out of the 36 that appeared overall. 11 insurers were landed in the top 100. In 2012, 14 insurers were in the top 100 and 46 were listed among the Fortune 500.
May 8 -
Ninety-eight percent of insurer respondents indicated that they have a woman serving in an executive position within their company, according the new Women in Insurance Leadership Insight Report. Yet, there is only one woman CEO at either a Fortune 500 or 1000 insurance company.
May 8 -
Reinsurance administration system to replace the insurer's current legacy system.
May 8 -
Insurer will customize and brand the mobile app while integrating it with their core back-end systems using existing Web services.
May 8 -
Downloadable geographic information system designed to offer map applications and big data visualization.
May 7 -
Amazon provides compliant expansion points while the business software provider will develop consultancy, tech support.
May 7 -
Personal lines also sees small increase; commercial property and workers compensation lines edged up to 6% increases.
May 7 -
INN developed the ranking in partnership with Celent, an independent business research and advisory service with a specialization in insurance technology. Celent facilitated survey development, data collection and analysis. The result is an insightful set of rankings based on objective peer review.
May 7 -
Eighty-three percent of P&C insurers indicate that they will increase their spending over the next three years. The top three areas for investments in analytics, according to SMAs data, remain the risk-centric areas of product development, underwriting and claims.
May 6 -
New partnership enables 161,000 service members to earn nationally recognized certifications across a dozen tech professions.
May 6 -
State Farm is beginning to test RightLane, which collects basic information about a person's driving via an Android smartphone.
May 6 -
As national unemployment improved to 7.5 percent last month, growth of IT jobs has fallen from a peak of 11,700 jobs added in January to only 4,600 added in April, according to this months IT jobs report from Janco Associates.
May 6 -
Direct-to-consumer auto insurer implementing underwriting and policy administration software first with renewal processing, then with new business.
May 5 -
Directors & officers liability insurance (D&O) and professional liability business is generating accident year underwriting losses for the industry despite recent stability in loss ratios, according to a new segment analysis from Fitch. D&O premium rates were previously lagging the market recovery in the broader commercial lines segment, but pricing trends are now catching up.
May 3 -
Sandy resulted in approximately 1.5 million claims overall, 92 percent of which were completed at four months.
May 3 -
How one insurance company re-created mainframe logic on a Windows/.NET server environment.
May 3 -
Investment income dropped to $4.16 billion from $7.11 billion the previous year earlier.
May 3 -
The chairman of Berkshire Hathaway says he wants to get into commercial insurance "big time."
May 3