Technology
Technology
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Through a five-year project, the insurer improved efficiency by 25 percent and achieved a straight-through processing percentage of 75 percent for BOP accounts.
October 22 -
While the majority of insurers plan to be ready by the proposed 2015 deadline, many still have to address their IT practices.
October 22 -
Is the current tone of debates surrounding public-versus-private cloud options hurting potentially innovative efforts?
October 19 -
Novarica Research Council Impact Award Nominee of the Day: Oregon Mutual Insurances tablet-based interactive reports leverage the value of marketing information and quantify field information for increased productivity and retention.
October 19 -
Insurer hopes that purchase will enhance its customer service, claim outcomes and overall efficiency.
October 19 -
Profiling rating solution providers, Novarica dissects the overall market as well as the individual components of solutions that make for effective purchases.
October 18 -
Panel representing hundreds of vendors and businesses engaged in cloud deployments globally discuss standards.
October 18 -
Novarica Research Council Impact Award Nominee of the Day: Employee input at CAMICO has led to 95 percent policy retention and 92 percent employee satisfaction among IT workers.
October 18 -
Insurer to implement FireLight, which is designed for electronic term life insurance business processing.
October 17 -
P&C insurer looks to investment accounting, reporting and analytics software in an attempt to achieve greater transparency, control and scalability.
October 17 -
Novarica Research Council Impact Award Nominee of the Day: Cincinnati Financial transforms independent agents process business using ACORD XML standards and real time from agency systems.
October 17 -
Acquisition of DaVinci Consulting Group to enhance long-term care insurance capabilities at Towers Watson.
October 16 -
GEICO has the simplest brand among U.S. insurers, according to Siegel+Gale released its 2012 U.S. and Global Brand Simplicity rankings today. GEICO, ranked 21 out of 125 U.S. brands, was the only insurer to be considered a leader, as Allstate, which was ranked 84th in the United States as the only other insurer listed, was the last brand included in the middle of the pack section.
October 16 -
American Safety Insurance (ASI) wanted to eliminate unnecessary manual tasks that were required to unify several stand-along legacy systems. Therefore, the insurer began an initiative in 2010 to consolidate all underwriting units across the company onto a single policy administration system, which included five components: a policy admin and rating system, agency and broker master file management technology, reporting software, document management software and forms generation technology, all from different vendors.
October 16 -
In a tough operating environment, the title insurance industry persevered with improvements in many major financial and operational categories in 2011, including composite ratio, and in a new special report, A.M. Best expects these successes to be surpassed in 2012.
October 15 -
Here's why cloud security liability should follow the model established by the scenarios of ultimate responsibility from car accidents.
October 15 -
Great American Insurance Group, nominated for a Practice award, wanted to create a competitive advantage and excellent customer experience by offering customer mobile applications to deliver self-service functionality.
October 15 -
Gallagher looks to Unisons industry relationships to complement its employee benefits brokerage operation.
October 15 -
Provider of risk financing and loss prevention services for Texas municipalities calls on software provider in attempt to become more proactive with claims.
October 15 -
WellPoint Inc., the second-biggest U.S. health insurer, will reorganize into four business units in the first major move undertaken by interim Chief Executive Officer John Cannon.
October 12