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If insurers were permitted to put aside funds with favorable tax treatment, it would not take long to build up significant...Be the first to commentMoreThe deadly twister in Moore, Okla., accounts for a majority of the loss potential, according to EQECAT.Commentary & Analysis
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The potential benefits of automated systems for new business and underwriting – in terms of speed, accuracy, cost reduction and improved service –...
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In order to remain profitable, productive and competitive, insurers have seen the need to develop mobile capabilities to meet rapidly changing customer...
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Per AdAge, at least one insurance company has partnered with an electric toothbrush manufacturer to share brushing data.
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While insurance marketers have long used data to segment and target customers, analyzing and acting on this data offers even more.
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Insurance loss estimates have yet to be released for storms that hit a community southwest of Fort Worth last night.
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Insurers have lots of data, and they are finding new ways to leverage it. High-performance analytics technology is inspiring a whole new set of fraud detection...
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Gary Shaw, Deloitte's new insurance industry lead, talks about major market forces that the consulting firm's clients face.
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To create an accurate budget you need visibility into a single set of data and the ability to see clear across your organization – regardless of...
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At a time when the auto insurance industry is evaluating the potential impact of autonomous vehicles, there are actually "flying cars" being produced.
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There is a great opportunity to more effectively utilize actuaries’ advanced analytics and modelling expertise, and thereby change actuaries’ role...
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The Hartford CEO Liam McGee tells Fox Business that the company expects weather to "be more severe this year"
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Insurer ACORD LOMA attendees agree on the best place to find dynamic, innovative ideas within the insurance organization.
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Consumers want anytime, anywhere access to products including insurance, but don't want to waste space on their devices. Can insurers make the case?
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The next generation of underwriting talent will grow and thrive not by the oral history passed along from the prior generation, but by the ability to provide an...
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One vendor at ACORD LOMA says insurers should embrace the app model even though it can be difficult to encourage policyholder adoption.
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Advances in the manufacturing industry provide a model for insurers to build innovative products.
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The new headquarters for AXA Equitable's Life Operations is built around facilitating an innovative culture.
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The Association of British Insurers tells its members that getting "explicit consent" from policyholders is a best practice when sharing telematics data outside...
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X by 2's Ram Sundaram says insurers pursuing IT transformation should do the opposite of five rules that represent conventional wisdom.
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The U.K.-based vendor's acquisition of a distribution technology leader gives it a strong foothold, but succeeding in both geographies won't be easy.
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Simply adding more variables can amplify meaningless feedback and add complexity. Profitable use of big data for improved pricing accuracy and enhanced customer...
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Successful agents differentiate themselves by building social media best practices into their regular routine to prospect, connect, and grow their customer base...
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The brave and loving family of our friend inspires us and many others through great strength despite their terrible loss.
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There's been much debate about the best way to encourage employee productivity. Insurance & Technology's IT Resource Management Guide offers insights into this...
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Technology will offer the healthcare industry a means to fast-track the Affordable Care Act by delivering customer-driven processes that leverage information...
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Join The Discussion
- Posted by Greg MacSweeney
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As more driverless cars are on the road, risk should go down, along with insurance rates. But, as emariacher says, liability will be shifted to manufacturers, who will need insurance to cover their...
In reply to: 4 Ways Driverless Cars Are Poised to Shake up Insurance
- Posted by Cara Latham
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Undoubtedly, driverless cars will eliminate some of the driver errors that lead to extensive injury and damage, but as the sources in the article note, new risks will come into play as new and...
In reply to: 4 Ways Driverless Cars Are Poised to Shake up Insurance
- Posted by Kathy Burger
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Interesting pairing with the driverless cars gallery. Presumably less auto insurance-related fraud potential with driverless cars?
In reply to: NCIB Reports 27% Increase in Questionable Claims
- Posted by Greg MacSweeney
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