Consolidating Rating and Underwriting to Compete in the Modern Insurance Market
Consolidating onto a single rating engine enables the agility and efficiency that insurers require to effectively compete in the modern insurance market. With a streamlined rating approach, insurers can rapidly adapt to market changes and capitalize on new business opportunities, while reducing IT costs to optimize profits.
CHT Releases HealthMall Version 3.0
Consumer Health Technologies' HealthMall portal gives health insurers' customers access to various healthcare products and services from online pharmacies and vendors, such as Walgreens, drugstore.com and CoastalContacts.com.
Jackson Names Mark Clark CIO
The Lansing, Mich.-based insurer also announced the promotion of Laura Prieskorn to senior vice president and chief administrative officer.
Intel Sued by FTC for Stifling Competition
The Federal Trade Commission (FTC) is alleging that Santa Clara, Calif.-based chipmaker Intel has stifled competition in the microprocessor market, in a new lawsuit filed on Wednesday.
State Farm's Deal With Florida: Reality Bites
The Florida Office's statement admits that it had been asking the unreasonable by saying that the deal will allow "State Farm Florida to remain a viable insurer in the Florida market."
IBM to Acquire Lombardi
IBM has entered a definitive agreement to acquire business process management (BPM) software and services firm Lombardi.
Chubb Extends Imaginatik Contract
The carrier uses Imaginatik's Idea Central collaboration software for idea management, new product development and cost-reduction initiatives, according to an Imaginatik press release.
Frazee Joins Aviva USA as CIO
The former West Bend Mutual CIO will be responsible for all IT functions supporting Aviva's U.S. life and annuity business.
Challenging Climate Forces Insurers to Break New Ground
If there is a positive to the challenges faced by the insurance industry in 2009, it's that new technology approaches have enjoyed some validation. Members of I&T's Reader Advisory Board offer insight into their organizations' IT strategies for 2010.
IT Investment to the Rescue
Continuing economic uncertainty has spurred rather than hobbled technology investment, as insurance IT organizations seek to support competitive distinction through superior underwriting, pricing and customer-facing capabilities.
4 Technology Solutions That Sizzle
While insurers often are cautious in their adoption of emerging technologies, carriers are investing in four solutions -- cloud computing, mobile, analytics and social networking -- that are just too transformative to ignore.
ISO Launches Israel-Based Underwriting Information Resource
The underwriting system is aimed at enabling insurers and agents to comply with the requirement to verify applicant information that was established by the Ministry of Finance in Israel to encourage more effective underwriting and fraud prevention.
Duck Creek Releases EXAMPLE Platform 4.1
The new release will provide enhanced performance capabilities, owing to new efficiencies designed into EXAMPLE Platform 4.1's core infrastructure, according to the vendor.
Pre-Launch Practices to Accelerate Your Insurance IT Initiative
By Chad Sands, manager, P&C systems, State Farm Insurance Cos.
Large initiatives often fail to live up to expectations not only due to their size and complexity, but also due to the number of interested parties and competing priorities they tend to attract. Leadership decisions prior to the launch of a large initiative do more to establish its ultimate trajectory than perhaps any other factor. The following are three practices which can help ensure your initiative launches with the best chanc
RSA Canada Selects Duck Creek
RSA Canada has selected Duck Creek Technologies' policy administration system for its commercial Insurance operations.
Herve Glaize Appointed SVP of AXA Tech
Herve Glaize appointed SVP of AXA Tech; leads North America Service Delivery Client Office and will manage AXA Tech expansion of IT service delivery to Canada and Mexico.