Blog


Second Judge Rules Health Mandate Unconstitutional
January 31, 2011 @ 15:57 PM | By Nathan Golia

Judge Roger Vinson of Florida, a Reagan appointee, also said that the law should remain in effect through appeal, and upheld a requirement for states to pay Medicaid costs.

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Automated Underwriting Systems Key to Meeting Life Insurance Lower-End Market Demand
January 31, 2011 @ 11:31 AM | By Karen Monks- Celent

Next-generation systems can meet the needs of the middle market and at the same time lower the cost of issuing lower face value policies, says Celent's Karen Monks.

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As Economic Winter Drags on, Insurers Warm up to Outsourcing
January 28, 2011 @ 10:13 AM | By Mike Tallitsch- WAUSAU Financial Systems

Around 70 percent of all the systems currently used by insurers are legacy applications, with some dating all the way back to Vince Lombardi’s championship Green Bay Packers teams. These systems are old and inflexible, and require endless integration, maintenance and support from IT departments.

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Congressional Committee on Financial Crisis Goes Light on Government Blame
January 26, 2011 @ 17:12 PM | By Anthony O'Donnell

Blame goes to "captains of finance and the public stewards" of the financial system, but little said about the vigorous government housing and mortgage lending policy that precipitated the crisis and determined its magnitude.

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The Next Platform War: Enterprise Mobile
January 26, 2011 @ 11:07 AM | By Nathan Golia

While Apple and Google wrestle for the consumer market, a side battle is being waged in the business market between Apple and Research In Motion.

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Will Your Document Management System Soon Be Unsupported?
January 25, 2011 @ 12:15 PM | By Anthony O'Donnell

Carriers whose legacy document management platforms will soon be unsupported face a decision to either migrate or convert.

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Is Your Company Encouraging or Impeding Financial Literacy?
January 24, 2011 @ 13:30 PM | By Kathy Burger

The Center for Plain Language launches ClearMark Awards to honor great financial communications.

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Striking Before/After Aerial Images of Queensland's Devastating Floods
January 21, 2011 @ 10:52 AM | By Anthony O'Donnell

High quality aerial comparison photos show how the worst flooding since 1974 have put huge areas of state capital Brisbane under water.

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Larry Page Takes Over as Google CEO
January 20, 2011 @ 16:39 PM | By Nathan Golia

Current CEO Eric Schmidt announced a new management structure, taking effect April 4.

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Accurate Contact Data Improves the Bottom Line for Insurers
January 20, 2011 @ 16:15 PM | By Thomas Schutz- SVP General Manager- Experian QAS

Accurate contact data helps insurers provide a high level of customer service while maintaining lean operating costs.

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Selling Insurance in the Digital Age
January 19, 2011 @ 16:46 PM | By Christian Bieck- Global Insurance Lead- IBM Institute of Business Value

Selling insurance in the digital age: While most insurers recognize that consumer behavior is changing, they don't yet understand how to optimize their channel strategies to influence customers and their networks.

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Solvency II: More of What You Need to Know Right Now (Part II)
January 19, 2011 @ 12:20 PM | By Petra Wildemann- SunGard

Solvency II will require accountability from the C-suite, and non-compliance could be dangerous — but there are benefits, SunGard's Petra Wildemann says.

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Solvency II: What You Need to Know Right Now (Part I)
January 14, 2011 @ 14:12 PM | By Petra Wildemann- SunGard

SunGard's Petra Wildemann discusses coming implementation milestones and the time, budgeting and planning required for compliance — particularly for carrier technology organizations.

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IBM Study Finds Midsize Insurers Focused on Customer Experience
January 14, 2011 @ 10:00 AM | By Nathan Golia

While IT is currently dealing with regulatory and security issues at carriers with 100 to 1,000 employees, one can expect their priorities to move to customer experience technologies throughout the year.

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P&C Joint Industry Forum Attendees Expect Better 2011, But Outlook Somewhat Tepid
January 13, 2011 @ 12:38 PM | By Nathan Golia

Investments in agent channel could be the key to better growth among carriers.

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With Proper Regulation, Microinsurance Presents a $40 Billion Opportunity Says Swiss Re
January 12, 2011 @ 12:30 PM | By Anthony O'Donnell

The troubled Indian microcredit industry exposes some of the hazards of microfinance, but regulatory safeguards and responsible business practices can open up lucrative lines of business.

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SMA Identifies 5 Key Trends for Insurers in 2011
January 09, 2011 @ 11:09 AM | By Anthony O'Donnell

The SMA brief outlines five technology trend "watch points" and counsels insurers how to act on these developing trends.

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Health Plans Rely on Technology and Innovation to Tackle Rising Healthcare Costs
January 05, 2011 @ 13:09 PM | By Barry Mason- vice president global healthcare payers- IBM

The cost of care delivery is projected to rise an eye-popping 83 percent in the next 10 years. In response, payers are allying themselves with a broad set of healthcare partners to develop bold and new care models.

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2011 Changes in Carriers' Sourcing Management Strategies
January 04, 2011 @ 11:45 AM | By Syama Sundar- Tata Consultancy Services

The coming year will see a significant shift in how the insurance industry manages its sourcing partner relationships as outsourcing becomes secondary to delivering business outcomes tied to service-level agreements.

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The Benefits of the Private Cloud
January 04, 2011 @ 11:40 AM | By Alfred Goxhaj- Philadelphia Insurance Companies

The ever-increasing demand on insurance technology systems from multiple sales channels and processing operations makes the leveraging of cloud computing a logical choice for carriers.

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Emerging Trends in Data Processing
January 04, 2011 @ 11:30 AM | By Scott Dixon- The Hartford

Emerging trends in data processing are offering the crisp, quick turnaround that decision makers need.

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AIG's Bob Benmosche Reflects on His Career (Video)
January 03, 2011 @ 10:43 AM | By Kathy Burger

Former MetLife CEO explains why he came out of retirement to head struggling AIG.

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