Already used by top ten P&C carriers and reinsurers, the tool has been made generally available to enable customers to create realistic footprints for hurricanes both before and after landfall and to conduct detailed claims analyses using their own loss experience.
Among a roster of recent appointments and promotions announced by Selective Insurance were George Neale as SVP, Chief Claims Officer, and John Bresney as SVP, Application Delivery Services.
The new environment will provide intuitive, enterprise-wide access to real-time risk intelligence, enabling decision-makers at every level of the organization - from risk analysts to the CEO - the opportunity to ask questions and get answers in real time, according to the vendor.
Gordon Gaudet, most recently director and co-lead of Deloitte Consulting's Insurance Core Systems Transformation practice, will have responsibility for all IT operations at the P&C insurer.
Insurance & Technology reached out to attendees of the upcoming 2013 ACORD LOMA Insurance Systems Forum, the first of this spring's trade shows, to find out what they will be on the lookout for in Las Vegas.
Majority of CIOs in six countries queried in SAP study see potential in the Internet of Things, but U.S. and U.K. respondents show more doubt than their peers.
New York Life’s senior managing director and chief information officer in the company’s Investments Group recommends seven stages to complete a successful first 100 days, leading to longer-term success.
Electronic health record vendor Greenway and insurer Florida Blue strike deal to use Availity as conduit for care summaries that providers need and EHR data that insurers want.
Genworth U.S. Life Companies reduces new policy cycle times from about 25 days to an average of eight by adopting Aplifi's multi-carrier electronic settlement platform.
To become a truly effective IT organization, it is vital to understand the customer's expectations and how you're performing according to those expectations.
Organizations that run their own data centers will spend an average of $17 million on security products this year, according to a new survey—an increase of more than $2 million.
Policy holders concentrated by type and geography are among the reasons mutual insurers are more susceptible to catastrophe claims challenges, but proactive measures and technology solutions can enable carriers to compensate, according to Willis Re.