Using advanced regression techniques, CUNA Mutual has developed improved models to target customers in direct business, resulting in better customer satisfaction, increased revenue and reduced cost.
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.
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.
Steven Kandarian's comments at the April 10 Capital Markets Summit harmonize with those of other carriers and industry associations in a rare case of unanimity.
The BOLT Platform reflects the rapid evolution of the insurance distribution ecosystem in which now both commercial and personal customers demand multi-channel availability of quotes, comparisons, customer service and transactional efficiencies.
The Obama administration said
on Tuesday that it will operate federal online health insurance
marketplaces in 26 of the 50 U.S. states with little or no input
from local state officials.
The Dubai International Financial
Centre, a business zone, says it aims to double the number of
companies there over five years by serving as a base for
business with China, south Asia and Africa, not merely the Gulf.
Microinsurance may cover as many as 1 billion people by 2020, according to the Microinsurance Network, but questions remain as to the potential profitability of the business in a given geography.
As insurers strive to improve customer prospecting, cross-selling and branding, they increasingly are turning to digital marketing management solutions.