In order to remain profitable, productive and competitive, insurers have seen the need to develop mobile capabilities to meet rapidly changing customer expectations.
The potential benefits of automated systems for new business and underwriting – in terms of speed, accuracy, cost reduction and improved service – make for a compelling value proposition.
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.
Moving away from a more regional orientation, AXA’s IT services organization will provide worldwide network connectivity and management of IT assets, hardware and software, change control and incident management.
Mobile capabilities for policyholders are table stakes. But serious questions remain about the security of the most popular consumer smartphone platforms. I&T checked in with the executives who live and breathe data security to find out how they balance cutting-edge mobile service offerings with security.
Both vendors and insurers need to do a better job of innovating in order to provide the best experience to their agents, says Agencyport CEO Steve Hauck.
The SAS tool will foster a partnership of exploration between XL's analytics team and underwriters to leverage data for "enormous" competitive advantage and shareholder value, says XL SVP.
Bill Pieroni Named Marsh COOSeptember 15, 2011Pieroni will be responsible for Marsh's global operations and will focus on the Marsh platform to maximize performance and delivery what the broker characterizes as superior, differentiated value for its clients.
EMPLOYERS CIO Rich Hallman Drives Transformation ProgramApril 18, 2011The Nevada based workers' compensation carrier is renovating core systems and infrastructure to enable agile market response and greater self service for its independent agents.
Carriers Lag in Automation of Reinsurance ProcessingAugust 16, 2010Carriers lag in automation of reinsurance processing; research from Inpoint Services reveals only 32 percent of respondents use “comprehensive technology systems” to support reinsurance processing.
AgencyPort Provides Tech for Aon Benfield's FAConnect Facultative Broking PlatformJanuary 28, 2010Aon Benefield Fac leveraged earlier AgencyPortal implementations and extended use of the platform to handle pre-negotiated facilities between ceding insurance companies and their chosen reinsurance markets and to do so for lines of insurance not before imp
Aon Benfield's FAConnect Online Factultative Broking Platform Goes Live January 26, 2010FAConnect provides a choice of global markets and is designed for high-volume transactions, where frictional costs have traditionally made it uneconomical for intermediaries to participate in the sector.
Aon Launches New Carrier Consulting Company InpointOctober 12, 2009Inpoint provides consulting and data services aimed at helping carriers make improved decisions about market selection, premium growth, service enhancements and product development.
Aon Benfield Fac to Offer Online Placement of Facultative RiskSeptember 04, 2009FAConnect will allow Aon Benfield Fac's insurance carrier clients to submit risk placements via individual risk screens or via multiple risk upload and bind placements within five minutes of logging on, the vendor claims.
Automation Service for Insurers Launched on SWIFTMay 28, 2009Following a 12-month pilot, the new service is planned to be available to any carrier who wants to participate in what SWIFT calls a shared vision of faster, more standardized settlement of insurance and reinsurance transactions.
Main Street America Group Names Ron James CIO April 08, 2009The 30-year insurance technology veteran will support the Jacksonville, Fla.-based P&C carrier's continuing focus on ease-of-doing-business for its agent customers.
