Start up ventures without legacy burdens enjoy a great opportunity for a forward-looking management team to really embed analytics and digital communications into their strategy, but others can leverage technology for specialty success, suggests Martina Conlon, Novarica.
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.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
New York Insurance Commissioner Ben Lawsky's criticism of captive reinsurance deals appears sensationalist in light of the yesterday's FIO report and industry-side statements.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
Twitter activity around the IASA Educational Conference and Business Show increased this year with the promise of an iPad Mini to one prolific Tweeter. Here's some of the highlights.
What Revived Telematics in the UK?August 17, 2012Aviva recently announced a new initiative that uses consumers' own mobile phones to gather driving data four years after it ditched usage-based insurance due to lack of interest. PwC UK's Jonathan Burdett tells I&T why the time was right to re-enter the bu
Aviva Launches iter8-based Broker Connectivity SolutionJune 13, 2012Building on a long-standing carrier/vendor relationship, Aviva will apply iter8's communic8 platform to reducing the time and effort necessary for a broker to transfer a book of business to insurer.
Usage-Based Insurance: 5 Reasons This Is the YearJune 13, 2012Telematics-powered, usage-based auto insurance has been slow to get off the ground. But industry observers insist it finally is poised for a meteoric rise.
Microinsurance Is a Growth Opportunity for Carriers, Says Accenture StudyMarch 20, 2012Insurers that apply effective technology, business practices and alliances can tap not only a profitable microinsurance market but can also win customers who rise economically over time to become prospects for traditional products.
Insurance Companies Get Smarter About Project ManagementFebruary 20, 2012Insurance companies are getting better at protecting their IT investments through flexible application of project management best practices and by aligning incentives to results.
Can Social Media Save Life Insurance?October 20, 2011Let's be honest: Selling life insurance is about getting people to buy something related to their death, and who wants to think about that? More insurers are looking to begin that talk with prospects by turning to the most conversational technology availab
Insurers' Innovation Talk Is Cheap, CIO SaysSeptember 27, 2011Proven technologies can help insurers entice customers, lower operational costs and develop innovative business processes, but caution tends to win over audacity when it comes to adopting those technologies.
Frazee Joins Aviva USA as CIODecember 15, 2009The former West Bend Mutual CIO will be responsible for all IT functions supporting Aviva's U.S. life and annuity business.
Aviva Names Mark Hodges Sole U.K. CEOOctober 06, 2009Hodges will lead both U.K. life and general insurance units as part of an ongoing transformation. Aviva also announced that, upon the retirement of Tom Godlasky, Igal Mayer will become CEO for North America and Robin Spencer will be chief risk officer.
