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 Was Insurance Tech Like Before the PC?April 12, 2013A respondent to a Reddit thread on the pre-PC era provides a window into how billing and accounting systems were developed on punch cards.
Making Claims Data Actionable for Litigation ManagementApril 10, 2013Implementing a consolidated litigation management solution helps insurers trim claim expense costs, streamline and automate workflows, and enforce best practices throughout the claims discipline.
Cost Shifting: A Fresh Look at Soft FraudNovember 25, 2012While safety has increased and frequency of injury has decreased, severity of injuries has increased, suggesting that medical providers are shifting costs from government and private health payers to casualty insurers.
6 IT Competencies That Health Insurers Must Master Post-ReformNovember 19, 2012One of payers' biggest challenges is in the way that they go to market as the Affordable Care Act completes rollout. Insurers must implement flexible IT systems that enable unprecedented business agility.
Two New York Blues Ink BenefitfocusMay 29, 2012HealthNow New York, the parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, plans to use the platform to provide employers healthcare enrollment and e-billing technology.
Arizona State Compensation Fund Selects GuidewireMarch 27, 2012The worker's compensation insurer has selected the vendor's full insurance suite for policy administration, claims, billing, rating and underwriting.
