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.
Technical competence is never enough, at least not for inspiring excellence in execution in others, helping them to be better than the teams you're competing against.
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.
Where Do Insurers Find Innovative Ideas?May 08, 2013Insurer ACORD LOMA attendees agree on the best place to find dynamic, innovative ideas within the insurance organization.
Nationwide Security Breach Raises Priority of IT SecurityDecember 05, 2012Nearly a million Nationwide customers' personal information was compromised, but the fact that businesses report that cyber risk is their biggest concern shows that hackers present both threat and opportunity to the industry.
Top 5 Soundbites from the SMA SummitSeptember 28, 2012Boston-based analyst firm Strategy Meets Action held its first summit this past Monday in its home city. Innovation was the watchword, with sessions focusing on how insurers can leverage five key next-generation technologies to advance the business: mobile
Chubb's 4 "P"s of InnovationSeptember 25, 2012Chubb's Judy DeLaRosa says one particular approach works to get her organization behind innovative ideas.
How to Build a Modern Claims ExperienceApril 02, 2012Claims have become the next battleground for winning and retaining customers, and insurers are exploring new ways to apply people, process and technology to create a superior customer experience.
Why Do Insurance Companies Excel at Developing Women Executives?February 10, 2012Insurance companies and other financial services companies dominate the National Association for Female Executives' 2012 Top 50 Companies for Executive Women ranking. What are insurers doing right for women executives?
Chubb Opens Online Forum on RiskOctober 26, 2011Risk Conversation includes loss prevention information, blogs and risk assessment tools that help users identify, understand and mitigate a variety of risks.
Insurers Address Irene's Claims and Business Continuity ChallengesAugust 29, 2011Insurers across the nation used social media channels to reach out to policyholders, while carriers in Irene's path ramped up not only their claims responses but also their business continuity and disaster recovery plans.
CIO Insight from Celent's CIO RoundtableFebruary 14, 2011At the event, three carrier executives shared their thoughts on the current business environment, sourcing and social media.
What I Learned on my Autumn "Vacation"November 12, 2010This past week was my first Insurance & Technology Executive Summit. It's been a date circled on my calendar since I interviewed for this job back in May — it set a hard deadline for me to transition from subject matter novice to, if not "expert," at
Chubb SVP Shares Details of Successful Social StrategyNovember 08, 2010SVP of enterprise infrastructure support and services Al Durcan walked the audience through the carrier's patient approach to launching social media activities.
Chubb Makes Senior Management AppointmentsOctober 22, 2010Among the appointments made retirement in light of the retirement of COO John Degnan on Dec. are that of Dino Robusto, who oversees IT, to president of personal lines and claims.
Aiming to Stop Cargo Theft, CargoNet Expands Its Insurance MembershipApril 01, 2010Launched in January, the ISO-managed national information-sharing network unites insurance company, transportation, manufacturing, retail and law enforcement participants in the fight against cargo theft.
CNA Adopts CargoNetFebruary 18, 2010CargoNet provides a central database and related functionality that enables the immediate reporting of cargo theft to law enforcement professionals nationally, as well as secure and confidential information sharing among other concerned parties.
Chubb Expands Online Inland Marine CapabilitiesFebruary 01, 2010The u.writer system now features broader underwriting parameters to permit more business to be processed online, and can be accessed by Chubb-appointed wholesale brokers as well as independent agents.
Chubb Extends Imaginatik Contract December 15, 2009The carrier uses Imaginatik's Idea Central collaboration software for idea management, new product development and cost-reduction initiatives, according to an Imaginatik press release.
