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.
Is E-Commerce Right for Insurance?May 28, 2013The normalization of e-commerce has led insurers to invest heavily in it. But will the product ever be right for the channel?
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.
Why Insurance is Like Victoria's SecretNovember 06, 2012At the 2012 Insurance & Technology Summit, CUNA Mutual CIO Rick Roy told the audience that the company's direct-to-consumer strategy is based on some very unlikely sources.
Life Carriers Embrace Social Media to Improve Risk: Ernst & YoungNovember 17, 2010Many life insurers are using social media to reach a younger market in order to balance the longevity risk of baby boomers with the low mortality risk of these younger consumers, according to research from Ernst & Young.
Highmark Rolls Out Real-Time Claims ToolsJune 16, 2009Pilot begun last November shows high rates of satisfaction among providers who use the real-time claims processing and member liability estimation tools via the Highmark's NaviNet provider portal.
