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.
Harleysville, Allied Execs Laud Nationwide's Support of Independent Agent ChannelJune 26, 2012Executives from Allied Insurance, which Nationwide acquired in 1998, and Harleysville, which was added to the fold last year, tell Insurance & Technology that the mothership provides invaluable reach and support to the once-regional players.
Market Delivers on Promise of Increased M&ASeptember 29, 2011The studies came fast and furious all summer: Expect more M&A activity in the insurance industry. Today, we saw two examples. What can IT departments expect?
Harleysville Names Acting CTO, CIOJuly 28, 2010Steve Byrne, Harleysville's VP of agency and field automation technology, has been named acting chief technology officer, and John Griggs, the carrier's VP of insurance management systems has been named acting CIO.
Harleysville Insurance Names Two IT ExecsJuly 19, 2010Sean Domineske takes over as VP of corporate systems and Lawrence Jennings becomes assistant VP of quality assurance and test automation.
Insurers Master Data for Strategic Business SupportJune 09, 2010As it becomes more feasible for insurers to base their strategic decisions on data analysis, IT and the business are stepping up their efforts to develop more subjective interpretations of data that drive a competitive edge.
Segregate Core and Non-core ApplicationsApril 20, 2010Carriers can leverage software-as-a-service (SaaS) options to segregate the core applications and technologies that support their business models from the non-core utility applications and technologies typically required to support the operation of the bus
Harleysville Life Insurance Launches Online Group Benefits PlatformFebruary 12, 2010My Harleysville Life Link provides agents and employers with the means for making policy changes, as well as the capability to download billing statements, forms, employee certificates, policies, and other company information.
Economy Drives Exploration of New Outsourcing OpportunitiesMay 04, 2009Economic concerns will trump political anxieties when it comes to outsourcing decisions in the near future. And while some carriers may balk at offshore options, all insurers will explore alternative software delivery models, including software as a servic
