In order to remain profitable, productive and competitive, insurers have seen the need to develop mobile capabilities to meet rapidly changing customer expectations.
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.
The new release will provide enhanced performance capabilities, owing to new efficiencies designed into EXAMPLE Platform 4.1's core infrastructure, according to the vendor.
Moving away from a more regional orientation, AXA’s IT services organization will provide worldwide network connectivity and management of IT assets, hardware and software, change control and incident management.
Mobile capabilities for policyholders are table stakes. But serious questions remain about the security of the most popular consumer smartphone platforms. I&T checked in with the executives who live and breathe data security to find out how they balance cutting-edge mobile service offerings with security.
Both vendors and insurers need to do a better job of innovating in order to provide the best experience to their agents, says Agencyport CEO Steve Hauck.
The SAS tool will foster a partnership of exploration between XL's analytics team and underwriters to leverage data for "enormous" competitive advantage and shareholder value, says XL SVP.
Protective Life Favored to Buy AXA US Insurance Assets: SourcesMarch 27, 2013U.S. insurer Protective Life
Insurance is the leading candidate to buy some of AXA
SA's U.S. life insurance assets in a deal that could be
valued at around $1 billion, according to two people familiar
with the situation.
Goldman Sachs to Sell Stake in Reinsurance GroupJanuary 16, 2013Goldman Sachs Group is
seeking a buyer for a majority stake of its $1.4 billion
reinsurance group, according to a copy of its January
presentation to potential buyers that was viewed by Reuters.
11 Answers to 2012's Burning QuestionsDecember 14, 2012Last year we identified 11 questions we expected to be answered by the insurance technology industry in 2012. How much clarity did we get?
Donegal Insurance’s 7 Keys to Successful AcquisitionsSeptember 18, 2012Donegal Insurance Group CIO Sanjay Pandey shares seven guidelines that have emerged from the company’s successful technology integration of four new companies acquired during the last four years.
How To Survive A Merger: 6 Tips For ITAugust 03, 2012Corporate mergers and acquisitions are inherently stressful, but they don't have to result in employee exodus and jumbled systems. Here's the right way to unite IT forces.
Holding Company Torchmark Picks Up Family Heritage LifeAugust 01, 2012Torchmark, which specializes in life and supplemental health insurance for middle income consumers, buys the supplemental health insurance company for $218.5 million.
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.
BlueWave President on Insurer's Claims WantsJanuary 03, 2012Alyssa Hostelley discussed with I&T items on BlueWave customers' wish lists before her company was acquired by Cover-All at the end of the year.
