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.
The Future of Auto Insurance — A ReplyJanuary 10, 2013"On-board" technologies are not the only ones insurers need to consider as having the potential to reduce auto premium, insists Celent's Donald Light.
The Reshaping of Auto InsuranceJanuary 08, 2013Strong forces that stand to reshape the sector include shifts to new types of coverage, alternative distribution channels, and redefined customer segments.
NTSB Safety Recommendations Bring Lower Auto Premium CloserNovember 19, 2012Celent's scenario of significantly lessened auto premium gained plausibility with National Transportation Safety Board's call to standardize safety technologies on new vehicles
Workers' Comp Insurer Introduces Automated PaymentsDecember 15, 2010Key Risk's PremiumSync platform automatically calculates workers compensation premium against the actual payroll reported by an employer.
NFU Mutual Chooses Guidewire for BillingMarch 23, 2009Web-based Guidewire BillingCenter will replace multiple, disparate systems, reduce manual processes and improve service capabilities, according to the vendor.
The Hartford Forms Distribution Partnership with IntuitJanuary 09, 2009Intuit will market The Hartford's XactPAY Web premium payment platform, and the carrier will in turn market Intuit's payroll solution to its small business commercial agents.
CRM BriefsOctober 24, 2001Fireman's Fund selects technology from Bottomline Technologies to help in the development of a fully automated electronic premium collections process; Irish Life standardizes on Siebel eInsurance; LOMA launches the Customer Service Institute (CSI), a colle
