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.
Insurer Group: Sharing Telematics Data Must Be Opt-InMay 03, 2013The Association of British Insurers tells its members that getting "explicit consent" from policyholders is a best practice when sharing telematics data outside core insurance practices.
Some Healthcare Costs to Rise Under Affordable Care Act, Official SaysMarch 27, 2013President Barack Obama's
top healthcare adviser acknowledged on Tuesday that costs could
rise in the individual health insurance market, particularly for
men and younger people, because of the landmark 2010 healthcare
restructuring due to take effect next
Should Insurers Automate E-mail Deletion?March 13, 2013Regulation demands that insurers stick to their content storage policies in case of lawsuit. How regimented is your company?
Most Large Employers to Keep Health Insurance Benefit: SurveyMarch 07, 2013Most large employers don't expect to
send their full-time employees to government health exchanges
for insurance during the next five years, but some retirees and
part-time workers will end up there, a new survey has found.
AIG Board Meets on Possible Lawsuit vs. U.S. as Public RagesJanuary 09, 2013The board of American International Group
Inc met on Wednesday to consider a lawsuit against the
U.S. government over the terms of the company's bailout, a
discussion directors defended as their responsibility but one
that critics condemned as the height o
Data Security Will be 2013's Story of the YearDecember 20, 2012Channel and device proliferation, as well as hunger for big data, mean insurers must be more vigilant than ever about securing policyholders' personal information.
N.Y. Governor Orders Insurers to Speed Up Sandy ClaimsNovember 30, 2012New York Governor Andrew Cuomo on
Thursday imposed emergency regulations on insurers to speed the
processing of claims from hundreds of thousands of state
residents whose properties were damaged or destroyed when
Superstorm Sandy struck a month ago.
Colombia to Offer Climate Change Insurance to Coffee FarmersNovember 29, 2012Colombia is launching insurance
to protect coffee plantations hit by climate change, which has
damaged output in the world's top producer of high quality
Arabica beans in recent years, officials said on Wednesday.
Impact of 2012 Election on Insurance: More of the Same?November 09, 2012Regardless of the implications for the insurance industry of the reelection of Barack Obama as U.S. president, insurers are still facing an increasingly complex and tech-driven competitive environment.
Top 10 Criticisms of Insurance CompaniesSeptember 27, 2012Wolters Kluwer Financial Services studied market conduct exams in both P&C and life to find out what pain points are most common in dealings with insurance carriers.
Myanmar to Open Insurance Sector to Foreigners in 2015September 14, 2012Myanmar will allow foreign
investors into its insurance sector by around 2015 once local
private insurers have had time to establish themselves, a senior
government official told Reuters.
