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.
Conning/Milliman Partnership Boosts Economic Capital ModelingMarch 05, 2013Linking Milliman’s MG-ALFA system with Conning’s GEMS Economic Scenario Generator will respond to regulators’ and raters increasing demand for stochastic modeling capabilities and foster a holistic approach to risk management.
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.
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?
Clearing Compliance Reporting HurdlesMay 12, 2011Planning for increasingly complex state reporting requirements is a burden, and setting up a system to respond to requirements is difficult, time-consuming, and costly. insurers need a reliable reporting, tracking, and error-correction system.
Alfa Mutual Leverages Cover-All Relationship for Church ProductAugust 25, 2010Alfa used Cover-All's NexGen Custom Product Framework to develop the product, which combines liability and property coverage for churches in Alabama, Georgia and Mississippi.
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.
Hospitality Mutual Implements INSTEC QuickSolverFebruary 04, 2009INSTEC's customized rating and policy admin solution will support HMIC's specialized liquor liability and commercial general liability business.
Mitchell International Acquires ClaimIQSeptember 14, 2005ClaimIQ adds automated best practices, predictive analysis and real-time recommendations to Mitchell claims platform.
Insurity Speeds Argonaut to MarketSeptember 10, 2003Facing the need to ramp up quickly into new lines of business, Argonaut Insurance Co. chose to implement Insurity's Web-based property/casualty policy processing services to support the carrier's nationwide rating and policy issuance for general liability
Cotelligent Invests in Bluebook Claims HubAugust 28, 2002Cotelligent, a Web services and mobile business solutions provider, has entered into a strategic alliance with Bluebook International to develop B.E.S.T.NET, a Microsoft .NET-based Web services claims solution.
