One of the challenges insurance technology leaders dealt with over the past year was to create better transparency as IT helped its business partners deal with the economic realities of 2009.
The struggling economy will spur mergers and crimp insurer profits in the short term, but not far down the road there will be opportunities to achieve greater efficiency and profits, according to the head of LOMA, Robert Kerzner.
The development and widening adoption of communication standards have promoted efficiency and improved the insurance industry's bottom line, said ACORD President and CEO Gregory A. Maciag.
Many insurers are overlooking a system to capture, manage and store unstructured data that can ease information workloads, help them deal with regulatory compliance and improve operational accountability, a recent survey has found.
Vendors of agency management systems are constantly upgrading their product lines with features intended to help users operate more effectively and efficiently. Indeed, many vendors release upgrades several times a
Online SalesSafeco Expands Web Product OptionsSafeco has expanded the product breadth available on its single-platform online sales center, Safeco Now. The company has introduced functionality ...
The relationship between producers and underwriters often has been contentious, but carriers arent pulling any punches in finding ways to get both sides to work ...