Although the upcoming Halloween holiday is all fun and games, scary risks are more trick than treat.

Scalability up to a modern PAS to handle 10 million to 40 million policies is a big challenge; everything that makes contemporary systems so usefulconfigurability, advanced functionality, flexibility and workflowcan exact a price in performance.

Although insurance-technology budgets are increasing for 2014, spending ratios remain within historical ranges, and the overall trend for the industry appears to be continuity and incremental advancement rather than giant leaps forward, according to a recent report.

Catastrophe risk modeler AIR Worldwide on the NFIP risk model, private-market opportunities and modeling flood risk.