Publication: Insurance Networking

First reported Apr 17 2014 - Updated 12 hours ago - 1 reports

Presidents Working Group Releases TRIA Report

The private market does not have the capacity to provide reinsurance for terrorism risk to the extent currently provided by the Terrorism Risk Insurance Act, according to the “The Long-Term Availability and Affordability of Insurance for Terrorism Risk,” ... [Published Insurance Networking - Apr 17 2014]
First reported 17 hours ago - Updated 17 hours ago - 1 reports

Systema Software and Risk Sciences Group Partner on Risk Management

Systema Software, a provider of claims administration software, and Risk Sciences Group, a provider of risk management information systems, have partnered to offer their respective solutions as an offering for claims and risk management.Systema’s SIMS ... [Published Insurance Networking - 17 hours ago]
First reported 17 hours ago - Updated 17 hours ago - 1 reports

Nous Infosystems Partners With SmartBear Software

SmartBear Software, a provider of software management tools, has partnered with Nous Infosystems, an IT company offering software and services.The partnership will establish the Nous-SmartBear Center of Excellence (CoE) in Bangalore. The CoE will enable ... [Published Insurance Networking - 17 hours ago]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Southern Trust Selects Accenture Duck Creek Policy and Billing Applications

Southern Trust, a commercial lines carrier, has selected Duck Creek Policy and Duck Creek Billing, two Accenture products. Accenture is a management consulting, technology services and outsourcing company.Accenture’s Duck Creek Suite of software is designed ... [Published Insurance Networking - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

5 Ideas to Help Foster Innovation

Have all the great ideas really been taken? It’s an absurd notion, and one just has to watch an episode of “Shark Tank” or look at the list of companies Google has purchased in the past year to appreciate the absurdity. Creative and passionate people ... [Published Insurance Networking - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

ISO Releases E&S Pricing Tool

ISO, a P&C insurance risk information company, has released Rapid Valuator, a pricing tool that helps insurers analyze their loss costs for commercial property accounts in the excess and surplus lines market. ISO is a member of the Verisk Insurance Solutions ... [Published Insurance Networking - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

The Pressure is On for Underwriting Profitability

With various indicators suggesting that property/casualty insurers cannot rely solely on higher rates and organic growth to beef up their bottom lines, industry executives are planning several initiatives to strengthen their companies’ underwriting profitability. ... [Published Insurance Networking - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 17 2014 - 1 reports

The Hartford Signs $550M Cloud Agreement With IBM

The Hartford signed a six-year, $500 million agreement to implement an IBM service model that includes a private cloud infrastructure. As part of its strategy to focus on its property and casualty, group benefits and mutual funds businesses, The Hartford ... [Published Insurance Networking - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

7 Best Practices for Replacing Legacy Systems

Desjardins General Insurance Group and Blue Phoenix suggest following these guidelines to bring legacy replacement projects in both on time and on budget.In 2006, Canadian P&C insurer Desjardins General Insurance Group (DGIG) began a four-year journey ... [Published Insurance Networking - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Celent Names Carnahan as Research Director

Carnahan has attended more than 40 research and 80 consulting engagements advising on strategy for insurance clients during her six years as an industry analyst.She has more than 20 years of experience performing senior business leadership roles in marketing, ... [Published Insurance Networking - Apr 16 2014]
First reported Apr 15 2014 - Updated Apr 16 2014 - 1 reports

RMS Expands Modeling Partnerships

RMS, a catastrophe risk management firm, announced partnerships with five modeling companies, including Catalytics, CatRisk Solutions, COMBUS, OYO Group and QuakeRisk. The new partners join four current third-party modelers, U.S. hurricane modeler Applied ... [Published Insurance Networking - Apr 15 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

The Shot Heard Around the Industry: AXA and Facebook Reimagining Insurance

What a stunner and brilliant outside-in move by AXA – to position themselves as a dominant digital insurance company by partnering with Facebook. You baseball fans will know the phrase, “the shot heard round the world,” which was said about the game-winning ... [Published Insurance Networking - Apr 15 2014]

Quotes

"[Carnahan’s] deep insurance knowledge, coupled with her practical strategy and entrepreneurial experience, will be a huge asset to Celent clients not only in North America but also globally" Jamie Macgregor, senior VP of Celent's insurance practice
...Aggregate premium increases, which also incorporate the upward "premium drift? stemming from newer, more expensive cars, have slowed.”"
...As Ross explained it, "The architects of policy are in the White House and the schools of public policy. The people in the agencies are the carpenters and electricians who do the framing and wiring and when the ceiling falls in or the lights go out, they get the calls from the irate homeowners." When things go wrong, the IT department will be taking the blame, so it's up to IT leaders to manage expectations
The partnership is combined with the AXA Lab promoting customer experience excellence and innovation. "Digital is transforming our job as an insurer and we are convinced that this is a tremendous opportunity to do our job better: protecting people, their goods and their projects on the long term,” said Véronique Weill, chief operating officer of the AXA Group. “Therefore, it makes sense for AXA to partner with Facebook not only through a social media strategy but also in digitizing our own teams.”"

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Nous Infosystems Partners With SmartBear Software [Published Insurance Networking - 17 hours ago]
Systema Software and Risk Sciences Group Partne... [Published Insurance Networking - 17 hours ago]
Presidents Working Group Releases TRIA Report [Published Insurance Networking - Apr 17 2014]
5 Ideas to Help Foster Innovation [Published Insurance Networking - Apr 17 2014]
Southern Trust Selects Accenture Duck Creek Pol... [Published Insurance Networking - Apr 17 2014]
ISO Releases E&S Pricing Tool [Published Insurance Networking - Apr 17 2014]
The Pressure is On for Underwriting Profitability [Published Insurance Networking - Apr 17 2014]
7 Best Practices for Replacing Legacy Systems [Published Insurance Networking - Apr 16 2014]
Celent Names Carnahan as Research Director [Published Insurance Networking - Apr 16 2014]
The Hartford Signs $550M Cloud Agreement With IBM [Published Insurance Networking - Apr 16 2014]
The Shot Heard Around the Industry: AXA and Fac... [Published Insurance Networking - Apr 15 2014]
RMS Expands Modeling Partnerships [Published Insurance Networking - Apr 15 2014]
5 Key Questions Every Cloud Consumer Needs to A... [Published Insurance Networking - Apr 15 2014]
CAS Forms Task Force on Cyber Risk [Published Insurance Networking - Apr 15 2014]
P&C Pricing Expectations Getting Worse [Published Insurance Networking - Apr 14 2014]
MobileFirst Mondays: Discover What To Do with M... [Published Insurance Networking - Apr 14 2014]
Leverage the Power of Your Data [Published Insurance Networking - Apr 14 2014]
Progressive Selects Bolt Platform [Published Insurance Networking - Apr 14 2014]
Principal Financial Group Partners With Liazon [Published Insurance Networking - Apr 14 2014]
6 Tech Takeaways From Sebelius' Tenure [Published Insurance Networking - Apr 14 2014]
Arbella Insurance: Strategic Simplification [Published Insurance Networking - Apr 14 2014]
AXA Partners With Facebook [Published Insurance Networking - Apr 14 2014]
Collaboration Important to Big Data Analytics S... [Published Insurance Networking - Apr 14 2014]
A Tough Road Ahead for Sylvia Mathews Burwell [Published Insurance Networking - Apr 11 2014]
Insurers' IT Spending Continues to Grow [Published Insurance Networking - Apr 11 2014]
Kentucky Employers Mutual Selects Clearwater An... [Published Insurance Networking - Apr 11 2014]
Viewpoint: Sebelius In A Tough Spot But Could H... [Published Insurance Networking - Apr 11 2014]
SAP and Partners Expand Investment Management P... [Published Insurance Networking - Apr 11 2014]
Transformational Thinking in Insurance Claims M... [Published Insurance Networking - Apr 11 2014]
Sebelius to resign as U.S. health secretary [Published Insurance Networking - Apr 11 2014]
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