Publication: Insurance Networking

First reported 4 hours ago - Updated 2 hours ago - 1 reports

AIG Leadership Shakeup Continues

Jay S. Wintrob, president and CEO of AIG Life & Retirement, is leaving the company after more than 25 years. He will be replaced by Kevin Hogan, head of the consumer business, including accident and health; personal lines; life insurance; retirement income ... [Published Insurance Networking - 4 hours ago]
First reported 11 hours ago - Updated 9 hours ago - 1 reports

Customer Experience Increasingly the Focus of Big Data Projects

Almost three-quarters of respondents to a survey by Gartner Inc. said they have or plan to invest in big data technologies in the next 24 months, compared to 64 percent in last year. The number of respondents who said they had no plans for big data investments ... [Published Insurance Networking - 11 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Progressive to Hire 1,000 People by Year-End

Progressive plans to hire nearly 1,000 people across the country by year-end 2014. Positions include IT, analyst, call center, claims and corporate roles. The locations span from Austin, Texas, to Progressive’s headquarters in Mayfield Village, Ohio.Positions ... [Published Insurance Networking - 10 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Swiss Re Says Super Profits for Catastrophe Business Are Over

(Bloomberg) -- Swiss Re Ltd., the world’s No. 2 reinsurer, is cutting back on catastrophe coverage and moving into new lines of business as low interest rates and fewer natural disasters undercut prices.“The super profits from nat cat are probably over ... [Published Insurance Networking - 10 hours ago]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

INN Names 10 Women in Insurance Leadership Award Winners

Insurance Networking News today announced the recipients of the 2014 Women in Insurance Leadership Awards. The 10 honorees will be feted at the 7th annual Women in Insurance Leadership Forum to be held in Chicago on October 20th.Since 2006, INN's Women ... [Published Insurance Networking - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Horizon Healthcare Services Select ACI Worldwide Application

Horizon Healthcare Services Inc., a New Jersey health insurer, has selected UP Bill Payment Solutions to for mobile, web, interactive voice response, call center, card and ACH payment options on one payment system. UP Bill Payment is a product of ACI ... [Published Insurance Networking - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Big Data Is Paying Off

A recent Accenture study of 1,000 executives finds 82 percent say that big data “provides a significant source of value for their companies.” What kind of value might that be? Benefits cited include finding new sources of revenue (56 percent), new product ... [Published Insurance Networking - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Uninsured Rate Fell After Obamacare, U.S. Report Confirms

In the first three months of 2014, 18.4 percent of adults under age 65 lacked health insuranceThe U.S. Census released a separate report today finding that about 42 million Americans lacked health insuranceWhile studies by outside researchers have recorded ... [Published Insurance Networking - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Large Insurers Dilemma: Build or Buy New Systems?

Many Tier 1 life and annuity insurers are in the market to purchase new policy administration systems. Problem is, there’s no clear consensus of what to buy.“Our research shows that insurers are back in the market for systems after backing away during ... [Published Insurance Networking - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Are Disengaged Employees Hurting Your Business?

Read the eBook, “Leveling the Playing Field: Cornerstone to Employee Engagement,” to learn the four key elements to meaningful engagement. Discover some practical steps you can take now to help increase employee productivity, satisfaction and loyalty ... [Published Insurance Networking - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Progressive Selects BAE Systems Applied Intelligence Application

Progressive Insurance has selected the NetReveal general insurance counter-fraud application to help with identification of claims fraud in the personal auto insurance sector. NetReveal is a product of BAE Systems Applied Intelligence, a business division ... [Published Insurance Networking - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Top 10 Causes of Financial Loss

New research from Allianz Global Corporate & Specialty finds that close to 70 percent of financial losses are the result of just 10 causes. Fires, plane crashes and natural disasters all rate near the top of the list.AGCS identified the top causes of ... [Published Insurance Networking - Sep 17 2014]

Quotes

...8 percent in 2013," said Nick Heudecker, research director at Gartner. "All other regions experienced increases in investment over the last year."
"Insurers can count on sustainable reinsurance capacity to support growth in their toughest geographies and most difficult lines,” said Bryon Ehrhart, CEO of Aon Benfield Americas. “In the anticipated renewal market conditions, insurers have new avenues to reduce risk, release capital and improve net results."
"Big data and analytics are a paradox in that they may be simultaneously over-hyped and underestimated,” SMA partner Mark Breading said in a prepared statement. “It is not going to change the insurance world overnight, but the potential is enormous and benefits are already being reaped." Breading is the lead author of the Priorities, Projects, and Investment Plans report
...While a normal project of this scope generally takes up to 18 months, Centene has authorized an expedited timeline. "This is the right thing to do for the community, state and our shareholders" said Centene CEO and Chairman Michael Neidorff. "It is time for action not talk."

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AIG Leadership Shakeup Continues [Published Insurance Networking - 4 hours ago]
Progressive to Hire 1,000 People by Year-End [Published Insurance Networking - 10 hours ago]
Swiss Re Says Super Profits for Catastrophe Bus... [Published Insurance Networking - 10 hours ago]
Customer Experience Increasingly the Focus of B... [Published Insurance Networking - 11 hours ago]
INN Names 10 Women in Insurance Leadership Awar... [Published Insurance Networking - Sep 17 2014]
Horizon Healthcare Services Select ACI Worldwid... [Published Insurance Networking - Sep 17 2014]
Are Disengaged Employees Hurting Your Business? [Published Insurance Networking - Sep 17 2014]
Progressive Selects BAE Systems Applied Intelli... [Published Insurance Networking - Sep 17 2014]
Large Insurers Dilemma: Build or Buy New Systems? [Published Insurance Networking - Sep 17 2014]
Uninsured Rate Fell After Obamacare, U.S. Repor... [Published Insurance Networking - Sep 17 2014]
Big Data Is Paying Off [Published Insurance Networking - Sep 17 2014]
Top 10 Causes of Financial Loss [Published Insurance Networking - Sep 17 2014]
Shelter Insurance Selects PCMS Application [Published Insurance Networking - Sep 16 2014]
Stonebridge Consulting Partners with Guidewire [Published Insurance Networking - Sep 16 2014]
Big Data is More Than Just Hype [Published Insurance Networking - Sep 16 2014]
AIG Names Chief Information Officer [Published Insurance Networking - Sep 16 2014]
Vertafore Releases Desktop-as-a-Service Applica... [Published Insurance Networking - Sep 15 2014]
Aon Benfield Reports Record Reinsurance Capacity [Published Insurance Networking - Sep 15 2014]
Big Data Gets Bigger Footprint [Published Insurance Networking - Sep 15 2014]
Xchanging Partners With Deutsche Bank [Published Insurance Networking - Sep 12 2014]
Artificial intelligence meets the C-suite [Published Insurance Networking - Sep 12 2014]
What Can Insurers Learn from Home Depot? [Published Insurance Networking - Sep 12 2014]
Not Your Fathers Insurance Company [Published Insurance Networking - Sep 11 2014]
Guardian Expands Reach Via Social Media Training [Published Insurance Networking - Sep 11 2014]
Adopting a Multi-Pronged Approach to Cyber Risk [Published Insurance Networking - Sep 11 2014]
Voluntary: Coming Soon to Private Exchanges [Published Insurance Networking - Sep 10 2014]
How to Attract Top Tech Talent [Published Insurance Networking - Sep 10 2014]
Watch Out. Apple with Mayo is Heading Your Way [Published Insurance Networking - Sep 10 2014]
ProAg Selects MajescoMastek for IT Support [Published Insurance Networking - Sep 10 2014]
Aon Affinity Partners With AXIS Insurance [Published Insurance Networking - Sep 10 2014]
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