Insurance Rating Systems: Agility is Key for Insurers, MGAs in 2014

Insurance Rating Systems: Agility is Key for Insurers, MGAs in 2014 Agility is not a new concept in the insurance industry but as a whole it’s been elusive for many up to now, as they have been bogged down [...]

P/C Insurers Embracing Predictive Modeling: New ISO Survey

P/C Insurers Embracing Predictive Modeling: New ISO Survey Earnix, a provider of pricing and customer analytics software for banks and insurers, and ISO®, a source of information about property/casualty insurance risk, recently released its findings from survey responses regarding [...]

Commercial Lines Insurance Carriers Investing in Technology to Compete

Commercial Lines Insurance Carriers Investing in Technology to Compete   Commercial lines insurance insurers are spending more money and resources on technology, according to a recent study by the Novarica Insurance Technology Research Council, a knowledge sharing and peer [...]

Improving Customer Experiences: The Focus of Insurers

In a recent brief by Strategy Meets Action (SMA), many insurance carriers as part of their strategy have moved improving the customer experience to the forefront. Insurers are devoting their resources and energy to reorient their company around the [...]

Agents Less Satisfied with Insurance Carriers, Says One Survey

Agents Less Satisfied with Insurance Carriers, Says One Survey The Insurance Agents & Brokers (IA&B) recently released findings of its commercial lines survey, which shows that agents are not as satisfied with insurers as they once were. The IA&B [...]

Compliance Priorities for Insurers: Federal/State Regulations, Data Breaches

Compliance Priorities for Insurers: Federal/State Regulations, Data Breaches In its annual Insurance Industry Compliance Benchmark Study, SAI Global Compliance found that insurance carriers’ top compliance priorities for 2013 included complying with increasingly complex state and federal regulations, data breach [...]

Evolution of Agency’s Role in the Insurance Distribution Channel

A recently released study by McKinsey & Company looks at the evolving role of local independent insurance agencies and what has changed in today’s Property/Casualty environment as technology shifts the paradigm in certain key areas. Traditionally, insurance agents have [...]

SAP Survey: Aging Legacy Systems Top-of-Mind Concern for Insurers

SAP Survey: Aging Legacy Systems Top-of-Mind Concern for Insurers A survey conducted by SAP AG June 3-4 at the 2013 IASA Annual Conference held in Washington D.C. revealed that aging legacy systems continue to be a front-and-center issue for [...]