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Insurance & Technology
March 18, 2005
Wendy Toth |
Whose Side Are You On? The shift in the business model, the study reports, creates an opportunity for insurers to connect with buyers directly.   |
Insurance & Technology
March 18, 2005
Wendy Toth |
Growing Through Distribution MetLife, which agreed to purchase Citigroup's (New York; fourth quarter 2004 net income of $5.32 billion) Travelers Life and Annuity Co. and Citi International Holdings for $11.5 billion, will leverage previous technology investments as part of a 10-year distribution agreement resulting from the deal. |
Insurance & Technology
March 18, 2005
Anthony O'Donnell |
Man and Machine Insurers generally tout the human factor as the most decisive element in successfully combating fraud, and Medical Mutual of Ohio is no different. They also credit technology as a key player in preventing fraud. |
Insurance & Technology
March 18, 2005
Wendy Toth |
Full Steam Ahead IBM has steadily increased its investments to provide value-added services and solutions for insurance clients. In the past 18 months, IBM has signed more than $4.5 billion of on-demand business contracts with insurers. |
Insurance & Technology
March 18, 2005
Anthony O'Donnell |
BCBSA to Outsource to Unisys Leveraging its 40-strong company membership, the Blue Cross Blue Shield Association (Chicago) has negotiated a claims administration outsourcing contract with Blue Bell, Pa.-based Unisys. |
Insurance & Technology
March 18, 2005
Anthony O'Donnell |
American Modern Taps TiG As part of its business transformation initiative, Amelia, Ohio-based American Modern Insurance Group licensed Hartford-based The Innovation Group's TiG Conversion. |
Insurance & Technology
March 18, 2005
Anthony O'Donnell |
Hancock Eyes Global Needs Boston-based John Hancock made two appointments to its global compliance team. The carrier named Kevin Cloherty to the new position of VP and chief counsel of global and U.S. compliance and appointed Mitchell Karman to fill the existing position of VP |
Insurance & Technology
March 18, 2005
Anthony O'Donnell |
Top P&C Initiatives for 2005 Policy administration systems are a top priority this year for large and midsize P&C insurers, according to Celent's 2004 CIO/CTO survey |
Insurance & Technology
March 18, 2005
Wendy Toth |
Higher Adjucation Premier Healthcare Exchange has teamed with CareVu Corp., a clearinghouse for electronic data interchange (EDI) solutions, to offer cost-containment solutions to existing and prospective clients through a single-source, online platform. |
Insurance & Technology
March 18, 2005
Anthony O'Donnell |
Enhancements To AIR System Streamline Workflow The latest releases of AIR Worldwide Corp.'s CLASIC/2 and CATStation contain two enhancements - AIR ImportExpress and the CEDE database - that allow insurer, reinsurer and broker users to import, analyze and share catastrophe risk management data faster and more easily, the vendor claims. |
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