Content posted in March 2004
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Bessellieu Heads Sapiens Americas
Seeking to increase its presence in the American insurance solutions market, Sapiens International has named Steven Bessellieu president of Sapiens Americas and a member of the company's global management team.
Belief Network Model Helps AIGM Reduce Leakage
The insurance industry has made a substantial investment in fraud detection, but simple overpayment of claims still results in substantial leakage suffered by insurance companies. Predictive modeling can help stem that leakage by identifying claims with a high probability of overpayment.
NAIC Plans Enhancements for SERFF
Enhancements to the System for Electronic Rate and Form Filings (SERFF), the filing system used by insurers and state regulators, will include third-party interface refinements and the ability to open filings that have inadvertently been closed, according to a status report presented by Julie Fritz, director of insurance products and services for the NAIC.
Having held the top technology spot at companies such as New England Mutual (now New England Financial) and John Hancock, Diane Smigel now offers her experience as a CIO-for-hire at Tatum CIO Partners.
Matteson Leads Change At Fireman’s Fund
With a degree in music, Fred Matteson isn't the typical engineer CIO.
Mobilizing for E-Mail Security
Insurers face a myriad of e-mail security issues, from compliance to viruses. Technology is key to the response, whether it's filtering or automating enforcement of corporate policies.
Minimizing Reinsurance Risks
A new Celent study finds tech investment, along with attention to people and processes, can help P&C insurers maximize their reinsurance recoverables.
Growing Up and Out
After experiencing rapid growth, First American P&C is taking advantage of current conditions to prepare for the soft market.
Many Paths to Integration
The ideal of a fully integrated, end-to-end, real-time enterprise is a worthwhile goal, no matter what your lines of business may be. But who you are will shape how you get there.
Battening Down the Hatches
When it comes to predicting low-frequency, high-impact catastrophes, underwriters of risk must rely on thousands of years of scenarios rather than their proprietary loss data. Technology is critical to pulling off this high-stakes juggling act.
The Technology Investment Payoff
AFLAC CIO Jim Lester's soothing Southern drawl and the company's humorous duck mascot could lull one into thinking the insurer is old-fashioned when it comes to technology.
TOWER Powers West Bend
Combined workflow and imaging solution saves P&C carrier from expanding staff and facilities.
Making Wireless Apps a Reality
Ohio Casualty implements a real-time wireless data networking solution for processing auto inspection reports.
Productivity Soars at Magna Carta
The commercial insurer uses an integrated insurance management system to increase business process efficiency in the midst of workforce reductions.
Catering to Buying Habits
IBM rolls out a new marketing approach for financial services.
Carriers Fund Compliance Hub
Aussie P&C carriers launch pay-per-use FSRA compliance system.
Hartford Gets Claim Components
The Hartford Financial Services Group, Inc. (Hartford, $188.7 billion in assets) has licensed the full suite of Accenture's (Chicago) .NET version of its Claim Components solution.
Kinnect Handles Open Risk
Lloyd's-sponsored B2B insurance hub experiment shows promise.
Will Telematics Finally Pay Off?
OnStar technology and GMAC's ties to GM may be the keys to usage-based insurance success.
The Road to Enterprise Integration: I&T Talks to AFLAC’s David Turner.
Ensuring the highest levels of customer service in the high-volume supplemental insurance business requires a robust, integrated technology infrastructure. David Turner, vice president, advanced technology group, AFLAC tells Insurance & Technology how the Columbia, Ga.-based insurer has worked toward the ideal of the integrated enterprise to ensure superior claims service and reduce costs while serving nearly 290,000 U.S. payroll groups.
PCI Opposes Massachusetts Credit Scoring Bill
During a hearing before the Massachusetts Joint Committee on Insurance yesterday, the Property Casualty Insurance Association of America expressed opposition to a bill seeking a total ban on the use of credit-based insurance scores in Massachusetts for auto and homeowners' insurance rate-making.
The State of Spanish Language Content on Insurance Carrier Web sites
Over the past two years the insurance industry has seen a rise in the number of carriers introducing Spanish-language content on their Web offerings, but it's still a challenge to find support for Spanish content on insurance carrier Web sites.
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