Society of Actuaries' New President Takes Office
S. Michael McLaughlin, a principal with Deloitte Consulting LLP, will seek to expand awareness of the actuarial profession's preparedness to provide solutions to some of the insurance industry's most pressing challenges.
CSC, TowersPerrin Partner on Financial Risk Solution for Life & Annuity Market
The Financial Risk Intelligence solution manages data from source systems directly to Towers Perrin's financial modeling platform, enabling insurers to assess financial risk better, gain greater visibility into their data and its lineage, and satisfy regulatory and compliance demands, according to the vendors.
Fixing the Insurance Systems Ecosystem
By leveraging an enterprise architecture, insurance IT organizations can simplify their system portfolios, reducing maintenance burdens and improving development capabilities, according to 2006 Elite 8 honoree John Kellington, now SVP, ACORD.
SAP and Novell Integrate Solutions for GRC
The collaboration will include integration of GRC solutions from the SAP BusinessObjects portfolio with Novell security and identity products, as well as plans for joint marketing and selling of the integrated solutions to joint customers.
AXA's Kevin Murray Steals a March on Crisis
Kevin Murray's aggressive transformation agenda at AXA Equitable has better positioned the life and annuities firm to respond to the challenges and opportunities of the post-crisis market.
Aviva Names Mark Hodges Sole U.K. CEO
Hodges will lead both U.K. life and general insurance units as part of an ongoing transformation. Aviva also announced that, upon the retirement of Tom Godlasky, Igal Mayer will become CEO for North America and Robin Spencer will be chief risk officer.
Insurers Proceed on Social Media, With Caution
Web 2.0 and social media offer insurance companies a new and potentially more effective way to interact with agents and distributors, according to I&T's Elite 8 technology executives. Still, their approach is, 'Proceed with caution.'