CGE&Y PARTNER WITH CARCO FOR FRAUD DETECTION TECH.
In a deal aimed at increasing the automation of CARCO Group Inc.'s fraud detection tools for easier insurance company access, global management and IT consultancy Cap Gemini Ernst & Young has formed an alliance with CARCO, a provider of investigative and security-related business information services.
WELLCHOICE RENEWS XEROX CONTRACT
Because its existing relationship with Xerox has been so productive, New York-based WellChoice, Inc. is sticking with its existing vendor partner on the road to paperlessness and has signed a six-year contract valued at approximately $50 million.
MICROSOFT TAPS MARONEY TO HEAD INSURANCE BUSINESS
Dennis Maroney, a long-time insurance executive, has joined Redmond, Wash.-based Microsoft as managing director for the insurance industry within the company's Financial Services Group. He will assume responsibilities that previously were handled by Kevin Kelly, who now is overseeing business development for Microsoft's entire Financial Services Group.
ACCENTURE EXEC NAMED TRAVELERS P&C'S NEW CIO
Bill Bloom was close to Travelers as Accenture's client partner for the firm, but the ties have grown more intimate with his signing on as CIO, following Diana Beecher's departure this spring.
The Non-Profit Perspective
Tom Schwaninger has worked in several industries, and has always felt most comfortable where IT can play a differentiating role.
Corporate-Strategic Role for Anthem's Boxer
Since assuming the role of senior vice president, e-business, at Anthem (Indianapolis, $12.5 billion in assets) in 2000, Mark Boxer has played a key strategic role, as he did earlier at CIGNA HealthCare (Philadelphia) as senior vice president of IT and e-business.
Are You Ready for a Rebound?
Getting smart about deployment of resources in times of uncertainty will be a theme of I&T's 5th Annual Executive Summit.
Redefining BC Best Practices
Almost two years after the 9/11 attacks, experts say a sound business continuity plan relies on testing, testing ... and more testing.
Process maturity and joint ownership of technology delivery drive Allmerica Financial's new business growth strategy.
Tailoring Healthcare with IT
At Blue Cross Blue Shield of Minnesota (Eagan, MN, $1.8 billion in assets), John Ounjian, chief information officer, says that his company is leveraging IT to meet the ever-higher expectations that customers have of their insurance provider, while also working to reduce costs.
A recent listing of e-commerce-related news briefs.
FL Approves Hurricane Model
The Florida Commission on Hurricane Loss Projection Methodology, an organization established by the Florida Legislature to establish reliable methods of projection for hurricane losses, has approved the AIR 2003 Atlantic Tropical Cyclone model from AIR Worldwide Corp. (Boston).
P&C Processing Platform
Computer Sciences Corp. has launched POINT IN, a processing platform designed for small- to mid-sized P&C insurers.
FSIs Focus on Core Systems
Although their budgets remain flat, insurers and retail banks in Europe spend more on infrastructure in order to gain efficiencies.
A listing of recent insurance company/IT provider contract announcements.
Gearing Up for Growth
There is starting to be a sense in the industry that there's some kind of light ahead after so many months of darkness.
TESTING ENSURES ACCURACY OF UNUMPROVIDENT QUOTES ON IPIPELINE
As part of an effort to ensure the accuracy of long-term care insurance quotes that
reach wholesalers and agents who subscribe to iPipeline's Web-based quote engine,
UnumProvident has run test plans against rating and contractual information related
to its current long-term care product series.