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Life Carriers Embrace Social Media to Improve Risk: Ernst & Young
Many life insurers are using social media to reach a younger market in order to balance the longevity risk of baby boomers with the low mortality risk of these younger consumers, according to research from Ernst & Young.
Hiscox Opens Small Business Insurance Online Store
The carrier began the initiative in response to trends among its target market.
The Principal Selects iGO for Term and Universal Life
The iPipeline product will be launched this month with a pilot group, with plans to go live across the enterprise next year.
Insurers Less Focused on Efficiency, More on Capability
Modestly growing insurance carrier IT budgets will shift away from efficiency concerns to building increasingly necessary capabilities for a modern, information-based business, says Novarica's Matthew Josefowicz.
Embrace of New Technologies Generates New Security Concerns
Ernst & Young's 2010 Global Information Security Survey finds insurers and other businesses are boosting security spending in response to new risks from mobile, cloud and social networking.
Esurance Launches Windows Phone 7 Application
The app provides policy and claims support to customers.
Mercury Insurance Group Picks Direxxis for Agent Marketing
Direxxis' dmEDGE platform will help Mercury agents initiate, deliver and track compliant, localized marketing and advertising programs, the companies say.
Are Insurers Ready to Embrace Mobile?
Mobile technology is one of the hottest topics in the insurance industry, but despite Elite 8 executives' commitment to innovation, their opinions vary as to the potential of mobile applications for their businesses in the near term.
CNO Financial Adds Claims VP, Subsidiary Adds Marketing VP
James Sawaya comes into the holding company as VP of claims, while Christopher Campbell joins Bankers Life and Casualty as VP of strategic marketing and business development.
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