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News & Commentary
Content tagged with Management Strategies posted in October 2012
Sandy Update: Flood Insurance Program Under Siege
News  |  10/31/2012  | 
With floods causing the vast majority of damage in the Northeast, the National Flood Insurance Program is in the news.
The View from Twitter: Can Insurers Handle Sandy Claims?
Commentary  |  10/29/2012  | 
Whether you believe insurers are adequately capitalized for Sandy claims or not, you'll find someone to back you up on Twitter.
CURE "Beefed Up" Reinsurance After Irene: COO
News  |  10/29/2012  | 
The New Jersey-based auto insurer also plans hyper-local storm outreach for future storms, according to COO Eric Poe, who envisions these major events hitting the company's home state much more often than they have historically.
PURE Prepared for Sandy Using Cloud Based Capabilities
News  |  10/29/2012  | 
PURE will be able to maintain uninterrupted processing, communications and remote work through cloud-based policy administration, claims, telephony and call center.
Sandy Appears to Be That Once-in-a-Lifetime Storm
Commentary  |  10/29/2012  | 
Sandy appears to be that once-in-a-lifetime storm; it's too early to know what the costs will be, but insurers' responses will be in the spotlight.
Is Climate Change Altering Insurers' Hurricane Risk?
Commentary  |  10/26/2012  | 
Hurricanes Irene and Sandy -- not to mention the "Frankenstorm" into which Sandy might develop -- are clear indicators that it's not just Florida at risk for major hurricane damage anymore.
Aflac Creates CTO Role in New Investments Division
News  |  10/25/2012  | 
Former Deutsche Bank technology executive J. Peter Kelso takes the reigns of the new position, which is in a recently created office tasked with managing Aflac's investment portfolio.
How Insurance & Technology's Elite 8 Balance Work and Life
News  |  10/23/2012  | 
In today's highly charged insurance market, the pressure on technology executives can be extreme. Here's how some of the 2012 Elite 8 leaders balance their work and personal lives.
Where Are They Now? 2011's Elite 8 Continue To Hone Digital Capabilities
Slideshows  |  10/22/2012  | 
As mobile and digital technologies continue to reshape the insurance industry, Insurance & Technology caught up with some of the 2011 Elite 8 to see how the changing expectations of consumers, employees and partners are transforming their focus.
United Insurance Names First Claims Head
News  |  10/19/2012  | 
This is the second holding company to name an enterprise-wide claims leader this week.
Technology Indistinguishable from Business for Insurers
Commentary  |  10/19/2012  | 
Insurance & Technology's 2012 Elite 8 honorees have been at the forefront of insurance IT's transformation into a critical driver of smart innovation.
Go, Go, Gadget: Top Emerging Technology Tools for Insurers
Slideshows  |  10/18/2012  | 
The executives selected as Elite 8 2012 honorees have reached the heights of their profession by being savvy observers of the digital landscape and prudent marshals of technology. Here are some of their views on the latest and greatest enterprise solutions.
Elite 8 2012: Sal Abano Leads Tower IT Team To Growth
News  |  10/18/2012  | 
CIO Sal Abano has drawn on a 26-year military career, including his experience as the U.S. Army's regional CTO in Iraq, in applying a team leadership approach in IT to support Tower Group Companies' growth. By Anthony O'Donnell
Elite 8 2012: CIO Michael Fergang Drives Innovation for the Business at Grange Insurance
News  |  10/18/2012  | 
Grange Insurance CIO Michael Fergang's tenure demonstrates that developing a creative team with the right business mind-set can result in delivery of solutions unforeseen by the business.
Alterra Appoints First Chief Claims Officer
News  |  10/17/2012  | 
Nick Conca has previously worked at Liberty International.
Elite 8 2012: Mark Clark Powers Jackson National's IT Through Explosive Business Growth
News  |  10/17/2012  | 
Through SVP and CIO Mark Clark's sound technology philosophy and a focus on team excellence, Jackson National's IT organization has become not merely an effective business supporter, but a driver of growth.
Elite 8 2012: Greg Clancy Transforms IT Organization Through Core Systems Modernization
News  |  10/17/2012  | 
Indiana Farm Bureau Insurance SVP and CIO Greg Clancy has overseen the replacement of nearly all of the company's primary systems. And he had to remake the IT organization in the process.
Elite 8 2012: Ellen Fecteau Rolls Out New Technologies While Keeping IT Infrastructure Simple
News  |  10/16/2012  | 
Liberty International Underwriters CIO Ellen Fecteau has built a global technology strategy that promotes collaboration among different constituents and enables growth of the business.
Elite 8 2012: Brian LeClaire Is On A Data-Driven Healthcare Mission
News  |  10/16/2012  | 
Humana's Brian LeClaire leads an organization deeply invested in leveraging the power of big data and advanced analytics to improve healthcare outcomes.
Introducing I&T’s Elite 8 of 2012
Commentary  |  10/15/2012  | 
Insurance & Technology once again has the pleasure of introducing the year’s Elite 8 Award winners, who will be featured in I&T Daily during the course of the week.
Elite 8 2012: Graeme Boddy Accelerates IT Development To Stay Ahead
News  |  10/15/2012  | 
For Builders Mutual CIO Graeme Boddy, the recession offered an opportunity to build infrastructure for a new kind of insurance agent and customer. Today, the company is reaping the rewards.
Elite 8 2012: Susan Gueli’s High-Energy Approach to Building IT Muscle
News  |  10/15/2012  | 
Nationwide Financial CIO Susan Gueli has led a highly motivated team to simplify systems and build market-leading capabilities for the insurer's adviser distributors.
How Insurance CIOs Can Avoid Failure and Establish Their Credibility
News  |  10/12/2012  | 
CIOs looking to make an impression should take advantage of “low-hanging fruit," and not avoid the major “career-killing” initiatives but be as transparent as possible about risks, acting in the character of a strategic advisor with a unique view of the enterprise.
5 Critical Questions To Be Answered at I&T’s 2012 Executive Summit
Slideshows  |  10/12/2012  | 
Insurance & Technology offers a sneak peek into some of the insights -- from big data to innovation -- that will be revealed at this year’s Executive Summit.
Sentry Insurance Launches Risk Management/Claims Platform for Customers
News  |  10/11/2012  | 
Sentry Insight offers access to claims information, tasks and reports online.
New Conning Investment Optimization Solution Uses Stochastic, Integrated Approach
News  |  10/10/2012  | 
The Investment Optimizer risk/reward efficient frontier analysis solution, available as software or services, uses stochastic modeling to enable asset-and-liability modeling and places investment risk in the context of underwriting, liability and operational risks.
5 Communication Tips for Insurance CIOs
Commentary  |  10/10/2012  | 
Communications consultant Matt Kucharski shared insights with a group of insurance CIOs on how to best explicate their ideas.
4 Major Challenges for Insurance CIOs: E&Y's Hollander
News  |  10/9/2012  | 
Today's insurance CIO faces the demand to support growth and profitability, increase focus on the customer, and develop new data capabilities to support regulatory demands and other business imperatives, according to Ernst & Young's David Hollander.
Karen Clark & Co. Releases Risk Management Platform
News  |  10/2/2012  | 
Customers of the new platform include Arch Reinsurance and Security First.
Big Data: The Future of Insurance Fraud Prevention
Commentary  |  10/1/2012  | 
Combined with predictive analytics and link analysis, big data offers insurers a powerful antifraud tool.

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