Nationwide Financial Chooses Information Builders
WebFOCUS will enable NSF to centralize its reporting infrastructure while maintaining a federated reporting model that will give approximately 1,000 business users, operaions managers and wholesaler users access to real-time information and customized reports.
Innovation groups, to me, are almost as interesting from a cultural and organizational standpoint as they are from a, you know, innovative standpoint.
Economy Portends Insurance IT Budget Cuts
The subprime mess and the credit crisis it has precipitated is not the event for the insurance industry that it is for banking, but a general economic recession will put some pressure on insurance IT spending.
Securian’s Couillard Champions Ease of Use
As Securian Financial's manager of field retention, Christopher Couillard collaborates with IT to maximize the quality of the carrier's relationship with distribution partners.
Good Enough for Government Work: Another PHI Security Breach
The breach, involving medical information of 2,500 individuals, was caused when a laptop was lifted from the trunk of an NIH employee named Andrew Arai, who was dropping his daughter off at a swim meet. The trunk was locked, but the sensitive information contained in the laptop was not.
Has the IT Budget Worm Turned?
Whether insurance IT budget makers tend to be more bearish or bullish, it may be that, in light of both proven technological advances and improved IT governance, CEOs and CFOs are more comfortable with technology investment in the face of adversity.
Security as a Service
No insurer has emerged from the pack as an IT security leader -- at least not yet -- but many are looking at identity theft resolution as a way to provide an added value to data security-conscious customers.
Commissioner Savors AIG's Record Fines
Under the terms of a settlement reached between the carrier and the commissioner, AIG will pay $9.1 million to the state in penalties and investigative costs for financial misreporting, according to the Pennsylvania Insurance Commissioner's office. The settlement also requires AIG to provide detailed annual reports regarding the company's reinsurance arrangements.
Safeco, Chubb, MetLife Appoint CIOs
The past few weeks have seen a spate of major appointments with new CIOs named at Safeco, Chubb and MetLife. Robert Ingram replaces Bill Jenks as Safeco CIO; former Chubb claims CIO Jim Knight takes corporate role at Chubb; Jeanette Scampas has become MetLife's enterprise CIO with Steve Sheinheit's retirement.
Goodmail Launches CertifiedEmail PS
Goodmail has released CertifiedEmail Paper Suppression (PS) to provide proof of the successful delivery of critical e-mail messages to specific recipients.
Spitzer Effect Boomerangs
By all means, let us insist that the powerful actors of the financial world be held to high standards; let investors be protected and people who ruin others financially be severely punished. But let these objectives be pursued by authorities who are scrupulous in their use of power, and who are dedicated to the presumption of innocence and to proportionate justice.
Carrier Confidential: Allianz of America
Allianz of America CIO Oliver Bussmann and his senior technology executives have established a shared-services model that allows the carrier's P&C and life companies to leverage IT synergies while remaining focused on their unique challenges.
The Greening of Data Centers
Financial institutions have pledged billions of dollars to develop next-generation data centers that are more energy efficient. But their efforts aren't entirely altruistic -- environmentally sustainable data centers carry fiscal benefits, too.
AXA's Global IT Boss Keeps it Simple
Etienne Aubourg, CEO of AXA Technology Services, applies the lessons of manufacturing to AXA Group's Paris-based global technology organization.
LaRocco New Fireman’s Fund CEO
LaRocco arrived at Fireman's Fund from Safeco (Seattle), where he had been president and chief operating officer. LaRocco is also a veteran of Geico Corporation, where he had been a vice president responsible for the company's Northeast region.
Social Networking and the SIU
It seems like a pretty good idea for insurance companies' special investigative units to keep an eye on social networking sites such as Bebo.com via Web crawler technology that can correlate policyholder addresses to party invitations.
New York Life CEO Named
New York Life's board of directors has named Ted Mathas to succeed Sy Sternberg as the carrier's CEO, effective July 1.