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News & Commentary
Content tagged with Compliance posted in May 2013
N.Y. Gov. Cuomo Inquires on Insurers' Cyber Security
News  |  5/29/2013  | 
The New York governor has sent letters to 31 insurance companies asking for information on their information security practices.
Bring Your Own Service: The Next Wave in Collaboration?
News  |  5/28/2013  | 
A new Microsoft survey across 32 countries shows worker appetite for social tools is increasing. However, financial services firms may not be prepared to satisfy this appetite.
Moore Tornado May Spur CAT Reserving Regulatory Reform
News  |  5/24/2013  | 
If insurers were permitted to put aside funds with favorable tax treatment, it would not take long to build up significant reserves that would be available in the event of a catastrophe, notes Howard Mills, chief advisor with Deloitte LLP's insurance industry group.
Lincoln Financial Group Names New VP & Managing Director Of Portfolio Management Analytics
News  |  5/21/2013  | 
Credit risk management expert Paul Narayanan most recently headed Credit Risk Analytics at AIG Property Casualty.
5 Market Forces Driving Change in Insurance Carriers' Strategy — Deloitte
Commentary  |  5/15/2013  | 
Gary Shaw, Deloitte's new insurance industry lead, talks about major market forces that the consulting firm's clients face.
Providence Health Plans Selects Colibrio's Tuo for Private Exchange
News  |  5/12/2013  | 
The carrier says Tuo addresses its need for an end-to-end portal solution as well as a repository of customer information and an internal workflow to support enrollment and customer relationship management.
Xchanging Aims at "Transformational Play" With Launch of Netsett Net Settlement Utility to US Market
News  |  5/7/2013  | 
Settlement processes similar to those that reduce needed capital from $80 billon to $12 billion on the London market are poised through an Xchanging/Deutsche Bank partnership to address $3 trillion global market, with the possibility of a 85% reduction in the working capital required.
6 Best Practices for Implementing Finance Software
News  |  5/7/2013  | 
UNIT4 Business Software offers guidelines for implementing finance accounting software to support growth.
Insurer Group: Sharing Telematics Data Must Be Opt-In
News  |  5/3/2013  | 
The Association of British Insurers tells its members that getting "explicit consent" from policyholders is a best practice when sharing telematics data outside core insurance practices.

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