Who’s Using IT Well? Celent Report Profiles “Model Insurers”

Can insurers ever get their technology just right? They can, according to a new report that singles out companies that are hitting the mark with …

HCAI Reboot On Track

A rebooted Health Claims for Auto Insurance system (HCAI) is growing quickly and will likely be ready for broader rollout in March 2010.
After starting the …

Predictive Modeling: Proceed With Caution, Dickson Says

Although some blame inaccurate predictive modeling for last year’s market meltdown, Canada’s top regulator gives the tools the green light, but urges financial …

Despite Downturn, Insurers Explore Smartphone, Social Networking Edge

Despite the recession, insurers are still taking leaps of faith with social media and tech tools to improve claims processes and forge closer …

Bulletin: Ford, Volvo, top safety picks: Insurance Institute For Highway Safety

Ford, Volvo, top safety picks: Insurance Institute For Highway Safety
Ford and Volvo models top the The Insurance Institute For Highway Safety (IIHS)’s annual …

Insurers Turn to Predictive Modeling for Pricing: Towers Perrin

More insurers are turning to predictive modeling tools –and moving away from more traditional cost-based approaches—to determine pricing.
Personal lines carriers use the tools more …

Wind Research Facility Takes on a $200 Million Foe: Local Storms

A one-of-a-kind research facility will address a $200 million wind issue for the insurance industry when it breaks ground late next year.
Dubbed the … makes its New Brunswick debut

A new Insurance Brokers Association of New Brunswick (IBANB) website will help consumers locate local brokers and receive quotes online.
The website is part …

IBC, Police Promote Do-It-Yourself Accident Reports in Quebec

More Quebec drivers should make use of a do-it-yourself accident report instead of calling the police, say police officials in Quebec.
Even though province’s Accident …

Justifying Web 2.0: Answers for the Boardroom

How should insurance executives answer board members questioning the value of Web 2.0?  One way is to address competitive advantage, according to analysts …

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