Technology News

Progressive to Charge Risky Snapshot Drivers More in Shift

carrier developments: CEO Glenn Renwick has said Snapshot could help the company encourage safer behavior and retain the most valuable customers.

Farm Bureau Financial Recognized as a Celent Model Insurer

news: P&C carrier uses Valen Analytics’ data and predictive modeling to manage and drive underwriting profitability.

Inside Celina Mutual's DIY Approach to Mobile Apps

feature: For mid-tier insurers, happy and productive agents are a competitive imperative. Rob Shoenfelt, CIO of Celina Insurance Group, discusses agent-facing apps and the challenge of finding and keeping staff in smaller markets.

Nautilus Creates Ops Position, Gets Claims Head from Scottsdale

hr news: The excess and surplus lines carrier shakes up its management with former claims SVP taking over an operational and special projects position.

Commercial Drone Users Get Smoother Path for FAA Flight Permits

news: The FAA has awarded 48 waivers for commercial drone use under a program created by Congress to allow flights while the agency completes more formal regulations.

Bolt and Compare.com Partner with Google Compare

news: The new auto insurance aggregation site is intended to offer California drivers quick and simple access to multiple auto insurance quotes.

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Industry News

Northwestern Mutual Buys Online Planner LearnVest

ma alliances: The insurer will use LearnVest’s software to develop a new financial planning platform for the insurer’s 16,000 agents and 4.2 million clients.

CNA Vet Joins NORCAL as Underwriting Leader

hr news: Andre Stewart is named to newly created position of SVP, underwriting, custom accounts, by the medical professional liability insurer.

Nissan’s 600-Horsepower, $150,000 GT-R Tops Insurance Cost List

news: The rankings are based on national averages for 1,522 models, for a 40-year-old man with a clean driving record and good credit.

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WOMEN IN INSURANCE LEADERSHIP

State Farm, Allstate Among Top Companies for Female Executives

UPDATE: Six insurers in total have been recognized by the National Association for Female Executives for policies, practices and the number of women reaching the upper echelons of management.

President and CEO of Swiss Re Canada Announced

UPDATE: Veronica Scotti has a deep background in reinsurance and risk management, with a career spanning corporate finance advisory, asset management and strategy.

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Statistically Speaking

Underwriters Share Tech Pain Points

Many industry reports say carriers are investing in underwriting technology, but will all of these investments benefit underwriters?

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Blogs

The Other Auto Insurance Telematics Shoe Drops

Donald Light
When telematics data indicates a higher premium for a given policyholder, Progressive now will charge that higher premium.

Core Transformation – Configuring in the Rain

Karen Furtado
The whole point of core transformation is that changes at the micro level can be used as a stimulus for changes at the macro level.

6 Ways to Develop a Productive IT-Business Dialog

Joe McKendrick
Relationship management 101 for keeping IT and business on the same page.

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Aflac US Operations President Teresa White on Healthcare Reform and Innovation

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