INN Breaking News

Credit Suisse’s Dougan, Geithner Remember Ex-AIG Chief Benmosche

March 2, 2015 Financial leaders offer comments and remembrances; Benmosche’s career brought him to Chase Manhattan Bank, PaineWebber, MetLife and AIG.

Canal Picks Adaptik Cloud

March 2, 2015 Policy admin system chosen for ease of integration and speed of implementation, insurer says.

Aggregators Don't Want Big Insurers. Here's Why.

March 2, 2015 Andrew Rose, CEO of aggregator, says his company's mission is to provide a lifeline to small and midsize insurers who are trying to compete with the massive marketing budgets of the largest carriers.

Anthem Update: 7 State Commissioners Will Investigate Breach

March 2, 2015 The company also put out a HITECH Act notice over the weekend detailing the identity protection services it will provide affected customers.

66% of Insurers Plan to Add Staff

February 27, 2015 Demand for technology, claims and actuarial positions is skyrocketing -- but those positions are the hardest to fill, according to The Jacobson and Ward Groups. CEO Grilled in Congressional Hearing

February 27, 2015 Kevin Counihan failed to directly answer other questions regarding re enrollments, tax data and if illegal immigrants were provided coverage.

ACORD Announces Insurance Innovation Challenge

February 27, 2015 Winners will be selected based on their ability to develop products and services with the potential to bring significant innovation to the industry.

Robert Benmosche, Who Led AIG in Repaying Bailout, Dies at 70

February 27, 2015 Benmosche came out of retirement in August 2009 to take over a company reeling from losses on failed housing-market bets, and led the insurer for half a decade.

AXA Launches €200M Fund to Boost Tech Startups

February 26, 2015 In the latest indication that insurers are embracing start-up culture as a way to bring more innovation to the industry, AXA has launched AXA Strategic Ventures, a venture capital fund that will invest in emerging, insurance-relevant technology companies. With offices in San Francisco and New York, AXA Strategic Ventures is led by chairman Francois Robinet with others from across the company providing support as well. …

How Shelter Insurance Cut its Budget Cycle in Half

February 26, 2015 Tina Workman, VP of accounting and assistant treasurer at Shelter, talks to INN about the challenge of re-engineering business processes with long-time staff as the company moved from a green-screen environment to cloud-based software.

Anthem Hack May Have Involved Millions Who Aren’t Customers

February 25, 2015 Victims could includes millions of people who aren’t Anthem members, but used their Blue Cross or Blue Shield insurance in states, including Texas and Florida, where Anthem operates partnerships.

Allianz Life Names IT Planning, Communication Director

February 25, 2015 Joe Dahlquist, who has been with the company since 2001, will serve as a bridge between IT and the business side.

Global Insurance Accelerator Propels Industry Innovation

February 25, 2015 Seven Iowa insurers, including The Principal, Delta Dental, and Grinnell Mutual Reinsurance, are investors in the project, which provides capital and mentoring to six technology startups focusing on providing insurance-specific services.

Pegasystems Launches Group Benefits Underwriting Application

February 26, 2015 The application is intended to help insurers institutionalize and automate underwriting processes, and standardize underwriting rules.

FBI Is Close to Finding Hackers in Anthem Health-Care Data Theft

February 25, 2015 Federal Bureau of Investigation officials are still deciding whether to publicly reveal information about the attackers in one of the biggest thefts of medical-related customer data in U.S. history, Robert Anderson, the bureau’s executive assistant director for cybersecurity.

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