INN Breaking News

Motorists Insurance Selects Effisoft Software

October 23, 2014 The WebXL reporting tools can help the insurer isolate the claim experience and identify weather trends and severity.

Martin Sullivan to Be Chairman of Navigators Lloyd’s Unit

October 23, 2014 Pending regulatory approval Sullivan will replace Alec Foster, who has held the role since 2010, Navigators said.

Swiss Re Exits $2.7 Billion of Liabilities in RGA Deal

October 23, 2014 The sale involves 82,000 policies, according to a statement from Swiss Re, the world’s second-largest reinsurer.

Florida Luxury Cars Vanish as Criminals Export Vehicles

October 23, 2014 More than 25 percent of luxury cars taken from 2010 through 2013 were never returned to their Floridian owners, the National Insurance Crime Bureau said.

Greenberg Sees Deal Frenzy as Gun-and-Run Rivals Squeeze Margins

October 23, 2014 Potential buyers see few other options to maintain growth, or to prevent shrinkage or deteriorating margins.

Munich Re, Ace Among Insurers Ready for Climate Risk, Ceres Says

October 22, 2014 Global costs from natural catastrophes were $125 billion in 2013, including $31 billion in insured losses, a number that is expected to increase.

Most Independent Agencies Expecting Continued Growth

October 22, 2014 Overall, insurance agencies are optimistic about their future, except for the smallest agencies, which are at greater risk.

WIL Award Winners Offer Tips On Career Development, Mentoring and Work-Life Balance

October 22, 2014 Three Women in Insurance Leadership award winners cite personal experiences and lessons learned.

Zurich Collaborates With Hearsay Social to Empower Agents via Social Media

October 22, 2014 Insurer expands use of social business platform to multiple European countries.

Motorists Insurance Utilizes Effisoft Software for Reinsurance Repository

October 21, 2014 Effisoft’s WebXL reporting tools provide stronger controls and dramatic productivity gains.

Use of Wearable Devices in Healthcare Seen Rising Rapidly

October 21, 2014 Insurers, healthcare providers and consumers stand to benefit from widespread adoption of wearable devices.

For P&C Insurers, Customer Satisfaction Does Not Equate to Customer Loyalty

October 21, 2014 Over 40 percent of otherwise satisfied auto and home policyholders likely to switch insurers soon, Accenture finds.

Genworth Breakup Offers Reward a Decade After GE Split: Real M&A

October 21, 2014 Shares of the $6.3 billion insurer are trading below the price at which GE took it public in 2004; Genworth shareholder John Paulson says splitting the mortgage and insurance businesses could reverse that slump.

Women in Insurance Leadership Forum Honors 10 Outstanding Executives

October 21, 2014 More the 300 industry professionals attend the 9th annual meeting of the Women in Insurance Leadership Forum to honor 10 outstanding executives.

Big Data Top Priority, Not the Case for Predictive Analytics

October 20, 2014 Most of those organizations surveyed use big data analytics to monitor equipment and assets to identify operating issues and enable proactive maintenance, according to a new study from GE and Accenture.

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