INN Breaking News

IT's Task as ACE, Chubb Merge: More Data, Better Insight

July 1, 2015 As the two companies consolidate IT, their valuable and voluminous data will revolutionize their risk assessments and customer interactions, industry experts say.

Ace to Buy Chubb for $28.3 Billion With Greenberg in Charge

July 1, 2015 Ace will own 70 percent of the company after the transaction closes, and Greenberg will lead the combined insurer, the companies said Wednesday in a statement.

Greenberg’s Grab for Chubb Stokes Insurers’ Deal Fever: Real M&A

July 1, 2015 After the busiest quarter for insurance dealmaking in at least 12 years, the magnitude of this latest takeover is going to drive even more “M&A fever” across the industry, according to analysts.

Better View of Risk Coming to Insurance After Willis-Towers Merger

June 30, 2015 The companies' complementary, rather than competitive, risk management practices can leverage technology to get a clearer picture of risk for insurance carrier clients.

Willis, Towers Watson Make $18 Billion Merger Deal

June 30, 2015 Towers Watson hopes to jump-start distribution of its technology services, including private health insurance exchanges and analytics, in the merger with insurance broker Willis.

How Sun Life Boosts Distribution with Big Data

June 30, 2015 The company wants to help its brokers create a better product portfolio for the end customer.

Penn National Insurance Selects Accenture Duck Creek

June 29, 2015 P&C carrier intends to modernize infrastructure and processes for its commercial business lines, simplify operations and enhance customer service.

XL Catlin Expands Cyber Security Partnerships

June 26, 2015 XL Catlin's newest breach response partners include computer forensics services providers and law firms.

Aetna Is Said to Be Closing in on Acquisition of Humana

June 26, 2015 Discussions between the two companies have intensified during recent days, after it emerged over the weekend that rivals Anthem Inc. and Cigna Corp. had held merger talks.

ACE Division ESIS Names New CIO

June 26, 2015 Paul Holden joins the third-party administrator after several stints at claims technology companies.

USAA Backs Telematics Tech Company

June 26, 2015 Automatic Labs will use the latest round of funding to expand its developer platform and driver application offerings.

John Hancock Launches Policy Management App

June 25, 2015 The LifeTrack option offers personalized communications so that customers understand the amount they need to pay to keep pace with their insurance objective over time, the insurer said.

Supreme Court Upholds Affordable Care Act Subsidies

June 25, 2015 The court agrees with the Obama administration's argument that the law’s intent is to provide subsidies for everyone, not just those who purchased coverage through a state-based exchange.

After Burwell, 4 Prime Health Insurance IT Concerns

June 25, 2015 With the Supreme Court affirming that the Affordable Care Act’s current structure won’t change, health insurance IT pros can focus on other pressing areas.

Watch My Car! San Francisco Has Greatest Risk for Car Theft

June 24, 2015 California was home to seven of the top 10 hot spots.

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