INN Breaking News

5 Steps to Building a Secure Cloud Strategy

August 28, 2015 Corporate IT has lost the battle with shadow IT, and itís time to embrace what that means for enterprises.

AIG Accuses Coventry First of Illegal Markups on Death Bets

August 28, 2015 Coventry First LLC illegally marked up prices on hundreds of investments that bet on when people would die, an American International Group Inc. unit said at the start of a fraud trial in New York.

Progressive 'Stopped in its Tracks' on Patent Enforcement: Attorney

August 28, 2015 With Progressive Insuranceís recent patent loss to Liberty Mutual Insurance, insurers are running out of reasons for not pursuing technologies like telematics and usage-based insurance, industry experts say -- and recent changes in patent law are favoring those who challenge patent holders.

Non Customers Eligible for Allstate Drivewise Mobile Rewards

August 27, 2015 Allstateís Drivewise Mobile application now features Allstate Rewards, which safe drivers now can use to earn points for deals on merchandise, gift cards and local offers, regardless of whether they have an insurance policy with Allstate.

Study: Executives Focused on Wrong Security Metrics, Analytics

August 26, 2015 To combat security issues, most organizations still depend on alerts and actual incidents. But that approach can lead to faulty data analysis.

Telematics: Room to Grow in Commercial Lines

August 26, 2015 Fleets are interested in adopting usage-based insurance programs, but arenít being reached by carriers, according to Lexis-Nexis research.

Demand for Big Data Analytics Software Still Accelerating

August 26, 2015 Organizations are formalizing their use of big data and the capability should be core by 2019, Ovum reports.

Zurich Proposes to Buy RSA Insurance for $8.8 Billion

August 25, 2015 The possible takeover, which would be the biggest in Europe this year, has spurred speculation that buyouts in the European insurance industry, which have lagged behind those in the U.S., are about to gain momentum.

State Auto Names New CIO in Management Shakeup

August 25, 2015 In addition to adding former Assurant CEO Greg Tachetti as tech leader, the personal lines insurer is realigning its business units .

Progressive Loses Appeal in Telematics Patent Suit to Liberty Mutual

August 25, 2015 Liberty Mutual has prevailed over Progressive Insurance in the U.S. Court of Appeals for the Federal Circuit. At issue was the validity of five Progressive patents related to online customer experience, insurance telematics and driving scores that support Progressiveís Snapshot program.

Munich Reinsurance America Names New Leaders

August 26, 2015 John Vasturia was named president of Munich Re Americaís specialty markets and a member of the insurerís U.S. P&C executive board. Jill Beggs has replaced Vasturia as head of new strategic markets, which includes Munich Re Americaís innovation practice, corporate communications and the U.S. P&C cross-platform team. Picks Iovation for Point-of-Quote Fraud Protection

August 26, 2015 The UK-based Insurance aggregator has launched a point-of-quote fraud detection and prevention service that combines its customer and quote database with Iovationís Risk Solution, which assesses the likelihood of based on the current and past behavior of a smartphone, tablet or laptop.

Nordic Region’s second Largest Insurer Selects Genpact

August 24, 2015 By streamlining, automating and optimizing Tryg's underwriting support, policy administration, claims processing and customer care services, the insurer expects to become more customer centric, agile, digital and responsive.

TransGuard and Occidental Fire & Casualty Implement Silanis’ e-SignLive

August 24, 2015 Members of the IAT Insurance Group have implemented the electronic signatures application in an effort to improve internal processes, ease of doing business for independent agents, and delivering a better customer experience.

How Plymouth Rock Makes Direct Traffic Profitable for Agents

August 24, 2015 The companyís new Prime initiative releases unbound web quotes to independent agents.

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