INN Breaking News

Ohio National Picks Accenture

July 28, 2015 The insurer will implement the Accenture Life Insurance & Annuity Platform and Actuarial Calculation Engine.

SSP and Capgemini Partner for Core Systems Transformation

July 27, 2015 SSP, provider of insurance technology in the UK, and Capgemini, a consulting, technology and outsourcing services company, have partnered to help insurers replace legacy systems and accelerate their digital ambitions, the companies said.

Zhong An First Client for Alibaba Insurance Cloud Offering

July 27, 2015 The Chinese e-commerce company and eBaoTech have partnered on an administration platform for insurance companies.

AXA Invests in Mobile Health Insurance Platform

July 27, 2015 The company's Strategic Ventures arm has backed LimeLight Health, makers of the QuotePad mobile customer experience platform.

St. Johns Insurance Goes with Milliman

July 27, 2015 Insurer will implement Pixel, a competitive intelligence tool for P&C insurers, as well as Milliman's proprietary market baskets, Milliman said.

Farmers Insurance Selects Guidewire

July 24, 2015 To improve the customer experience, the multiline insurer will use PolicyCenter and Rating Management to integrate disparate underwriting and policy admin systems.

Agile Development Widespread and Delivering Value

July 24, 2015 More than two-thirds of participants reported that Agile had improved end-user satisfaction with delivered projects, relationships between business and IT and IT job satisfaction, according to a report from Novarica.

Anthem Strikes Deal to Buy Cigna

July 24, 2015 Anthem will pay $188 a share in cash and stock for Cigna; that’s a 22-percent premium to Cigna’s closing price of $154.36 on Thursday.

Majesco Platform Available Via IBM Cloud

July 23, 2015 New offering includes Majesco Billing, which supports P&C and life and annuity lines of business.

Anthem Said to Be Nearing Deal to Buy Cigna for $48 Billion

July 23, 2015 An acquisition would add to a wave of consolidation sweeping over the health-insurance industry. Aetna Inc. said it agreed to buy Humana Inc. for $35 billion earlier this month, a day after Centene Corp. said it struck a deal to acquire Health Net Inc. for $6.3 billion.

Unum Launches Mobile Claims App

July 22, 2015 The app uses a phone’s camera to capture and upload images of documents and authorization forms that are needed to evaluate claims, and enables users to monitor their claims’ status.

Patriot National to Acquire Global HR Research

July 22, 2015 The combined company will be a ‘one-stop-shop’ to help employers manage risk and run safer, more profitable workplaces, executives say.

Hiscox Names Chief Underwriting Officer for USA

July 23, 2015 Previously head of U.S. claims, Nicole Goodwin will replace Gary Head.

Tech and Customer Expectations are Transforming Claims Processing

July 23, 2015 A new Novarica report finds that data, digital channels and changing customer expectations are driving investments in claims processing across the insurance industry.

Ex-Oppenheimer Executive Gets Prison in Insurer-Sale Fraud

July 21, 2015 Allen Reichman, 54, and three others scammed Oklahoma regulators in the $37.5 million leveraged buyout of Providence Property & Casualty Insurance Co., according to prosecutors.

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