INN Breaking News

Opportunities for Insurers Abound in Smart City Movement

November 25, 2015 Industries such as technology, insurance, government, health, or energy will quickly become more connected to each other and the people of the world will collaborate in smart communities to capitalize on innovations.

XL Catlin Launches Online Cyberinsurance Content Portal

November 25, 2015 The site features support for cybersecurity readiness and incident response services.

Insurers Must Admit They Have A Customer Experience Problem

November 25, 2015 The majority of carriers have perfected looking at the world from the inside out, which may be fine in an era of limited change, but it is exactly the wrong response in a period of dynamic activity and shifting expectations.

Allianz Looks to Digital for Growth

November 24, 2015 Looking to add $6.9 billion to its books, Allianz has partnered with China's Baidu search engine on digital distribution.

Vienna Insurance Takes 195 Million Euro IT Writedown

November 24, 2015 The company says it is burdened by "IT impairment."

GEICO to Award $5,000 IT Scholarships

November 23, 2015 Six IT students at four-year universities will be given the cash assistance.

People and Culture Critical to Analytics Success

November 23, 2015 Two separate recent studies on data analytics find that analytics is central to business strategy among leading organizations, and the focus on people is critical for that success.

Manulife Partners with Canadian Innovation Organization, Plans Hackathon

November 23, 2015 The initiative is patterned after a similar strategy at John Hancock, its U.S. division.

Blue Cross Blue Shield of Michigan Acquires Technology Company

November 20, 2015 The insurer has bought ikaSystems, a business processes services provider for health payers.

XL Group Follows KKR, Stone Point With PURE Insurance Bet

November 20, 2015 The insurer, which recently completed a merger with Catlin, has taken a 10% stake in the White Plains, N.Y. specialty carrier.

Telematics Held Back by Data Security Concerns

November 19, 2015 Research from The Insurance Research Council finds customers skeptical of insurers' ability to safeguard their personal information if they use telematics devices for usage-based insurance.

UnitedHealth May Quit Obamacare Market in Blow to Health Law

November 19, 2015 UnitedHealth Group Inc. is scaling back marketing efforts for plans itís selling this year under the Affordable Care Act, and may quit the business entirely in 2017.

Freebird: A New Kind of Tech-Powered Travel Insurance?

November 19, 2015 The startup offers coverage for canceled flights based on several big data points.

Selective Names Analytics VP

November 19, 2015 James Gottshall formerly worked at Chubb.

Why Privacy Advocates Warn the Cybersecurity Bill Is a Mistake

November 18, 2015 Some privacy advocates worry that the Cybersecurity Information Sharing Act could do the opposite of what policymakers intended, flushing more of consumers' sensitive information out into the open than ever

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