IT News
The Hartford CEO Swift: M&A One of Many Possible Growth Options
The Hartford Chairman and CEO Christopher Swift said that M&A is one of many possible options for the property/casualty insurer as it looks at ways to accelerate growth in the months ahead. "We ...
Automation May Slash 25 Percent of Insurance Industry Jobs: McKinsey & Co.
Automation could leave up to 25 percent of the insurance industry's current full-time positions consolidated or replaced over the next decade, McKinsey & Company said in a new report. The ...
Mid-Sized P/C Carriers Increasingly Embracing IT Outsourcing: Novarica
Large numbers of insurers are relying on at least some form of information technology outsourcing to enhance their daily operations, Novarica found in a new survey of industry CIOs. The reason: ...
Insurity Grabs Oceanwide in Bid to Build Bigger P/C Industry Software Provider
A Connecticut company that supplies software, data processing and analysis for property/casualty insurers and agents has snatched up a Canadian rival in a bid to diversify. Insurity said it has ...
Preparing Your Organization for Digital Transformation
There is little consensus in the insurance industry on what exactly is included in "digital strategy." Most insurers typically mean agent portals, customer portals, corporate sites and online ...