Back injuries are the single most common injury in the workplace. The U.S. Department of Labor's Bureau of Labor Statistics reported more than 270,000 cases in 2005--nearly 22 percent of all the injuri
Automation is changing the face of not just the commercial underwriting process but the commercial lines marketplace itself. The days of segmenting the market into small, midmarket, and large commerci
In coming years, the biggest claims crisis you will face may not be lack of tort reform, increased hurricane activity, or even climate change. If expert projections hold, you will need to deal with an
For some time, employers have offered employees wellness programs that provide incentives for maintaining healthy lifestyles. While these programs can offer positive returns on investment, those retur
Advances in connectivity and workflow technologies and a maturation of capabilities in the provider market have made the virtual insurer model possible. But while handing off specific functions using
Wind tunnels have been invaluable tools for assessing the susceptibility of building materials to wind damage and providing insurers with data to better predict losses and promulgate property rates. B
An increasing demand for annuity products is one of the key drivers behind an initiative to standardize the electronic sales of such offerings. "There will be a huge amount of interest in these produc
Getting business and IT decision-makers to understand both the meaning of IT architecture and its benefits--as well as to fund these initiatives--is an ongoing challenge. Aligning different constituenci
Ever since God confounded the languages of humankind at the Tower of Babel, people have struggled to find a common means by which to communicate. This struggle is reflected in the systems insurers use
"The insurance industry is significantly behind the rest of the world in terms of using technology to provide faster, more efficient, and more productive service," MacDonald contends. "I felt there wa