All articles by Verdict Staff

MassMutual launches online insurance platform ValoraLife

MassMutual has rolled out its new online insurance platform known as ValoraLife.com, enabling families in Houston to buy affordable life insurance plans online.

UK insurer LV= appoints new CEO

LV=, a UK-based insurance company, has appointed Richard Rowney as its new chief executive officer (CEO).

Max Life, Max Financial Services to merge with HDFC Life

Max Financial Services and Max Life Insurance Company have entered into discussion with HDFC Life insurance to combine their operations and emerge as a prominent insurer in the Indian market.

How wearable technology is influencing the insurance industry

The impact of wearable technology on the insurance industry is illustrated in an infographic link in this article depicting its effect on the front office, policy services, underwriting and pricing and claims.

Innovation, inertia and insurance

Andrew Wibberley, director of Alea Risk, which works with insurers and distributors to improve processes and practices, explains why innovation in insurance can feel like a seminal rock concert or sporting event.

It occurs about once a decade, and for every person who was actually there, another hundred say they were after the event.

Eric Taylor joins AIG in senior annuity role

AIG has named Eric Taylor senior vice president, independent annuity and accident and health distribution.

PICA completes $1.1bn longevity reinsurance deal with UK’s PIC

Prudential Insurance Company of America (PICA) has completed a longevity reinsurance transaction with Pension Insurance Corporation (PIC), a UK-based specialty insurer of defined benefit pensions.

Ghana promotes life insurance coverage for fishermen

The Minister of Fisheries and Aquaculture Development Sherry Ayittey has suggested fishermen of Ghana to take advantage of the government’s Fishermen Life Insurance policy.

Dealing with disintermediation

The growing feeling from insurance companies is that they are increasingly finding themselves completely disintermediated from the end customer, according to Mark Broadhurst, European sales director at insurance software provider Intellect SEEC.

With the changing buying demands of the customer increasingly driven by technology, Broadhurst explains there is no longer a fundamental requirement to deal with an insurance company.

FRB in the US unveils capital standard proposals for insurance companies

The US Federal Reserve Board (FRB) has invited comment on two capital standard proposals – a consolidated approach for systemically important insurance companies and a building block approach for less complex insurance companies that also own a bank or thrift.