insurance in news

Barclays CIO finds a new home with SAP

News Trotta has been appointed the ERP company's SVP and global head of financial services, responsible for product strategy, development and overall market positioning activities in the banking and insurance industries... [22 Oct 2009]

Are dinosaur managers and poor teaching holding back Digital Britain?

News He cited the insurance industry as an example of where an opportunity for plugging into web 2.0 trends is going begging. More must be done to convince grey-haired business leaders to embrace web 2.0 developments, a panel... [23 Sep 2009]

Former eBay CEO vies to become Arnold Schwarzenegger's successor

News Possible primary rivals include state insurance commissioner Steve Poizner, a former Silicon Valley exec who founded SnapTrack, a mobile phone locating company, and sold it to Qualcomm for $1bn in January 2000. [22 Sep 2009]

CIOs, consultants, IT pros: How much are you worth?

News Many permanent CIOs get additional benefits on top of their pay-packet - including 75 per cent who get a bonus for personal or company performance, and 61 per cent who have private medical insurance. How much money can... [31 Jul 2009]

Jardine Lloyd Thompson Group picks newspaper man for CIO

News The insurance and risk management company announced today that Ian Cohen will take up the head of IT role with immediate effect. Jardine Lloyd Thompson Group has hired a new CIO. Cohen, who has featured on silicon.com's... [24 Jul 2009]

HSBC companies slapped with £3m fines over data breaches

News The Financial Services Authority (FSA) fined HSBC Life £1,610,000, HSBC Actuaries £875,000 and HSBC Insurance Brokers £700,000 - making a total of £3m in penalties between them. Clive Bannister, group managing director... [22 Jul 2009]

Hundreds of IT jobs to go at Lloyds

News IT, collections and insurance are the latest areas to be affected. The Lloyds Banking Group has confirmed that hundreds of IT roles will be axed by March 2010 as part of the latest wave of job cuts at the company. [17 Jul 2009]

Virtualisation and cloud: The new weapons in the outsourcing arms race

News Recent megadeals have included BT's £500m contract with the NHS, IBM and CSC's £300m deals with the government's Identity and Passport Service, and a £685m deal for HP-EDS at insurance giant Aviva. As IT outsourcing... [14 Jul 2009]

IT grads worst hit by recession

News IT jobs comprised just 1.1 per cent of the vacancies offered, according to the report, with only insurance having fewer slots available. When it comes to landing their first job UK IT grads are facing a tougher time than... [06 Jul 2009]

IBM sets sights on mobile with £100m research boost

News In one pilot, mobile technology was used by an insurance company to locate and dispatch the most appropriate and available claims adjusters for certain cases. IBM is to invest millions of dollars for research into new... [19 Jun 2009]

Cheat Sheet: Business intelligence

News Meanwhile, B&Q is using data mining to root out internal fraud and reduce stock loss and insurance group RSA is using BI to further help its contact centre staff improve customer service. 'Business intelligence'? [08 Jun 2009]

Businesses hunting for gold with data mining

News Insurance group RSA has also been using SPSS technology to better understand its customers. RSA analytics manager, Simon Dudley, said the company needed to do more with data analytics because customers can easily change... [15 May 2009]

Outsourcing - expert tips on iron-clad protection

News Both can help provide an insurance policy against the supplier failing to deliver. Breaking up is always hard to do, especially when you and your partner are knee-deep in a multimillion-pound deal to transform... [07 May 2009]

Revealed: Secrets to outsourcing success

News By 2006, its offshore operations had grown to multiple captives based in India and Sri Lanka employing 6,000 staff and with responsibility for delivering a range of insurance processing and back office IT services. [01 May 2009]

Recession bringing offshored work back to UK

News However, in 2006 it brought part of its household insurance processing back to the UK and last year also agreed a deal to sell its in-house offshore operations, known as captives, to Indian outsourcer WNS. [28 Apr 2009]

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