software News

Judge Finds Ransomware Damage to Computer a ‘Direct Physical Loss’

State Auto Property and Casualty Insurance Co. is liable for the cost of replacing a computer server that was damaged and perhaps permanently compromised by a ransomware attack despite the carrier’s argument that the business owner did not suffer a …

UK Insurance Software Provider Innovation Group Wins Major Contract

British insurance software company Innovation Group said on Wednesday it had secured a 46 million pound ($72.3 million) contract with a major client, its third and biggest new business win this year. The deal, which will see Innovation’s products used …

NetRate Systems Introduces Value-Add Modules to Commercial Auto Rating Product

Okemos, MI, 6/3/13 – NetRate Systems, Inc., a leading supplier of ISO® Commercial Lines Rating software for the MGA and carrier marketplace, has announced the availability of several add-on modules which provide value-added services within its ISO-based Commercial Auto Rating …

Knight Capital’s Future in Balance after $440 Million Trading Disaster

Astonish Announces Software Upgrades

Warwick, RI, 07/19/12 – Astonish, a Digital Marketing Company catering to Local Insurance Agencies, Financial Services and Group Benefit firms, MGA’s, Aggregators and Carriers recently announced version 2.5 of their World Class software program, The Virtual Profit Center (VPC). “The …

Vertafore Unveils Agency Management System with Mobile Capabilties

Vertafore, an insurance industry software provider, has made available its insurance agency management system, AMS360 v6.5. The new version provides agencies with new capabilities for every staff member, including: Agents can create and edit customer information on the go with …

Resource Edge Consults With Hundreds of Insurance Professionals to Help Build the Perfect Insurance Recruiting Tool

Las Vegas, NV, 04/30/12 – Resource Edge, a software development company with over 20 years of experience in custom software solutions for HR and Staffing, is releasing their newest software solution InsuraSeek, an insurance industry recruitment management suite of tools …

Applied Systems to Open Canada Data Center

Insurance software company Applied Systems announced plans to open a Canadian data center in the third quarter of 2012, in order to provide “additional data storage for the growing number of insurance brokers who choose online broker management systems and …

MAPFRE Group Licenses Risk Solution Products for Companies

MAPFRE Group’s David O’Gorman, URS Managing Director-Spain/Portugal/Latin America, announced that the group has “licensed Risk Explorer™, the Dynamic Financial Analysis (DFA) software and a suite of other products from Ultimate Risk Solutions (URS).” The bulletin described “Risk Explorer™” as the …

Webcetera Releases Major Update to Industry Leading EZLynx® Software

Flower Mound, TX, 03/01/12 – Webcetera, L.P., the company behind the innovative EZLynx® platform, has released a major update to their flagship software. EZLynx® 3.0 is a substantial upgrade to the industry leading comparative rater and agency management system that …