Yearly Archives: <span>2001</span>

Cross-Selling Needs Know-How, Baetis Study Reveals

Independent insurance agents can increase sales of life, health, retirement and group benefits to small business customers, but cross-selling is more effective when agents understand buying patterns and characteristics of specific groups of customers, according to a new study by …

Horace Mann Finalizes Settlement in Insurance Lawsuit

Illinois-based Horace Mann has submitted a settlement deal to the court regarding a class action suit that was levied against the company from customers who purchased a variety of disability policies. The parties involved in the suit have come to …

AEGON Canada Set to Acquire Money Concepts

AEGON Canada Inc., a member of the international AEGON Group and the parent company of Transamerica Life Canada, reached an agreement to acquire 100 percent of the shares of National Financial Corporation, the parent company of Money Concepts (Canada) Ltd., …

Fortis Keeps Mum on Possible Merger Talks

Dutch-Belgian financial group Fortis is not commenting on renewed rumors that it is in merger talks with Britain’s Lloyds TSB and analysts said it would not want to enter any partnership as the junior member, according to Reuters News Service. …

InsureHiTech Gets Financing From Investors

InsureHiTech announced it has received $4.35 million, with a flat valuation from the A round, from J.P. Morgan Corsair II Capital Partners LP, a $1 billion private equity fund, and two other strategic investors. InsureHiTech is an e-business property and …

Mitchell Medical, Cardiff Software to Create Scanning Claims Solution

Mitchell Medical, the premier provider of cost-containment solutions for medical claims processing solutions for the auto insurance industry, and Cardiff Software Inc., a leader in forms processing and eBusiness automation solutions, announced a partnership to deliver a scanning solution that …

Insuring The Children Awarded $10,000 from The Hartford

Insuring the Children (ITC), the insurance industry’s initiative to end child abuse and neglect, has received a $10,000 commitment from The Southern California Regional Office of The Hartford Financial Services Group Inc. The nonprofit organization made the announcement at its …

ConfirmNet Welcomes New CEO

San Diego-based ConfirmNetâ„¢ Corporation, the developer of CertificatesNow, a web-based certificate of insurance process, announced the hiring of Mark Oemcke as CEO. Craig Irving, interim CEO since June 2000, will resume his position as Chairman of ConfirmNet’s Board of Directors. …

Insurance.com Announces Online Marketing Partnerships

Insurance.com(SM), a Fidelity Investments company, announced a series of strategic online marketing agreements with AOL-Time Warner (AOL), Bloomberg, Bankrate (RATE), Yahoo! (YHOO), Multex (MLTX), and Learning Network/Family Education that point to the company’s growing consumer appeal and Fidelity Investments’ continued …

Fiserv Renames FREEDOM Insurance Division

Fiserv Inc. announced the renaming of the FREEDOM Insurance Division to Fiserv Advanced Insurance Solutions. The new identification is part of the market positioning strategy for the recently formed Administrative Solutions Division of the Fiserv Insurance Solutions Group. Tony Perdichezzi, …