Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Progressive’s Black Box: Is Big Brother Good for the Industry’
Nov 22 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Focus on the Future: Come 2014, Industry Should Look Very Familiar
Nov 22 2004 // PCI Execs Contend Current Players Will Adapt to Maintain Advantages Ten years from now, some of the players within the property/casualty insurance industry will have changed but the industry itself will not look...
Euclid Managers Launches Web Log for Internet, Tech and Media Liability Insurance
Nov 16 2004 // Kansas City-based underwriting manager and claims administrator Euclid Managers has developed a new Web log devoted to Internet, tech and media liability insurance hot topics, including coverage analysis, recent case law...
Is Big Brother Good for the Industry’
Oct 25 2004 // Some drivers in Minnesota will soon have an added passenger in their cars: their insurance company. Progressive Insurance Company is using so-called “black box” technology to offer drivers discounts based on...
Going Paperless — Is it for the Independent Agency’
Oct 11 2004 // Many independent insurance agents and brokers are used to the concept of “paperless processing” since most of the insurance companies they represent utilize imaging and content management technology. For these...
Does Insurance Technology Render Strategy Obsolete’
Sep 20 2004 // Imagine you are the manager of a Major League Baseball team. Each year your team makes the playoffs, sometimes the World Series, but you never quite get to hoist the trophy. You’re somehow missing the final push that...
Surplus Line Carriers
Sep 20 2004 // First Responders Once upon a time, the excess and surplus line market was the safety valve of the insurance industry—the more lightly regulated, more financially shaky little brother to the admitted market. It was said...
Lexington CEO Talks Shop:
Sep 20 2004 // Kelley Touts Innovation as Core Competitive Advantage Lexington Insurance Co., the excess and surplus line subisidiary of the American International Group, has been the leader in the domestic E&S market for decades...
Going Paperless – Is it for the Independent Agency’
Sep 20 2004 // All Agencies Can Benefit from a Paperless Environment Many independent insurance agents and brokers are used to the concept of “paperless processing” since most of the insurance companies they represent utilize...
Does Insurance Technology Render Strategy Obsolete’
Aug 23 2004 // Imagine you are the manager of a major league baseball team. Each year your team makes the playoffs, sometimes the World Series, but you never quite get to hoist the trophy. You’re somehow missing the final push that...
Midwest Tech Conference to Focus on Real-Time
Aug 10 2004 // An upcoming technology conference geared toward Midwest agency owners, managers and IT staff will focus on the effect of real-time insurance transactions on agency workflow, among other topics. The conference, which...
IBM Presents Tech Lecture at Annual Meeting
Aug 10 2004 // IBM will make a special presentation on the use of technology in the property/casualty industry at the CPCU Society’s 60th Annual Meeting and Seminars in Los Angeles, Oct. 23-26. As part of the Annual Meeting’s...
The Council Endorses NexsureTM as the Preferred Agency Management System
Aug 10 2004 // In a continuing effort to provide member companies with the best available resources for managing an insurance brokerage in today’s highly competitive marketplace, The Council of Insurance Agents & Brokers (The...
It’s Real Time for Agency Technology
Jun 21 2004 // Real-time, security, download, paperless to the agent, multiple passwords, proprietary company Web sites, choosing an ASP—there is so much going on that it is hard to know where to start! Every day, independent agents...
Castek Notes Deal with Global Info Tech to Provide Services for Insure3 Suite of Products in China
Jun 9 2004 // Castek Inc. announced a business partnership with Global InfoTech Co. Ltd. to provide localization and implementation services for the Insure3 Suite of P/C insurance business applications in China. “Castek is...
Could the California Wildfires Have Been Predicted’
Jun 7 2004 // Lessons for Agents and Insurers In late October 2003, major wildfires broke out in five southern California counties, burning more than 750,000 acres, or an area the size of Rhode Island. These devastating fires burned for...
N.J. to Assess High-Tech Auto Safety Gadgets
May 27 2004 // The McGreevey Administration thinks new safety technology for autos and roadways such as on-board navigation systems may be helpful in reducing auto insurance crashes and costs in New Jersey. Banking and Insurance...
Stewart Title to manage P&C operation with Nexsure from XDimensional Technologies
May 26 2004 // With more than 7,400 issuing locations nationwide, you’d think a product line extension would be a simple process. But that wasn’t the case when Stewart Information Services Corporation decided to add Property...
Ramsey, Krug, Farrell & Lensing Selects Enara Tech.
May 18 2004 // Little Rock, Ark.-based Ramsey, Krug, Farrell & Lensing announced it has selected Enara Technologies to deliver and implement the best total solution for a paperless full-service independent insurance agency. The...
High-Tech Systems Help Make the Agent an Underwriter
May 17 2004 // Many carriers, especially commercial lines carriers, rely on independent agencies to sell and service policyholders. The agency typically owns and maintains the relationship with the insured. Carriers that maximize agent...