Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
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...
Phillip Bachler Joins Heffernan Insurance Brokers as High Tech Producer
May 17 2004 // Heffernan Insurance Brokers, one of the largest full service insurance brokerage firms in the Bay Area, announced the appointment of Phillip Bachler as a producer in its Palo Alto office. With production and account...
Business Made Easy Integrated Technology Solutions Key to Success
May 17 2004 // Just what are independent agents looking for when it comes to technology? That was the question posed to a number of industry experts who all seemed in agreement—in order to compete in today’s workplace...
The Two Faces of Automation
Apr 5 2004 // An interesting event happened at a recent strategic planning session with a client. Action items for each department were being discussed. What stood out was that the majority of the action items had a heavy reliance for...
Innovation Key to Comp Quandary
Mar 22 2004 // The workers’ compensation system — the country’s largest line of commercial insurance — is in crisis, as contributing writer Tom Slattery points out in his excellent overview of where comp has gone in the...
Controlling Medical Costs in Workers’ Compensation
Mar 22 2004 // Rising healthcare costs are recognized as a key problem in the workers’ compensation industry. Medical costs once constituted 30 percent of the total workers’ comp claims expenses; today, however, they...
MINICO INC. LAUNCHES NEW COMMERCIAL INSURANCE TECHNOLOGY SYSTEM:
Mar 8 2004 // Phoenix, Ariz.-based MiniCo Inc. has announced the successful implementation of Renaissance, a new browser-based commercial insurance technology system designed to improve customer service throughout the...
Amica Announces Move to XDimensional Technologies’ Nexsure for Branch Office Automation
Feb 18 2004 // For over twenty five years, Kevin Cotter has been on the information technology fast-track, ensuring that Amica Insurance’s ERP (Enterprise Resource Planning) systems stay in step with changing consumer demands. His...
MiniCo Inc. Launches New Commercial Insurance Technology System
Feb 13 2004 // Phoenix-based MiniCo Inc. has announced the successful implementation of Renaissance, a new browser-based commercial insurance technology system designed to improve customer service throughout the organization’s...
CAT Securitizations in 2003 Reveal Increased Innovation, Modest Growth in Volume
Feb 6 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, has completed a review of catastrophe securitizations that were placed in 2003. Considering publicly available...
Controlling Medical Costs in Workers’ Compensation
Jan 26 2004 // Rising healthcare costs are recognized as a key problem in the workers’ compensation industry. Medical costs once constituted 30 percent of the total workers’ comp claims expenses; today, however, they...
Stretching Your Budget with “On-Call” Tech Professionals
Nov 3 2003 // One of the decisions that any agency principal faces sooner or later is “How much technological expertise do I need in house?” In an ideal world, you would have a network specialist, an information technology...
Safeco Plans Use of New Business Automation
Oct 10 2003 // In a major enhancement to its point-of-sale automation, Seattle-based Safeco has unveiled plans for a single, unified web-based technology platform that will reportedly make it faster and easier for independent...
AMS to Provide Employee Benefits Automation
Sep 5 2003 // AMS Services Inc. is introducing two new products, AMS Benefits Workflow and AMS Benefits Administration, both of which are the primary offerings of a new AMS business unit called AMS Benefits. The creation of these new...
DHS Offering Special Liability/Immunity Protections for Companies
Sep 4 2003 // Beginning earlier this week, the Department of Homeland Security was scheduled to begin offering special liability/immunity protections to companies that develop technologies to help in the war against terrorism. Among the...
Insurance Technology Consultants Issues New Rating and Policy System
Aug 15 2003 // Insurance Technology Consultants, Inc., which has been in the business of developing and supporting complete management software and point of sale systems for insurance companies and MGA’s since 1982, recently...
ACT Advises on Off-Site Tech
Jul 16 2003 // The Agents for Council Technology (ACT) has published a new report designed to help independent agents and brokers assess the benefits of using an application service provider (ASP) and analyze the issues that should be...
BCF Tech. Lowers Transaction Implementation Costs with TIER-XML
Jul 9 2003 // BCF Technology Inc. announced the launch of TIER-XML, an extension of its core Transaction, Integration, Extraction, and Recovery (TIER) Platform Version 3.0 for rapid development of AL3 and XML based transactions. BCF...
Conning Says Automating Commercial Underwriting Not Automatically Profitable
Jun 12 2003 // The commercial property/casualty industry is on the threshold of an “adapt or perish” decision when it comes to underwriting automation, according to a study from Conning Research & Consulting, Inc. The...
Survey Reveals Agents Seek Cos. with Full Capabilities for Protecting Technology Customers
May 28 2003 // The ability of an insurance company to “fully service the insurance needs of information technology companies” is of paramount importance to agents that target this business sector, according to a survey...
