Latest InsurTech Headlines

All the headlines from our InsurTech Topic Page, ordered by recency.

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...

Technology and Insurance Fraud … A Shared Responsibility

May 19 2003 // While the insurance fraud crisis worsens and fraud perpetrators find new and innovative approaches to their illegal activities, the insurance industry needs to take a proactive stance to put a stop to the bleeding-or at...

Web Services, J2EE, .NET’ – Should an Agent Care’ Absolutely!

May 19 2003 // Revolutionary technology supporting agent-carrier collaboration is in widespread deployment. Known as Web Services, these technologies will play a critical role in determining the agent and carrier winners in...

Are you a Tech-Savvy Kind of Person’

May 19 2003 // Whenever we do stories related to technology and the independent agency system, I’m struck by the two divisions that reside in the business. There is the “old guard” if you will, many who began their...

Cigital Chief Tech Officer to Deliver Keynote Address at TechAssure Conference

May 12 2003 // Markham Rollins, III chairman of TechAssure Association, Inc. announced that Gary McGraw, Ph.D., Chief Technology Officer of Cigital, which provides Software Quality Management solutions, will provide the keynote address...

ISO Tech Conference to Explore Terrorism, Mold, Med-Mal, ID Theft

May 5 2003 // The Insurance and Technology Conference, sponsored by Insurance Services Office, Inc. (ISO), will be held Nov. 2-4 at the Disneyland Hotel in Anaheim. Dr. James Canton, futurist and author, will be the keynote speaker,...