Latest Tech Headlines

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

PAULMAR Software Finalizes Trust Account Outsourcing Technology

Feb 24 2003 // PAULMAR Software, Inc. (www.paulmarsoftware.com) recently concluded the development of Trust Account Outsourcing TechnologyTM that makes possible, for the first time in the commercial insurance industry, the management of...

Industry Looks to Meet Challenge of Modernization

Feb 24 2003 // Insurance industry leaders are clamoring for information technology (IT) modernization but are inhibited by budget constraints, a recent survey conducted by Sapiens International revealed. Sapiens, a provider of business...

Industry Looks to Meet Challenge of Modernization

Feb 24 2003 // Insurance industry leaders are clamoring for information technology (IT) modernization but are inhibited by budget constraints, a recent survey conducted by Sapiens International revealed. Sapiens, a provider of business...

Lloyd’s Chairman Sees Industry at a “Crossroads”

Feb 12 2003 // “The insurance industry is facing a series of critical choices in the near future,” stated Lloyd’s Chairman Lord Levene, speaking before an audience of 130 insurance professionals at the Conrad Hotel in...

Exclusive Agents Feel the Squeeze

Feb 10 2003 // The times they are a’changin’.” Bob Dylan’s 60’s refrain could be the theme song for a new spirit moving through the ranks of the insurance industry’s exclusive (captive) agents. The...

The Evolving Character of Technology Outsourcing

Feb 10 2003 // Perhaps it’s time to replace the word “outsourcing” with a new term. This might be especially appropriate for some of the technology outsourcing options available to the insurance industry today. To some,...

Exclusive Agents Feel the Squeeze

Feb 10 2003 // The times they are a’changin’.” Bob Dylan’s 60’s refrain could be the theme song for a new spirit moving through the ranks of the insurance industry’s exclusive (captive) agents. The...

The Evolving Character of Technology Outsourcing

Feb 10 2003 // Perhaps it’s time to replace the word “outsourcing” with a new term. This might be especially appropriate for some of the technology outsourcing options available to the insurance industry today. To some,...

Genesis Technology Group Signs Agreement With Chinese Insurance Broker

Feb 5 2003 // Florida-based Genesis Technology Group, Inc. (GETC) has announced the signing of an agreement with Shanghai Dongda Insurance Brokers Company, Limited (Dongda) in Shanghai, China, that provides for GTEC to represent Dongda...

Doris Adopts Interface Technologies Of Applied Systems

Jan 30 2003 // Alpharetta, Ga.-based independent agency management system provider, DORIS Insurance Systems LLC, announced it is adopting the interface technology and services of Applied Systems for managing agency-company interface...

E.L.M. Announces New Coverage for Tech Professionals

Jan 17 2003 // E.L.M. Insurance Brokers Inc. a specialist in professional liability has introduced a new package program for technology professionals. The package includes up-to-date errors and omissions language and general liability on...

Aon Study Reports D&O Liability Expenses Hammering Technology Companies

Jan 17 2003 // The chilling effect from last year’s corporate governance scandals has infected the directors’ and officers’ liability insurance market, hitting technology companies especially hard. That is one of the...

SAFECO Introduces New ESP Technology

Jan 8 2003 // SAFECO introduced XML-based technology that allows insurance agents to quote and issue small business policies online in minutes. Called ESP(TM), SAFECO’s e-business system cuts days off the traditional insurance...

American Commerce Ins. Co. to Use RIS Interface Processing Technology

Jan 8 2003 // Ohio-based Results International Systems (RIS), a leading specialist in outsourcing and application services for the P/C Industry, announced that it has provided “a web-enabled graphical user interface (GUI)”...

Society Meeting Reports Insurers Have Much to Think About in Dealing with Present Challenges

Dec 31 2002 // According to speakers at the Society of Insurance Research’s annual meeting, the strategic challenges confronting insurers include the rapid pace of change, terrorism, asbestos, the need to reform the tort system,...

Survey Says Industry Executives Want IT Modernization Despite Budget Limits

Dec 18 2002 // Sapiens International Corporation an insurance business solutions provider, announced results of its survey of U.S.-based senior insurance executives conducted during the annual ISOTECH 2002 conference last month in...

SIAA to Offer ebix.com’s Agency Management System

Dec 2 2002 // Atlanta-based ebix.com Inc. signed an agreement under which the company will create a private label version of ebixASP specifically for the members of SIAA, a network of independent agents. According to ebix.com, SIAA...

Travelers Makes Real-Time Policy Available Through Applied Systems Agency Management Systems

Nov 27 2002 // Travelers Property Casualty has made available real-time policy view to independent commercial insurance agents and brokers directly through their Applied Systems agency management systems. The capability, called...

RI3K CEO Tells London Market Why Tech Matters, but Experience Matters More

Nov 22 2002 // Alex Letts, CEO of the reinsurance services provider RI3K, told an audience of insurance professionals at the annual Insurance Institute Conference that, although recent advances in technology would indeed transform some...

William McCarter Joins ePolicy Solutions as SVP, Client Engagement Executive

Nov 19 2002 // ePolicy Solutions Inc. announced the addition of William S. “Billy” McCarter as senior vice president, client engagement executive. McCarter’s last assignment was with Fireman’s Fund Insurance...