Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
BCF Technology Launches TIER Platform Version 3.0
Mar 12 2003 // California-based BCF Technology, Inc. (www.bcftech.com), a provider of web services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for the insurance...
Vermont Receives NAIC’s URTT Award
Mar 11 2003 // The National Association of Insurance Commissioners recognized the State of Vermont for successfully implementing all 12 technology-based initiatives in the Uniform Regulation Through Technology (URTT) program. The award...
Technology Professionals
Feb 25 2003 // Nuts & Bolts: E.L.M. Insurance Brokers Inc. has introduced a new package program for technology professionals. The package includes up-to-date errors and omissions language and general liability on an occurrence form...
Business Disruption/Bio-Terrorism
Feb 25 2003 // Nuts & Bolts: Venture Programs Inc. introduced a new type of business insurance coverage that protects against the loss of income due to terrorist-related Anthrax attack and other airborne diseases. The Airborne...
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...