Insurance Services Office Inc. (ISO), Jersey City, N.J., and Markham, Ontario-based Insurers' Advisory Organization Inc.(IAO) have formed a strategic alliance. IAO will immediately begin to market ISO forms, rules and loss costs to Canadian companies doing business in the United States. The two organizations will also work together to develop new products that benefit both their customers. Fifty-eight Canadian P/C insurers, representing more than 80% of Canada's written premium, are IAO members.Business-to-business e-platform provider Nekema Inc., Jersey City, N.J., completed its merger, announced last May, with InsurePoint.com Inc., a Cincinnati-based commercial lines online marketplace targeting high-tech firms. The new company will adopt the InsurePoint brand and initially will target the commercial lines marketplace for agents/brokers and carriers. The new company will have the continued backing of Atlantic Mutual Companies, New York, which founded InsurePoint.com in 1996, and the Kemper Insurance Cos., Long Grove, Ill., which founded Nekema.com in 1999 with the Bolton Agency, Pasadena, Calif.
Agency Revenue Tools LLC, a Conway, N.H.-based independent agency and agency consulting firm that developed Web-based billing software, has acquired the customer and product database of IDS, a subsidiary of AMS Services Inc., Greenwich, Conn. AMS acquired IDS in 1994 to provide multi-company, multi-product, single-source billing to agents. Agency Revenue Tools developed Worksite Marketing Manager, which enhanced the IDS system with a payroll deduction component, business forms, sales ideas and other tools.
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