After searching for a single, end-to-end claims system to consolidate and manage all of its claims processing, Sarasota, Fla.-based FCCI Insurance Group decided on Guidewire ClaimCenter from Guidewire Software, based in San Mateo, Calif. ClaimCenter will be integrated with FCCI's policy systems, ImageRight document management system, ISO ClaimSearch, medical bill review systems, downstream statistical reporting, and general ledger applications. With ClaimCenter, Guidewire maintains that the FCCI claims organization will be able to centralize loss reporting; standardize claims processing through use of business rules; assign claims automatically based on loss type and accident geography, and consistently process claims regardless of adjuster location.
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Nationwide's Sarah Jacobs shares how technology is changing the risk profiles for homeowners.
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Shikha Khetrapal, formerly COO of Vantage Insurance Partners, an insurance industry investor, spoke with Digital Insurance about hurdles that large insurance companies, investors and private equity firms encounter when integrating their acquisitions in the industry.
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Investment funds based on parametric insurance have the potential to beat cat bond returns, according to Rhodri Morris, a portfolio manager at Twelve Securis.
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The chance at a piece of strong returns has encouraged investment banks, hedge funds and debt investors to vie for contracts to fund the litigation, according to people involved in transactions.
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AITC co-founder Scott Harrison tells NAIC working group to avoid uncertain, imprecise definitions that could confuse compliance efforts.
June 29