Chicago-based SUA Insurance Co. is in production with a new end-to-end policy administration system, powered by Bolivar, Mo.-based Duck Creek Technologies Inc.'s EXAMPLE platform. The implementation was completed in less than six months, and SUA's partners can now submit, quote and administer the insurer's commercial products through Internet-based processing. In addition to the Web-based processing capabilities, the platform's service-oriented architecture (SOA) enabled integration with SUA's back-end systems and easy access to the company's data. SUA implemented the complete suite of EXAMPLE platform products, including: EXAMPLE Author, EXAMPLE Server, EXAMPLE Express, EXAMPLE TransACT, EXAMPLE Templates for Commercial Lines and EXAMPLE Forms.
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Dave North, executive chairman of Sedgwick, will retire on June 30th, but will continue to serve on the company's board of directors.
April 26 -
SDK integration can simplify and revolutionize digital offerings for health insurers.
April 25Spectrum.Life -
The insurtech discusses its multi-line solutions and ethics of AI.
April 25 -
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
April 25 -
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
April 25 -
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
April 24