SIMS Claims is a comprehensive property/casualty claims management system designed to maximize efficiency and profitability in day-to-day operations. The browser-based system leverages the .NET platform, Web Services, XML-based business rules, and SQL Server relational databases.
Systema says SIMS Claims will enable B&L's two insurance companies—Protective Insurance Co. and Sagamore Insurance Co.—to consolidate operations from six claims systems on to one architecturally strong platform.
"Over the years, our company grew organically to offer a complex mix of insurance products, including auto, liability and workers' compensation coverage to the motor carrier industry," said Jeff Price, director of IT at Baldwin & Lyons. "As we added new products, we slowly added new claim systems, which created a complex environment and a multiplicative effect on the cost of our IT operations. Besides being the right platform on which to consolidate, we chose SIMS Claims for the completeness of the product and its out-of-the-box capabilities."
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The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
April 24 -
Fortune and Great Place to Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.
April 24 -
"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.
April 24 -
By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.
April 23KnowBe4 -
The insurtech development program, seeing frequent participation from Americas-based startups, dedicates latest cohort to regional entries.
April 23 -
AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief information officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.
April 23