Subject Root Tag

  • Donegal Mutual Insurance Co. has reaped many benefits from its system integration efforts over the years. Executives with the Marietta, Pa.-based provider of personal, farm and commercial insurance admit that their strategy of implementing component-based technology would not be successful without a strong emphasis on systems integration.For example, Donegal's systems integration efforts helped immensely when the provider went scouting for a document imaging and workflow system in 2001.

    March 1
  • State Farm unveiled a new financial education Web site that provides fun ways for K-12 students to learn basic principles of financial responsibility and money management. With only a handful of states requiring students to complete a personal finance course before graduating high school, the State Farm "Common Cents" online program can help parents and educators give children the real-life skills they need to become smart consumers, sensible savers and responsible investors, according to the Bloomington, Ill.-based insurance company.

    March 1
  • The Consumer Federation of California (CFC), a nonprofit consumer advocacy group, has awarded Fireman's Fund Insurance Co. an A- for its privacy policy, the highest grade assigned to any property and casualty insurer doing business in California.Novato, Calif.-based Fireman's Fund, a provider of homeowner's insurance in the state and commercial insurance to middle market businesses, was among only eight companies to receive an A- or better. Following a survey of 55 financial institutions, the CFC gave two thirds of the companies low or failing grades, including many major property and casualty companies.

    March 1
  • Worcester, MA--Kemper Auto and Home's Syracuse office and Blue Cod Technologies, Inc. of Worcester, MA announce the signing of a contract under which Blue Cod will be responsible for providing outsourced application and technical support for Kemper's New York Assigned Risk Automobile business. Blue Cod will host Allenbrook's Phoenix policy processing solution and provide it to Kemper Auto and Home over the Internet. Blue Cod will also build and maintain a number of interfaces to various external applications.

    February 27
  • DALLAS--Docucorp International, a leading provider of enterprise information solutions, announced today the availability of Image Resource, an affordable content management and workflow solution, for the managing general agent (MGA) market.

    February 26
  • United Farm Family Life Insurance Company, based in Indianapolis, Indiana, has selected Philibert Software Group to develop an illustration system to be used by its sales force. The system will illustrate the company's Millennium Universal Life product in presentations for new sales. It also will be used for reprojecting values and protection scenarios for existing insureds under the re-proposal or in-force portion of the system.

    February 25
  • INDIANAPOLIS--Anthem Employee Assistance Program (EAP), Anthem Inc.'s program designed to help companies maintain an emotionally healthy workforce, has made available a new Web site that provides instant access to various online resources and interactive tools to help employees better manage their work and home lives in an effort to improve or maintain their well-being. "An organization's success is dependent upon a physically and emotionally healthy workforce," said Marty Dubin, Psy.D., vice president, Anthem EAP. "The Anthem EAP Web site is completely confidential and provides streamlined access to a wealth of content and self-service capabilities to help provide guidance when facing life's stressful challenges."

    February 25
  • The Hartford Steam Boiler Inspection and Insurance Co. (HSB) has launched HSB InstantQuote, an online tool that provides a quick way to quote and bind equipment breakdown coverage in as little as three minutes. A two-minute animated demo of InstantQuote can be viewed at www.hsb.com.HSB InstantQuote is designed to provide new business equipment breakdown quotes for small commercial and middle-market firms with individual location values up to $10 million for manufacturing and $20 million for non-manufacturing.

    February 24
  • SOLCORP, a subsidiary of EDS, and Universal Conversion Technologies (UCT), Addison, Texas, will jointly host a Webinar on data migration best practices . This interactive Web-based presentation, "Policy Administration System Consolidation: Overcoming the challenges of data migration" will be presented live over the Web on March 11, 2004 at 2 p.m. EST.Reduction of operating costs is a top priority for life insurance carriers, and many are investigating consolidation of back-office systems, or migration to a new policy administration platform to address this business imperative. With either of these options, however, CIOs face a data migration project that brings with it a host of challenges. In this interactive presentation, experts from SOLCORP and UCT will present a strategy for minimizing the risks and maximizing the benefits, one that's based on a realistic understanding of the degree of complexity involved in data transformation. The presentation will include a step-by-step migration playbook--from calculating return on investment on the front end to improving data quality on the back-end.

    February 24
  • Newark, Calif.--Risk Management Solutions (RMS), the world's leading provider of products and services for the management of catastrophe risk, has announced that it is providing funding for the first visiting research fellowship to be established at the new International Centre for Political Violence and Terrorism Research. The Centre is based at the Institute of Defence and Strategic Studies (IDSS) at Nanyang Technological University in Singapore, and was officially inaugurated on February 20 by Wong Kan Seng, Minister of Home Affairs in Singapore.

    February 24
  • Conshohocken, PA--eMoney Advisor, a leading provider of holistic wealth planning solutions, today announced the availability of AdvisorPlatform Version 3.5. The new version offers significant upgrades to Version 3.0, which was released in January 2003, including streamlined data entry through the Fact Finder, simulated sales of an asset, "what if" scenarios versus base facts, and additions to the Client Financial Home Page. In addition, the new version includes an updated user interface for greater ease of use.

    February 23
  • IVANS Inc., the Greenwich, Conn.-based provider of network and real-time solutions for the insurance industry, has released a study detailing the current state of insurance agent adoption of technology in the United States. The study, which received responses from more than 435 independent agents, revealed that an overwhelming majority of insurance agents (84.3%) prefer to work with insurance carriers that they consider "aggressive" in their use of new technology."The results of this survey are important because they show that recent advances such as real-time agency/company interface and use of broadband technologies have clearly dispelled the concerns from a few years ago about disintermediation of agents when embracing new technologies," says Maggie O'Hara, divisional vice president of offering management for IVANS. "In fact, if anything, these technologies have helped convert agents into huge technology proponents that now hunger for more positive change."

    February 23
  • Hyland Software Inc., the developer of OnBase(R) enterprise content management software, has formed a partnership with HealthTek Solutions. HealthTek focuses on providing information technology consulting services to IDNs, community and teaching hospitals, health care payers, physician groups and other healthcare providers. Frank Veale, considered to be a leading expert on document imaging technologies, leads HealthTek's document management practice and will manage the Hyland/HealthTek partnership activities.

    February 23
  • ATLANTA--Ebix Inc., a leading international supplier of software and e-commerce solutions to the insurance industry, announced that it has completed its acquisition of LifeLink Corp. Inc., adding hundreds of brokers and approximately 35 life insurance companies as customers.

    February 23
  • Vertis Inc., a Baltimore-based provider of targeted advertising, media and marketing services, today announced the results of its Customer Focus 2004: Insurance study, which reveals that some consumer audiences are willing to purchase dental, health and life insurance through resources other than an agent."With both life and dental insurance purchases, Generation X adults (28 - 39) were more willing than the average adult to consider utilizing the Internet, telephone or direct mail to initiate their policies," says Therese Mulvey, vice president, marketing research, at Vertis. "The results of the study show that Generation X adults are 10% more likely than the average adult to purchase life insurance and seven percent more likely to purchase dental insurance through channels other than the insurance agent."

    February 23
  • MasterCard Advisors(TM), a subsidiary of MasterCard International, today announced the acquisition of TowerGroup from Reuters. MasterCard Advisors is a global professional services organization, offering consulting, research, outsourcing and information products and services.

    February 20
  • Salt Lake City, Utah--Castle Data Services has signed an agreement with Allied Insurance Company, a member of Nationwide, to provide them with replacement cost data through the use of Castle's online replacement cost estimator.

    February 20
  • Exstream Software, Inc. today announced that Richard Troksa has joined the company as vice president of business development. Mr. Troksa brings to Exstream over 19 years of experience in development, strategic planning and marketing segmentation focusing on software and service solutions for the printing market. Troksa will help Exstream expand into new channels and vertical markets by developing and managing business partnerships, strategic alliances and independent software vendor (ISV) relationships. Exstream has developed an impressive number of strategic partnerships over the past several years that include IBM, Xerox, Hewlett Packard and Böwe Bell & Howell, and plan continued growth in this area.

    February 20
  • SAN RAMON, Calif.--ADP Claims Services Group, a leading provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced today Frontier Adjusters, Inc., a national provider of independent adjustment and appraisal services, has chosen PenPro as its auto appraisal software provider.

    February 19
  • ATLANTA, GA-- Knowlagent, the exclusive provider of software solutions that build best performers fast in customer service centers, announced today that its largest healthcare customer has rapidly and successfully deployed the Knowlagent Agent Performance Solution to thirteen call centers across the United States and offshore markets.

    February 18