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  • SunGard Sherwood Systems, an operating unit of SunGard today announced that Wawanesa Mutual Insurance Company, one of the largest property and casualty insurers in Canada, has licensed SunGard's FrontTier solution to replace its existing legacy policy, billing, workflow and claims systems.

    April 19
  • S2, a new service offering from CBC National Inc., Saddle River, N.J., and ARI (Automotive Resources International), Mt. Laurel, N.J., was launched as part of a strategic partnership between the two subrogation recovery and salvage/remarketing industry players. According to the companies, the new venture was built on the premise that no company should let money slip through its fingers.Responding to the needs of the insurance industry, the rental car industry, and a variety of other self-insured and government entities, S2 provides clients with aggressive subrogation resale services that are designed to positively impact their bottom line.

    April 15
  • SIMSBURY, Conn. -- The Hartford Financial Services Group, Inc. today announced that Internet-based self- service reporting is now available nationwide to its group life and disability insurance customers, providing them immediate online access to standard reports that help them monitor and manage their group benefits plans.

    April 14
  • ATLANTA-- Digital Insurance Inc. announced it has signed agreements with five additional employee benefits brokers to enhance the level of day-to-day service and product sales for a portion of their small group benefits business.

    April 14
  • IVANS Inc., a Greenwich, Conn.-based provider of networking services for the insurance and healthcare industries is offering a new wireless fidelity solution (Wi-Fi) for insurance carriers that can significantly speed their ability to remotely process claims and improve customer service. The new Wi-Fi service is offered through IVANS business partner, AT&T.As the demand for Wi-Fi technology increases, so does the need for low-cost flexible solutions. According to data provided by The Yankee Group, a communications and networking research and consulting firm based in Boston, 14% of U.S. companies plan to implement the technology within the next twelve months, and another 14% plan to follow suit in the next two years. A recent IVANS study of large and mid-sized insurance carriers indicates that only 27.9% are currently using Wi-Fi technology to allow remote access to their systems by employees, highlighting the growth potential for Wi-Fi technology.

    April 13
  • Results International Systems (RIS) will provide an end-to-end, Web-enabled policy processing system Partners Mutual Insurance Co.'s personal and commercial lines of business. The RIS solution will deliver a policy processing system with integration to claims, billing, rating and form printing. RIS will provide the hardware, software, systems personnel, systems security, back-up and disaster recovery.

    April 12
  • SUNNYVALE, Calif.-- Vitria, a leading provider of business process integration solutions, today announced that Premera Blue Cross, a Blue Cross Blue Shield Association independent licensee for Washington state and Alaska, has selected Vitria's Healthcare Solutions as the integration infrastructure to simplify, streamline and automate its transaction management processes.

    April 9
  • AMSTERDAM and MILAN--Accenture has signed an agreement to acquire Nomos Sistema, a leading provider of life insurance administration and product management software systems in Italy. Terms of the deal were not disclosed.

    April 8
  • Toronto, Canada--DWL, a provider of Enterprise Business Services software, today announced that Empire Financial Group has launched phase two of groupweb - an initiative to achieve proven cost reduction with web-based self-servicing capabilities for group business. Following on the success of Empire's initial implementation of DWL InsuranceT for Group Life and Health, which provides a password protected site for electronic plan administration, phase two of the project now adds full update and enrollment capability in real-time, using version 3.0 of DWL Insurance for Group Life & Health.

    April 7
  • TORONTO, April 6, 2004 - SOLCORP, a leading provider of software solutions to the life insurance and financial industries and a subsidiary of EDS, announced today that it is co-sponsoring a global insurance survey in conjunction with partner companies Whitehill Technologies and DSPA Software.

    April 6
  • Miami, FL-- SunGard Insurance Systems, an operating group of SunGard, announced today the SunGard VIP sales illustration system has been awarded the Designed for Windows XP logo certification. This certification is a result of a long-standing technology affiliation between SunGard Insurance Systems and Microsoft, further strengthening the Microsoft Gold Certified Partner relationship recognized for many years. SunGard VIP clients running on Windows XP can realize benefits such as greater application stability and efficiency; as well as, the assurance that the SunGard VIP system will be fully functional in later versions of Windows.

    April 6
  • WebMD Corp., Elmwood, N.J., has entered into a definitive agreement to acquire Dakota Imaging, Inc., a privately held provider of automated healthcare claims processing technology and business process outsourcing (BPO) services.Dakota's scalable software and BPO services provide automation for mailroom, document processing, scanning, data capture, data scrubbing, automated workflow and online secure document management. Dakota's solutions can reduce costs associated with manual processing of healthcare documents and increase auto-adjudication and auto-payment of medical claims through advanced data scrubbing.

    April 6
  • The insurance industry's response to fast-changing regulatory and corporate governance demands is characterized by a primary reliance on manual processes and ad-hoc measures, according to survey conducted by ILOG, a Mountain View, Calif.-based business rules software vendor, and Pearl River, N.Y.-based ACORD.Although specially appointed compliance officers generally have been assigned to manage the impact of regulatory demands, the survey reveals the industry is failing to fully embrace the high business value of information technology when addressing regulatory requirements such as HIPAA and corporate governance demands driven by mandates such as the Sarbanes-Oxley Act.

    April 6
  • Insurity Inc., a ChoicePoint company, today announced that Georgia Casualty & Surety, a wholly-owned subsidiary of Atlantic American, has selected Insurity's Commercial Intellisys property/casualty policy processing services and software. A complete Web-based rating, intelligent underwriting and electronic issuance platform is being deployed across 11 states for workers' compensation, commercial business auto, general liability, commercial package and umbrella policies.

    April 5
  • OLDSMAR, Fla. -- eAutoclaims today announced that it has secured a two-year contract with Michigan Millers Mutual Insurance Company. eAutoclaims will provide its national network of body shops and independent appraisers (IA) to process Michigan Millers' automobile and commercial heavy equipment physical damage claims.

    April 2
  • Nearly half of the top 200 U.S. insurance carriers are using offshore services, according to Celent Communications Inc., Boston. Among the carriers working with outsourcing firms that provide at least some offshore services are: Guardian Life, Manulife, Sun Life, Fireman's Fund, Farmer's Insurance Group, Allmerica, PacifiCare Health Systems, Abbey Life and Royal & Sun Alliance.But try to get an insurance executive to talk about outsourcing these days--especially offshore outsourcing--and you won't find many takers. Several large insurance carriers declined to be interviewed for this article. And, at a recent Insurance Networking News outsourcing conference in Tampa, Fla., several IT managers from smaller insurance companies said they did not want their employees to know they were attending.

    April 1
  • It's been said: People don't mind changing; they just don't like being changed. And that's a fundamental principle underlying the practice of organizational change management--a practice that can mean the difference between success and failure when implementing new technology."When change management is used successfully-when there's a clear definition up-front about what the objectives are and those objectives tie back to the right business goals-the projects I've worked on have had 100% success," says William Speir Jr., change management portfolio manager at Hartford Technology Services Co. (HTSC), a subsidiary of Hartford, Conn.-based The Hartford Financial Services Group.

    April 1
  • Writing this month's cover story was more challenging than usual. Few insurance executives wanted to talk about offshore outsourcing-at least not "on the record." That's because the topic is incredibly sensitive these days."My staff doesn't know I'm here," one IT manager told me at the Outsourcing Forum hosted by this magazine in Tampa in February. Another attendee announced that protesters were picketing at another outsourcing conference taking place in Orlando that same week.

    April 1
  • Like many of its mid-size insurer counterparts, Indiana Farm Bureau Insurance Co. understands that overhauling legacy information systems is a costly proposition. As a result, the carrier continues to conduct business from multiple and disparate systems.But what if an insurer could eschew the high cost of a comprehensive systems conversion and reap the operational benefits of an effective but less-expensive alternative?

    April 1
  • COLUMBIA, S.C. -- Indiana Farmers Mutual Insurance Company has signed contracts to implement AcroSoft's Insurance Content Management solution. The initial implementation will include the AS Docs System together with its ad-hoc workflow capability and web application interface, which lets agents and adjusters access their company's document repository via the Internet.

    March 26