Policy adminstration

Bryn Mawr, Pa. — The American College, an 80-year-old non-profit educational institution, announced the election of nine new senior financial industry leaders to its Board of Trustees. They are:

Norwalk, Conn. – Xerox Corp.’s Production Systems Group named Solimar Systems Inc. Service/Support 2007 Business Partner of the Year, the company reports. The award was presented at Xerox’s annual partner conference in California on February 13th. Xerox’s Production Systems Group, which operates the company’s high-end production publishing and printing business, recognized 17 partner firms for superior digital workflow software and finishing solutions.

Because the invoice is an opportunity to renew contact with a policyholder and demonstrate excellence in customer service, new attention is being paid to the technology behind the opportunity.

Orlando, Fla. – Guinness Book of World Records this week recorded a document scan that measured just less than three quarters of a mile long at the 2008 Annual HIMSS Conference & Exhibition, the healthcare IT industry’s largest annual event. The record-setting uninterrupted scan, of a fetal monitor event, measured 3,875 feet and lasted one hour, 17 minutes and 22 seconds. Bowe Bell + Howell (BBH), Durham, N.C., employees used the Trūper 3600 low-volume production scanner to process the extra-long document.

New York — Marsh & McLennan Cos. Inc. (MMC) announced a change in leadership at its Guy Carpenter & Co. LLC reinsurance services subsidiary.

Armonk, N.Y. – Touting its energy efficiency, IBM Corp. has unveiled its System z10 mainframe. The Armonk, N.Y.-based company says the z10 was designed to increase data center efficiency by significantly improving performance and reducing power consumption, cooling costs and floor space requirements.

St. Louis — Wells Fargo Insurance Services Inc., a Chicago-based, bank-owned insurance brokerage, and a subsidiary of Wells Fargo & Co., acquired St. Louis-based Insurance Brokers of America (IBA).

Replacing manual processes with network technology, carriers grow producer channels and accelerate time to revenue.

Carriers are taking steps to modernize their claims processing systems and better integrate technologies with existing systems.

Technology pioneer Bill Lowe says insurers can reap many benefits by opting for a hosted infrastructure.

Despite its ability to change the face of a company's IT infrastructure, the best approach to SOA implementation is incremental.

Instead of adding hardware to solve a file transfer problem, the AEGON chose a diagnostic software solution.

Mashup applications, which enable divergent data sources, business processes and applications to be combined and streamlined, are on the rise and poised to change the insurance IT landscape.

Mayfield Village, Ohio – Progressive is improving upon its truck insurance program with the addition of cargo and general liability coverage, the company reports.

Westlake Village, Calif. — The American Association for Long-Term Care Insurance recognized the nation's top-100 long-term care insurance producers this week at the 2008 National LTCi Producers Summit held at the Omni Hotel in Atlanta. Nearly 600 leading producers and marketers were in attendance at the Association's seventh national conference for members, the group reports.

After years of insurers pushing ePrescribing adoption, recent survey results show physicians may be more amenable to the idea.

New York — The latest study from New York-based Simon-Kucher & Partners, "Managerial Perspectives: Time for a Change! How Insurers Waste Profits due to Lack of Market Excellence," questioned 1,500 insurance executives in the United States about the management perspectives considered to be most important as well as those most frequently used in the industry.

State College, Pa. — Optical Image Technology Inc., (OIT) announced the appointment of Greg Cook from Michigan Millers Mutual Insurance Co. as the new co-convener of OIT's Technical Advisory Panel (TAP). TAP is comprised of 20 current customers from a variety of industries as well as technology partners who share market insight, exchange knowledge and ideas, and provide suggestions for enhancing DocFinity products and services to designated OIT staff. Two seasoned DocFinity users also are joining TAP, and will broaden the knowledge base of the advisory group. The leaders and members were elected by the panel members late in 2007.

New York – Ted Mathas was named CEO-elect by the board of directors of New York Life Insurance Co. He will succeed Sy Sternberg, who has been CEO for more than a decade, upon Sternberg’s retirement on June 30, 2008. Beginning July 1, Sternberg will remain chairman of the board of directors in a non-executive capacity, for a transition period.

Frisco, Texas — Skywire Software, a global provider of software and services to the insurance, financial services and legal and professional services industries, announced Carrie Kirby as VP, HR and chief people officer.