The new Bosphorus Catastrophe Bond closed August 17, 2015 and transfers $100 million of catastrophic earthquake risk to the capital markets.
Ralston brings an extensive technology, data and analytics background to ISCS, including roles as assistant VP of data management for Infinity Insurance, regional solution architect at HP), and chief architect at ComFrame Software.
The study finds a significant gap in demand for commercial Usage-Based Insurance and current enrollment rates, which indicates a proportionate opportunity for insurers to raise awareness and drive adoption.
Another step closer to its strategy of providing a one-stop shop for risk management services, Patriot can now offer pre-employment screening, which has become a mandatory requirement for employers in managing upfront employment risk.
TransGuard Insurance Company of America and Occidental Fire & Casualty Company of North Carolina sought to improve their internal processes and ease of doing business for independent agents, while also delivering a better experience to the customer experience.
The Social Business Maturity Model provides a quantitative metric for companies with large distribution teams to measure how well their enterprise social business programs are doing and how they rank relative to their peers and industry averages.
Users of the Suite can now store and report on all aspects of their relationship with their producers, including a wide range of commission options, storage and control of licenses, errors & omissions policies, appointment letters/contracts, market notes and documents.
Program manager Total Program Management was able to ramp up a quote, bind and rate solution based on Instec Quicksolver and MIS’s BPO and technology outsourcing services within a month.
The contract shows Allstate’s response to multiple industry trends, including the emergence of insurers as service providers and the implications of the sharing economy for auto insurance.
The vendor characterizes the launch as a first step in the integration of the portfolio of solutions between Cover-All Technologies and Majesco following their merger.