Allstate reports that it is the first U.S. company to use a new digital disbursement method available through partnership with Bank of America Merrill Lynch.
The controls and auditability offered by iWork Prophet GI aim to reduce the risk of hard-to-trace errors entering into the modeling process, letting risk managers can spend less time dealing with process issues and more time assessing results in which they have greater confidence.
Additional enhancements to V 6.2 include optimized user experience, greater configurability of billing rules, improved single event/multiple claim management and Enhanced commission strategy and plan management.
The Solution Builder tool, which enables quick identification of suitable options for a client’s budget and needs, will be available to all advisor firms late in the second quarter of 2015.
Solution combination designed to enable carriers or agents to rapidly go live with fully digital customer communications and transaction capabilities.
The potential benefits of ASSI’s process, if applied across the U.S. market could reach $10 billion, without considering customer satisfaction and retention, according to ISG. ASSI’s current clients represent an 80 percent share of the Canadian auto insurance market.
Insurance technology veteran’s appointment the latest in a series of strategic hires, acquisitions and mergers.
The agreement expands on an existing relationship aimed at serving P&C insurers using Innovation Group’s Innovation Insurer core system suite.
The Hartford based diversified healthcare benefits company chose HealthRules , for its ability to provide flexible product and benefit designs, network configurations and real-time claims processing.
The former Wellmark CIO succeeds Rick Roy, who is retiring, as head of CUNA Mutual’s information technology organization.