Monthly Archives: <span>June 2000</span>

Agent Associations Bridge the GAP BetweenTradition and Technology

The IIAT and IIAA have the arduous task of integrating a century of traditional service with a new evolution of business and technology. And while many things are changing, much remains the same. For over 100 years, small insurance agents …

Calco Offers 24-hour Online Info.

The new web site for Calco Insurance Brokers & Agents, Inc., myCalco.com, is providing clients 24-hour access to most of their insurance information. “We created myCalco.com to make it easier for our clients to do business with us,” said Beau …

Esurance Adds Eight States

“This is a significant step in our efforts to offer affordable, quality auto insurance to the entire U.S. driving population,” said Jean-Bernard Duler, chairman and CEO of Esurance. “Our services offer consumers a convenient way to get quality auto insurance …

PricewaterhouseCoopers, PeopleSoft Forge ASP Initiative

Specifically, PricewaterhouseCoopers will provide PeopleSoft Internet application suites for Customer Relationship Management (CRM), eProcurement, Insurance Administration, Professional Services Automation (PSA), Financial Management and Human Resources Management Systems (HRMS). PricewaterhouseCoopers will offer its PeopleSoft ASP solutions to clients in the insurance, …

NetDetect Weighs Risk of Fraud at All Stages of Claims Lifecycle

Scheduled for release later this year, NetDetect scores claims for potential fraud — not just at first notice of loss — but throughout the claims lifecycle. The announcement was made at IASA 2000, the Insurance Accounting and Systems Association annual …

UltraLink To Merge With iBenefits

The new organization will provide a complete, web-based employee benefits management system including benefits enrollment and administration and health plan performance management. Web-enabled services such as annual premium negotiation; provider site matching; performance analysis; and communication, fulfillment and call center …

Survey Predicts Continued Market Hardening

The CIAB’s Commercial Insurance Markets Index survey found the most significant increases for medium-sized accounts-those generating between $25,000 and $100,000 in commissions and fees-with 87% of the respondents reporting that rates for such accounts had increased during the previous 90 …

InsWeb To Trim Staff, Revenues Expected To Fall Short

Reuters news service reported the company said it would cut 40 percent of its staff of more than 200 as it discontinues certain operations and consolidates its main businesses. Revenues for the second quarter are expected to be about $5 …

Japanese Insurers Feel The Squeeze

Japan’s leading life insurers are feeling the effects of increased competition due to deregulation and low Japanese interest rates, reporting falls in premium income and losses stemming from sluggish returns on investments. The most recent to succumb to the difficult …

EU Member Countries Approve “Safe Harbor” Pact

The agreement on data privacy between the U.S. and the EU reached last March took another step towards implementation when EU member countries approved the pact, despite objections from European consumer groups. The agreement, which took two years to negotiate, …