Boston-based Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, announced the release of the RiskInsight® open, global platform for catastrophe risk management. The bulletin described RiskInsight has featuring “an open architecture that …
London-based Catlin Underwriting Agencies Limited, a unit of Catlin Group Limited, announced that it is studying how technological innovations could improve service to brokers and clients in the Lloyd’s market. As part of the project Catlin recently hosted an interactive …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced the launch of version 6 of ReMetrica – its dynamic financial analysis tool. The bulletin said it would “reduce model size by up to 95 percent, when …
A report by Swiss research company MyPrivateBanking concludes that while the “mobile app revolution” has reached the insurance industry, adoption of the popular technology is “still at a very early stage, showing patchy and inconsistent deployment.” The survey involved a …
Atlanta-based Ebix, Inc, a supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired London-based TriSystems Ltd., an online insurance trading hub that facilitates commercial insurance and reinsurance transactions between London intermediaries and insurance …
New research from Finaccord, the London-based market research consultancy specializing in financial services, concludes that “mobile operators worldwide are actively selling many types of insurance and assistance products to their customers although, in most cases, these initiatives are still being …
Insurance software company Applied Systems announced that Jeffrey D. Purdy has been appointed senior vice president and general manager of Applied Systems Canada. He is an Ontario native and a Canadian insurance industry veteran. Purdy will be responsible for Applied …
Xchanging, the UK-based business process and technology services provider and integrator, said it is “seeing radical benefits for firms employing Active Operations Management (AOM) to achieve operational excellence.” The bulletin explained that “AOM is transforming firm’s service operations management by …
Insurance software company Applied Systems announced plans to open a Canadian data center in the third quarter of 2012, in order to provide “additional data storage for the growing number of insurance brokers who choose online broker management systems and …
The improving performance in claims handling in the London market has been underscored with the introduction of Electronic Claims File 2 (ECF2), a suite of software products, developed by Xchanging on behalf of the London Market Group, which has now …
