International broker Lockton announced that its London operations have “commenced trading with e-Accounts, the initiative which enhances the electronic submission of accounting entries by brokers to support global business.” Lockton’s Property and Aviation division partnered with Xchanging to successfully test …
Catastrophe risk modeling firm AIR Worldwide (AIR) has updated its terrorism model for the United States to reflect less frequent and lower-severity attacks based on a reassessment of the threat by a team of terrorism experts. The model is used …
Thomas Alva Edison would have been glowing had he been at the “Technology Issues in the U.S. & U.K.” panel discussion at the annual National Association of Surplus Lines Offices (NAPSLO) conference in San Diego on Wednesday. The panel was …
Euclid Managers, LLC, an underwriting manager and claim administrator for internet, tech, media, manufacturing and miscellaneous professional liability, has added more coverage for Internet and tech companies via a new approach. The coverage approach aggregates a collection of first-party and …
The London-based operations of XL Group plc and Willis Limited, the principal UK broking company of global insurance broker Willis Group Holdings plc, announced the successful launch of a “full electronic accounting process between the two companies, using the new …
Property/casualty insurance companies plan to invest in technology for underwriting, policy administration, consumer portals, predictive analytics/business intelligence and mobility/virtualization. Those are the top five technology priorities for carriers, according to the IVANS 2011 Carrier Automation Trends study. The survey found …
Insurance agency technology vendor Vertafore said that its subsidiary Sircon will acquire Indianapolis, Indiana-based Kaplan Compliance Solutions (KCS), which sells insurance and securities software and services. Terms of the transaction were not disclosed. KCS, an operating unit of Kaplan University’s …
In preparation for a new triple-x Internet domain that will launch in December, lawyers for the most storied brands in the United States are scrambling to prevent an x-rated rip-off of an invaluable asset: corporate Web addresses. The domain operator …
Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance broking group, has appointed Brent Kruger as its first group chief information officer. He is based in London and will lead all of the group’s IT initiatives for its …
Western World Insurance Group has launched a new mobile website for its Western World Integrated Platform (WWIP) program. The original WWIP was introduced in 2010. The new Western World platform has the ability to rate, quote, and bind on iPads …
