The Applied Systems Client Network (ASCnet), an industry trade association representing more than 80,000 insurance professionals worldwide, which has recognized Fremont Michigan InsuraCorp Inc. with two awards, the “Applied Systems Interface” award and the “Adoption – Real Time” award. Each …
Lloyd’s announced that it has joined with brokers Marsh, Cooper Gay and RK Harrison Group in a trial to test the use of iPads in its underwriting room. The trial is set to commence in early September. Lloyd’s and the …
Chartis is expanding Specialty Risk Protector, its professional liability and data network security insurance coverage developed by its Executive Liability division, to give customers access to additional protection for critical network security and privacy risks, greater flexibility in managing data …
Lloyd’s electronic Exchange has been in development for nearly two years, but it’s now increasingly a tool in more general use. A bulletin on the Lloyd’s web site (www.lloyds.com) states that the Exchange is already “seeing encouraging results, but the …
The evolution of software and electronics for medical devices and the transferring of electronic personal identity records is creating a new combination of risks in the medical technology industry. To address these risks, Travelers has introduced MedFirst – a combination …
New York’s face-recognition technology has led to 100 arrests over six months, ranging from people trying to defraud insurance companies to a mob hit man who sought a new identity a day after he was released from prison, Gov. David …
Two insurance technology firms– BIPT, Inc. and Focus Technologies, LLC– have announced plans to merge. Under the terms of the transaction, BIPT will be acquired by Focus Technologies and the managing principals of BIPT will become partners in Focus Technologies. …
Ironshore Inc.’s aviation division has entered a treaty reinsurance program with the Starr Group to provide protection against commercial satellite risk. The global space insurance program provides coverages for satellite Launch Insurance and In-Orbit Insurance underwritten through Starr Space. Ironshore …
Aon Benfield announced the launch of ImpactOnDemandSM , which it described as a “new generation of its flagship risk management tools, which continue to allow insurers to visualize, quantify and connect their exposures to catastrophic events. Insurers can upload their …
Insurance broker Marsh has unveiled a real-time, on-demand industry benchmark reporting service available to its clients and prospects. Available through Marsh’s Global Benchmarking Portal, the new service provides clients with real-time benchmarking analytics on purchasing and pricing trends in the …
