The London Market Group (LMG) has announced that the electronic endorsements pilot is “moving into the next phase.” The LMG said “100 percent of Managing Agents, all of which are connecting via the Exchange, 26 Company Market insurers and 15 …
MAPFRE GLOBAL RISKS announced from its headquarters in Madrid, that it has launched its new website www.mapfreglobalrisks.com “in order to bring closer to its clients, brokers and service companies, its corporate philosophy and its business solutions to clients, brokers and …
OneBeacon Technology Group announced enhancements to its @vantage for Information Technology product designed for hardware, software and telecommunications companies. Two primary coverage areas have been broadened to recognize the continually emerging risks technology firms face today. With OneBeacon’s data privacy …
Independent agents and brokers want more carriers to offer real-time functionality, according to a new industry survey. Agents believe those carriers will deliver the greatest benefit in making real time the predominant workflow in their agencies. Participants from every state, …
The Princeton NJ-based Catastrophe Risk Exchange (CATEX) and London-based TriSystems, both providers of technology platform and services to the global insurance and reinsurance industries, announced a strategic partnership “to deliver a full end-to-end solution for bordereau formatting, processing and reporting. …
A leading insurance agency technology vendor says that real time transactions by independent agencies using its systems have skyrocketed 56 percent so far in 2010 over last year. Vertafore reported that its agent-carrier connectivity products, TransactNOW, PL Rating and Sircon, …
Three Wall Street banks suffered a legal setback when a federal appeals court in New York put on hold a ban on financial news service Theflyonthewall.com Inc. from quickly reporting “hot news” about their analysts’ research. The ruling by the …
The Hanover Insurance Group, Inc. has partnered with Identity Theft 911, an identity theft management and data-breach response service. The arrangement will enable The Hanover’s agents to provide their mid-size business customers with protection against data breaches and identity theft …
American consumers look more frequently to the web and interactive promotions when making purchasing decisions for insurance, according to a new survey. The survey — 2010 Insurance Customer Interactive Media Usage Survey conducted by AIS Media Inc. — queried the …
Aon Benfield announced that it is utilizing its “groundbreaking FAConnect placement platform to respond to client demand for expanded Chile earthquake capacity.” The system opens the way for Aon’s clients to access up to $ 50 million in coverage for …
