Lockton announced that is launching a unique set of risk management services to help companies address outsourcing risk and corporate response plans for data breaches. “These services are supported by leading cyber insurance underwriters at Lloyd’s–ACE Global Markets, Brit Syndicates …
Brownyard Group, a program administrator providing specialized insurance coverage for select industry groups, has launched new customized web-based tools for the firm’s agents and brokers to help enhance sales. The new online system called Customized Agency Sales Tools (CAST), is …
An article on the Lloyd’s web site (www.lloyds.com) discusses plans by the International Underwriting Association for making claims payment a top priority for 2009. The IUA aims to double the number of new claims processed electronically by member companies by …
The Lloyd’s Exchange pilot initiative (See IJ web site – https://www.insurancejournal.com/news/international/2009/01/13/96927.htm] was formally introduced on Thursday to the general approval of all concerned. IBM has been chosen – to no one’s great surprise – to set up the system. Lloyd’s …
Lloyd’s announced that it has selected IBM to deliver the Lloyd’s Exchange pilot. “The Exchange will allow market participants to transfer risk information to each other using electronic messaging standards,” said Lloyd’s. “This will remove the need to maintain multiple …
Toyota said last week that it plans to roll out new safety and driver-assist programs on certain Toyota and Lexus models beginning late this summer. That marks the first major competition for Detroit-based General Motors’ OnStar service since it started …
Retail insurance agents and wholesale brokers are working on a plan to streamline how they do business together including improving electronic applications, electronic interfaces between the parties, and general agent Web site functionality. The Independent Agents & Brokers of America’s …
Summit, a provider of workers’ compensation insurance services in the southeastern states, has released web-based WriteNow Risk Eligibility Tool, a complementary feature to the company’s WriteNow Online Quoting Service. The WriteNow Risk Eligibility Tool allows insurance agency staff to determine …
The U.S. government needs a more comprehensive plan for studying the risks of nanotechnology, the National Research Council said. While the committee that prepared the report did not evaluate the safety of nanomaterials, it was critical of current research efforts …
Applied Systems Epic enters the insurance-selling and -servicing marketplace today, offering agents and brokers the automated system they asked for to do business now and in the future. Insurance technology company Applied Systems Inc. introduced a new agency management system, …
