Technology, Internet News

Vertafore Acquires Document Management Firm, ImageRight

Vertafore, Inc., a provider of software and services solutions to the insurance industry, has acquired ImageRight from Advanced Solutions Inc. Financial details of the transaction were not disclosed. The acquisition closed on April 5, 2007. ImageRight is an insurance-specific document …

New Online Calculator Helps Assess the Financial Cost of Data Theft

Darwin Professional Underwriters Inc., a specialty insurance company and provider of technology liability insurance coverage, has developed an online calculator that allows companies to estimate their financial risk from data theft. The Tech//404 Data Loss Cost Calculator provides companies, with …

Consumers Value ID Theft Prevention Over Financial Reimbursement

Consumers are more concerned with getting identity safeguards than financial loss reimbursement from online banks, a new study suggests. The study also reveals that that 9 out of 10 web users are willing to sacrifice convenience for stronger security protection …

Utica National Adds Automation Edge to Enhance Commercial Lines

Utica National is giving business owners and agents an edge —aCommercial EDGE, that is. Utica’s new product line and processing system for small- to mid-sized commercial business, Commercial EDGE promises custom-fit insurance protection plus new automation that lets agents rate …

RiskMeter Adds New Storm Surge Report to Online Hazard Lookup

CDS Business Mapping, LLC, which develops online hazard mapping, has added a new storm surge report to its RiskMeter Online real-time, natural hazard risk report service. The RiskMeter is used by underwriters and agents to automate property lookups. It performs …

Agents Group Updates Technology Site with Real-Time Features, Vendors, More

To help members explore and implement the myriad benefits of technology into their businesses, the Professional Insurance Agents of New York State, New Jersey, Connecticut and New Hampshire unveiled an updated PIA Technology Info Central, providing members with a one-stop …

Chubb Clears Up Confusion on Risk of Insuring Law Firm Blogs

The Chubb Group of Insurance Companies says it was recently the subject of some “confusing media reports about the company’s willingness to insure blogs” originated by law firms. According to James L. Rhyner, worldwide lawyers professional manager for Chubb Specialty …

Euclid’s BusinessWare Packages Liability for Service Professionals

Euclid Managers, LLC, an underwriting manager based in Kansas City, announced a new insurance product for service professionals. This new product, BusinessWare, packs a variety of professional liability coverages into one policy form. Some of the built-in protections include errors …

Intellectual Property Insurance Ups Available Limits to $5 Million

Intellectual Property Insurance Services Corp. (IPISC) now has policy limits available up to $5 million per claim and in the aggregate. This is an increase from available limits of $3 million. With new limits of $5 million, IPISC is now …

QuickQuote Under New Leadership

Ft. Lauderdale, Fla.-based QuickQuote Inc., a developer of insurance software, has begun a corporate restructuring. Mark Malis, founding partner and new company president, replaced Ira Saunders, who is no longer associated with the company. Malis is the original creator of …