Technology, Internet News

Lloyd’s Stresses Commitment to Goals of Three-year Plan

In his introduction to the latest progress report on Lloyd’s three-year plan, CEO Richard Ward noted that the current version “builds on the 2006-2008 plan issued in January. It includes our vision and priorities through to 2009, and an update …

U.S. Needs Federal Data Security Law Now, Says Cybersecurity Group

A coalition of data security firms has renewed its call for Congress to protect personal information in cyberspace and help Americans trying to deal witht he risk on their own. The businesses warn that the decline in consumer confidence in …

Darwin Expands Data Security Coverage for Health Care Firms

Specialty insurance underwriter Darwin Professional Underwriters, Inc., is expanding its Tech//404 liability product for health care organizations in response to increasing exposure to network security and data privacy losses. According to Darwin, Tech//404 for health care organizations is the first …

Firm Boosts Insurance Agency Web Sites on Google, Yahoo

I-Marketing Management has launched a search engine optimization service to help improve the placement of agency and broker Web sites on popular online search engines such as Google and Yahoo. According to Laurie Donohue, executive director of I-Marketing Management, a …

New Rules Require Businesses to Keep Better Tabs on e-Documents

Companies that help businesses track and search their e-mails and other electronic data are experiencing a surge of interest in the wake of federal rule changes that clarify requirements to produce such evidence in lawsuits. Roger Matus, chief executive of …

Island Is First Municipality in S.C. to Adopt Data Security Plan

If a hurricane strikes or other disaster hits South Carolina, the Isle of Palms has assured its computer data will be safe and easily recovered, officials say. The barrier island is the first municipality in the state to use a …

Lloyd’s Claims Specialists Heed CEO’s Call for Electronic Processing

A number of Lloyd’s leading claims experts have come out in support of CEO Richard Ward’s call for the London market to start processing claims electronically as soon as possible. An article on the Lloyd’s Website (www.lloyds.com) notes that, “during …

Ward Calls on London Market to ‘Get Back to Basics’

In a speech to the annual Xchanging sponsored conference in Brighton, Lloyd’s chief executive Richard Ward said the London insurance market must “get back to basics” and provide a first class service to customers – or face the consequences. In …

Guy Carp/Amlin Announce First Full Paperless Electronic Claims Settlement

Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies, and Amlin, a leading Lloyd’s insurer, announced that they have successfully implemented their Electronic Claims File (ECF) initiatives in the London Market. The bulletin described the …

3 Chinese Insurers Implement NeoMedia’s Mobile Technology

Florida-based NeoMedia Technologies, Inc. announced that three major insurance companies in China have signed agreements to use its patented direct-to-mobile-web qode® technology. Alltrust Insurance Company of China Ltd., headquartered in Shanghai, Hua An Insurance (Sinosafe Insurance) Co. Ltd., headquarter in …