Bermuda’s Endurance Specialty Holdings Ltd., announced the appointment of Gregor Bailar, the Chief Information Officer (CIO) for Capital One Financial Corporation, to its Board of Directors. Endurance noted that Bailar is “Capital One’s principal IT strategist, with responsibility for all …
More than one in four Americans say their financial information or personal information has been stolen, sometimes by someone they knew, according to a survey released this week. The study done for Experian, the credit rating agency, found that about …
Westfield Insurance’s Brady Polansky, CPCU, CIC, was recognized by Applied Systems Client Network (ASCnet), the user group of Applied Systems agency management system, for his industry wide contributions toward implementing real-time communication advancements for the independent agency systems. Polansky, who …
ACE European Group has expanded its e-commerce offerings to UK brokers with the launch of a Directors & Officers (D&O) product on the Acturis broker platform. “The auto-rated cover, specifically developed for UK private limited companies, went live at the …
The insurance industry is rapidly embracing Service-Oriented Architecture (SOA), as well as related Web services and standards, according to new TowerGroup research conducted in partnership with ACORD. The comprehensive industry survey was designed to gain an understanding of the readiness, …
Insurance and credit data supplier ChoicePoint said its signing of a strategic alliance agreement with insurance technology firm AMS Services will extend ChoicePoint’s capabilities for data sales to thousands of additional insurance agents and industry professionals nationwide. The agreement was …
India’s 3i Infotech, a provider of IT solutions, announced the launch of Premia Insurance Broking eXchange (IBX), which it described as “a subscription based Internet solution for the Indian insurance industry. “Premia IBX will provide a common pay-per-use platform where …
Gartner Consulting Worldwide and the Property Casualty Insurers Association of America (PCI) recently released a study showing that significant spending of information technology investments will better position insurers in the marketplace. The 31 PCI member insurance companies that participated in …
In what it called “a good step towards eradicating paper in the market,” Lloyd’s announced the implementation of “an electronic filing cabinet,” which has been launched “for handling Electronic Claims Files (ECF). It is now being made available to all …
The Main Street America Group is providing its homeowners policyholders with free identity theft resolution services should they fall victim to identity theft. The insurer is partnering with Identity Theft 911, a provider of identity theft resolution services and education. …
