Technology, Internet News

Insurers Have Work to Do on Own Business Continuity Plans

Insurance carriers recognize the need for having a business continuity plan in place, according to a survey recently conducted by IVANS, however, much work still needs to be done in the area of disaster recovery to be completely prepared. According …

Xchanging Completes Heath Lambert Data Processing System

After years of trying to integrate modern electronic processing, the London market seems to have finally turned the corner. Following the announcement from RI3K on Monday abouts its new V3 system (see IJ Website Sept. 11), Xchanging the London-based business …

AOL to Offer AIG’s ID Theft, Computer Coverage to Subscribers for Free

Free insurance coverage for identity theft and computer damage is among the premium security offerings AOL is making available to its dwindling base of paying subscribers. The move follows last month’s decision to give away AOL.com e-mail accounts, software and …

RI3K’s New ‘V3’ Trading System Promises Revolution in Processing

London-based RI3K announced a new innovative processing system for Lloyd’s and the London market that could revolutionize the way policies are produced. The new “V3” system replaces RI3K’s current trading platform, and will be rolled out in time to handle …

AIR Expands Indian Office

Boston-based AIR Worldwide Corporation will move to new office facilities in Hyderabad, India that will enable the continued growth of the company. “AIR Information Technology (AIT), a subsidiary of AIR, has doubled its office space to accommodate a significant planned …

Montgomery Insurance Rolls Out Streamlined Commercial Pricing

Appointed agents of Montgomery Insurance, a member of Liberty Mutual Group, can now get faster and more precise quotes with the implementation this month of the Commercial IQ SmartRisk underwriting and pricing system for business owners’ policies (BOP). The company …

SyMplify Launches OneApp for Agents

Brentwood, Tenn.-based SyMplify Technologies, a division of Sy.Med Development, Inc., has launched a new software solution, OneApp Agency, designed specifically for the unique needs of insurance agents and brokers. OneApp Agency is a software solution that streamlines and enhances agency …

Another Federal Laptop Stolen: Motor Carrier Licenses May Be At Risk

A laptop that might contain personally identifiable information on 193 people who have commercial driver’s licenses was stolen in Baltimore this week, transportation officials said Friday. The Federal Motor Carrier Safety Administration, part of the Department of Transportation, said a …

Insurers Failing To Hit ROI for IT Projects, Survey Says

While insurers are increasingly embracing the use of return on investment (ROI) to measure the success and failure of IT projects, many are failing to meet their own targets, according to a new survey released by SunGard’s iWORKS business unit. …

Warning: Employers Face Liability for Workers’ High-Tech Addiction

Taking your Blackberry on vacation with you? Or to the kids’ soccer game? How about the business cell phone? Technology keeps workers connected 24/7. If that sounds like an employer’s dream come true, think again: according to a Rutgers University …