CORE SYSTEMS/Underwriting
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Nexilis’ Distribution Platform Selected by W.H. Greene and Associates to Drive Underwriting Transformation
Staff Writer | January 06, 2021
Commercial MGA to use Nexilis Distribution in the cloud to create efficiency and cost savings...
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Are You Addicted to Copy-and-Paste?
Bob Frady | December 16, 2020
Too many insurers adopt a copy-and-paste mentality when it comes to state filings. It's time to kick the habit, says HazardHub CEO Bob Frady...
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Next Insurance Acquires Juniper Labs
Staff Writer | December 14, 2020
The company's first acquisition will further innovation in workers' compensation and general liability product offerings through advanced machine...
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Orchid Insurance Partners with Betterview to Enhance CAT-Exposed Property Underwriting
Staff Writer | December 08, 2020
Orchid Insurance will leverage Betterview’s technology to build on its underwriting capabilities for commercial properties...
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Sapiens Releases New Version of IllustrationPro and ApplicationPro Modules for Life & Annuities Market
Staff Writer | December 08, 2020
Provides strong, digital, end-to-end experience and advanced self-sufficiency for agents and brokers...
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Sapiens, LifeScore Labs Team Up to Innovate Life Insurance Underwriting
Staff Writer | December 04, 2020
Partnership will bring machine learning models to life insurers' mortality risk assessment, boosting accuracy and reducing underwriting costs...
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MSO Partners with Athenium Analytics
Staff Writer | December 02, 2020
Insurtech provides software solutions that empower clients to manage and measure insurance risk and quality...
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Ask Kodiak Partners with CIP for Real-Time Appetite and EligibilityReal-Time Appetite and Eligibility
Staff Writer | December 02, 2020
CIP delivers a bolt-on efficiency solution through digital partnerships focused on lead acquisition, conversion, and risk appetite management...
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Majesco Supports Launch of HSB Total Cyber™ for Digital Distribution on Majesco CloudInsurer® in 16 Weeks
Staff Writer | November 10, 2020
MVP launch rapidly brings new & innovative products to the market...
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Convr Launches Convr Insider, Complimentary Underwriting Tool for Commercial P&C Carriers
Staff Writer | October 20, 2020
Using Convr Insider, commercial insurers can access insights on recent trends impacting a business, including COVID-19, supporting better underwriting...
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Sagicor Life Insurance Company and Vida Life Announce Partnership
Staff Writer | September 14, 2020
Partnership creates quality bi-lingual experience, allowing both companies to provide a new, innovative life insurance purchasing experience...
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Underwriting in 3D: Using Data to Adapt and Improve Life Insurance Sales
Denise Garth | August 28, 2020
Denise Garth of Majesco discusses how life insurers can leverage technology to transform the buyer experience into value-added protection at the point...
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CoverWallet Announces New Digital Insurance Package for Venture-Backed Startups
Staff Writer | August 04, 2020
Management liability package includes Directors & Officers, Employment Practices Liability, and Fiduciary coverage offered instantly online...
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Gig Worker Insurtech Buckle Gets $31 Million Series A Funding
Staff Writer | August 04, 2020
New model uses fresh sources of data to underwrite risks and fills gaps in conventional policies, while making insurance affordable, accessible for...
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MGA Foresight Selects Convr Underwriting Platform
Staff Writer | July 22, 2020
New workers' comp MGA selects Convr’s underwriting decision automation platform for underwriting quality, speed and efficiency...
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Majesco Enables United Educators Digital Transformation
Staff Writer | July 16, 2020
Operational innovation using embedded RPA reduces underwriting time to completion process...
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Policygenius, Brighthouse Financial Launch SimplySelect
Staff Writer | June 09, 2020
New product features convenient application process, streamlined underwriting...
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Zesty.ai Releases Property Change Detection Product Powered By AI
Staff Writer | November 19, 2019
Z-BOOK™ Improves Risk Assessment, Ensures Accurate Insurance Coverage, and Customer Safety by Monitoring Property Changes...
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Oxfam, Etherisc, and Aon Deliver Pay-Outs with First Blockchain-Based Agricultural Insurance Policies for Smallholder Farmers in Sri Lanka
Staff Writer | November 04, 2019
Oxfam in Sri Lanka, the organization working to alleviate poverty; Etherisc, the insurtech startup developing a protocol for decentralized insurance...
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Chisel AI Named as an IDC Innovator for Insurance Sales Automation Solutions
Staff Writer | October 16, 2019
Leading Analyst Firm Profiles Chisel AI with Four Other Companies Using Advanced Technologies to Enhance Insurance Sales Processes...
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Principal Financial Group Partners with EIS Group on Disability Insurance
Laura Mazzuca Toops | October 09, 2019
A new partnership with EIS Group will help Principal Financial Group® simplify the process of buying and servicing disability insurance...
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Selective Insurance Partners with DataCubes to Automate Intelligence Gathering and Increase Underwriting Productivity
Bill Sinn | June 11, 2019
DataCubes, a leading decision automation platform for commercial P&C underwriting, announced today that Selective Insurance Company of America, the...
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Stonetrust Commercial Insurance Selects Insurity’s Cloud-hosted ‘Workers’ CompXPress Suite’ to Improve Operations and Customer Experience
Bill Sinn | April 15, 2019
Insurity, Inc., announces that...
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Beazley US Launches New Small Commercial Package on DRC Policy Platform
Bill Sinn | April 04, 2019
Power and flexibility of DRC solutions accelerate program rollout and reduce time to market for new products...
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Insurers Embracing Machine Vision for Underwriting and Claims, Says Novarica
Bill Sinn | March 19, 2019
Novarica profiles 8 vendors of machine vision solutions...
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30% of Insurers Plan to Expand Use of Blended IT Staffing, Novarica Profiles 41 Vendor Solution Providers
Bill Sinn | March 12, 2019
IT services providers fulfill demands for modernization, innovation, and rare skill sets...
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Cyber Liability Market and Assessment Vendor Market Both Growing, Says Novarica
Bill Sinn | March 07, 2019
New report provides overview of 11 Cyber Risk Assessment solutions for insurers...
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DataCubes Achieving Exponential Growth, Set to Reach 70 Employees in 2019
Bill Sinn | February 26, 2019
Capping off a Period of Rapid Growth, DataCubes Expands Senior Leadership Team and Adds Glenn Cannon as VP Sales...
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RLI Selects DataCubes to Optimize Certain Underwriting Processes
Bill Sinn | February 14, 2019
Insurtech Startup to Help Specialty Insurer Improve Customer Experience and Productivity...
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Spinnaker Selects TigerEye to Support Underwriting Strategy
Staff Writer | August 14, 2017
Spinnaker announces that it has selected TigerRisk Partners’ TigerEye platform to structure its overarching corporate reinsurance portfolio...
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GWG Names Nodine to Lead Insurtech Division
Staff Writer | June 30, 2017
GWG Holdings, Inc., the parent company of GWG Life, announces that insurance technology expert Tom Nodine has joined as its executive vice president...
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Rearer Named CEO of Patriot Underwriters
Staff Writer | May 17, 2017
Patriot Underwriters (PUI), a subsidiary of Patriot National, announces the promotion of John Rearer to Chief Executive Officer...
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StoneRiver Releases Latest Version of LifeSuite Automated Underwriting
Staff Writer | February 08, 2017
StoneRiver announces the release of Version 9.0 of LifeSuite Automated Underwriting. The new version is available now and provides the latest set of...
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DropIn Raises Assessment Accuracy with HD Image Capture
Staff Writer | December 02, 2016
DropIn, Inc., a provider of live video and still image capture via drones and smartphones for the P&C insurance and automotive industries, announces...
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SAIF Selects Guidewire’s Policy, Billing Systems
Staff Writer | September 29, 2016
Guidewire Software announces SAIF Corporation, Oregon’s not-for-profit, state-chartered workers’ compensation insurance company, will be implementing...
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Adsensa Launches Business Application for North American P&C Market
Staff Writer | September 13, 2016
Adsensa announces the introduction of its Adsensa Submission Analysis offering, specifically designed for the North American P&C insurance market...
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Instec Expands into Underwriting with the Hiring of Pamplin
Staff Writer | August 26, 2016
Instec announces the hiring of Jason Pamplin to lead the development of a new underwriting system...
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As Risk Gets More Complex, Underwriting Roles Changing
Karen Pauli | August 16, 2016
The underwriting staff for an insurance carriers has a bright future. Roles are changing, however, like almost everything in insurance...
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Guidewire to Acquire FirstBest Systems
Staff Writer | August 04, 2016
Guidewire Software, a provider of software products to P&C insurers, and FirstBest Systems, a provider of an underwriting management system for P&C...
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Celent Report Looks at New Ingredients in Underwriting
Staff Writer | July 21, 2016
Celent has issued a new report on underwriting, Reinventing Underwriting: New Ingredients for the Secret Sauce...
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Novarica Survey Shows Areas of Investment for Commercial Lines Insurers
Staff Writer | July 20, 2016
Technology investments to support data initiatives are increasingly important as commercial lines insurers look to leverage data from a wider variety...
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Valen Underwriting Survey Shows Hesitancy from Carriers
Staff Writer | July 12, 2016
Valen Analytics announces the findings from their second annual underwriting analytics survey...
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FirstBest Partners with GhostDraft to Offer Custom Quotes, Proposals
Staff Writer | June 23, 2016
FirstBest Systems and GhostDraft announce a partnership that enables FirstBest customers to quickly and accurately produce custom quotes and proposal...
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Slice Labs Raises $3.9M Seed Funding for On-demand Solution
Staff Writer | March 29, 2016
Slice Labs Inc., an insurtech startup set to launch an on-demand insurance platform to support the on-demand economy, announces it has secured $3.9...
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QBE North America Selects the FirstBest Underwriting Management System
Staff Writer | November 10, 2015
FirstBest Systems announces that QBE North America has selected the FirstBest Underwriting Management System, agent portal, and data integration/...
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Canadian Insurer Picks Guidewire for Underwriting, Policy Management
Staff Writer | October 09, 2015
SSQauto, a Quebec direct insurer and Guidewire Software announce that SSQauto has successfully implemented Guidewire PolicyCenter as its new...
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Bass Underwriters Selects ClarionDoor's Cloud Rating Solution
Staff Writer | October 07, 2015
ClarionDoor announce Bass Underwriters has signed an agreement to license ClarionDoor’s Cloud Rater, which supports ISO rating content via ISO...
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Prepared Insurance Integrates Verisk Analytics Tool to Support Expansion
Staff Writer | October 07, 2015
Verisk Insurance Solutions announces that Prepared Insurance Company has integrated Verisk's underwriting analytics into its policy management system...
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Heritage Bundles Verisk's LOCATION Suite to Provide Risk Management
Staff Writer | October 02, 2015
Verisk Insurance Solutions announces that Heritage Property & Casualty Insurance Company is integrating the LOCATION suite of services into its...
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Global IQX Integrates Group Insurers’ Quoting, CRM Systems
Staff Writer | September 16, 2015
Global IQX unveiled an application that streamlines employee benefits insurers’ business processes by integrating sales management and underwriting...
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Valen Survey Shows Actuaries, Underwriters at Odds Over Pricing
Staff Writer | September 16, 2015
Valen Analytics announces findings from a survey confirming a long-standing internal conflict remains over pricing, spotlighting a fundamental issue...
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Basler Deploys Guidewire Systems for Underwriting, Billing
Staff Writer | September 09, 2015
Basler and Guidewire Software announce the successful implementation of Guidewire PolicyCenter as Basler’s new underwriting and policy administration...
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Atlas General Completes Implementation of FirstBest Underwriting System
Staff Writer | August 10, 2015
FirstBest Systems announces that Atlas General Insurance Services successfully completed the rapid implementation of the FirstBest Underwriting...
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Verisk Adds Hazard Scoring to Commercial Property Surveys
Staff Writer | August 10, 2015
Verisk Insurance Solutions announces that the Relative Hazard Percentile is now provided on all field surveys performed by the company...
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Drone Technology Soaring in Interest for Insurers
Karen Furtado | July 20, 2015
In early 2014 the first commercially available drone debuted in the consumer market. From the beginning, demand was phenomenal as both professionals...
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FirstBest Enhances Underwriting Analytics, Integration with New Release
Staff Writer | June 19, 2015
FirstBest Systems announces the release of FirstBest Suite 7.0 for property & casualty insurance...
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New Guidewire App Assists Underwriters
Staff Writer | May 18, 2015
Guidewire Software announces the availability of a new Guidewire Live app for insurance underwriters...
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Life and Specialty Ventures Selects Global IQX’s Sales and Underwriting System
Staff Writer | May 07, 2015
Life and Specialty Ventures, announces it has selected Global IQX’s Sales and Underwriting Workbench for underwriting, rating, illustrations and...
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Next Generation of Underwriting Comes Down to Five Concepts
Deb Smallwood | April 07, 2015
The benefits of next generation underwriting for complex risks are quantifiable and real. So when, where, and how do you start...
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Plugging the Underwriting Leaks
Michael P. Voelker | December 19, 2014
Because leakage can no longer be tolerated in a competitive market, commercial lines insurers are capitalizing on technology to increase underwriting...
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Capital Insurance Opts for Guidewire’s Policy Solution
Staff Writer | December 16, 2014
Capital Insurance Group and Guidewire Software, Inc., announce that the insurer has selected Guidewire PolicyCenter as its new underwriting and policy...
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American Access Casualty Goes Live on SpeedBuilder’s BindExpress
Staff Writer | September 03, 2014
SpeedBuilder Systems, Inc., announces that American Access Casualty Company (AACC) has gone live with the BindExpress Product Configurator, Rating...
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Technology Upgrade Makes it All Better
Robert Regis Hyle | August 26, 2014
Paul Zamora has been with ICW group for eight years, but he remembers well the inefficiencies he found when he arrived. Today, with continued...
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Commercial Lines Underwriters the Multi-Taskers of Insurance
Robert Regis Hyle | August 11, 2014
Is the commercial lines arena the last great frontier for underwriting? Commercial lines has been the domain of carriers that has remained resistant...
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StoneRiver Survey Reports Low Adoption of Point-of-Sale Decisioning
Staff Writer | August 11, 2014
In March, StoneRiver surveyed life carriers in the U.S. to determine the current level of point-of-sale decisioning (POSD) implementation across...
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Competitive Factors Increase Challenge of Florida Underwriters
Robert Regis Hyle | July 21, 2014
Insuring your property is one of the largest annual expenditures that American homeowners face and like most bills, it’s not pleasant for them...
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Life Insurer Selects Global IQX Solution for their Group Benefits System
Staff Writer | June 04, 2014
Global IQX announces that The Co-operators Life Insurance Company had selected its platform for underwriting, rating, illustrations and reports for...
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LexisNexis Solution Predicts Commercial Auto Scores
Staff Writer | May 06, 2014
LexisNexis Risk Solutions announces the availability of LexisNexis Attract for commercial auto underwriting, a proprietary predictive analytics model...
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Memories of Manual Rating
Karlyn Carnahan | May 05, 2014
Once upon a time, long ago when I was an underwriter, we manually rated risks—yes, on a napkin—and quoted them over the phone. Risk assessment was...
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StoneRiver Enhances Automated Underwriting System
Staff Writer | May 01, 2014
StoneRiver, Inc. announces the introduction of the enhanced version 7.5 of LifeSuite, its automated underwriting system. The new version provides the...
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Verisk Launches Mobile App for Vehicle Inspections
Staff Writer | April 29, 2014
Verisk Insurance Solutions – Underwriting announces the availability of RISK:check Virtual Inspector, a mobile application designed to improve the...
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Global IQX Releases Latest Employee Benefits Software
Staff Writer | April 08, 2014
Global IQX introduced version 4.6 of its software platform, incorporating many enhancements to its IQX Underwriting Workbench for employee benefits...
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SMA Study Highlights Differences in Commercial Lines Risks
Staff Writer | March 18, 2014
Strategy Meets Action has released a new research report, State of Commercial Markets Underwriting Automation that focuses on findings related to all...
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INSURANCE IT NEWS
- SIMON Adds Brighthouse Financial to Annuities Platform
- EIS Partners With esure Group to Expedite Its Digital Transformation
- Carpe Data Partners with Unqork to Help P/C Insurers Improve Automation
- Vertafore and Nationwide Partner on Commercial Submissions to Improve Market Connectivity
- Next Insurance to Acquire AP Intego
- Buckle Adds Crash Risk Data from TNEDICCA to Auto Insurance Underwriting
- Donegal Selects CoreLogic’s P&C Claims Workflow and Management Solution
- Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America
ELECTRONIC CHAT
The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.
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Electronic Chat with Michael Kassing, CEO/CVO, insured.io
Laura Mazzuca Toops
A former combat medic with an MGA background, he brings a unique perspective to insurtech... READ MORE
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BLOGS AND COLUMNS
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An Entirely Preventable Disaster
Bob Frady
Even the best risk models can’t take into account major system failures... READ MORE
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Flipping the Fraud Triangle
Jeffrey Cirino
Identifying pressure and rationalization early on helps eliminate opportunity -- the key to committing fraud... READ MORE
only online
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Down Market Opportunities Beckon Benefits Insurers
You have surely heard it said that small businesses are the growth engine for America. Today, the phrase has a special ring to it for benefits... READ MORE
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Technology at the Heart of Change in Insurance
With stagnant growth and lingering low interest rates, the life insurance industry faces a challenging future... READ MORE
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Got Policies? IVANS Service Helps Feed Commercial Lines Producers
Finding insurance carriers willing to write commercial lines risks has always been a challenge for producers... READ MORE
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Technology Changes Coming Faster than Ever for Insurers
As Guidewire Software prepares for the start of Connections, its 11th annual user conference that begins on Nov. 2, Brian Desmond, chief marketing... READ MORE
Vendor Views
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COVID-19 One Year Later: The Digital Transformation of Insurance
COVID-19 has accelerated digital adoption, especially in the areas of claims adjustment and fraud prevention... READ MORE
- Vendor Views
Partner News
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Big Data and Insurtech: A Carrier Perspective
Insurance has always relied on large volumes of data to gauge customer behavior and more. But as big data has gotten bigger, insurtech has empowered... READ MORE
- Partner News