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News & Commentary
Content tagged with Management Strategies posted in June 2002
Innovators Award Goes to Aon
News  |  6/28/2002  | 
Virtual risk manager builds market share in high-tech sector.
Clarica/Sun Life Distribution Focus
News  |  6/27/2002  | 
Canada's largest insurance company expects to shift to a captive agent model, and is taking the plunge into IT outsourcing, as well.
USA PATRIOT Act Compliance Presents Numerous Challenges
News  |  6/19/2002  | 
Although insurance companies have temporarily been exempted from the original USA PATRIOT Act compliance date for establishing anti-money laundering programs, there are numerous hurdles carriers can expect to face as they begin handling anti-money laundering issues.
Insurance Industry May Drive Bank Security Policies
News  |  6/12/2002  | 
In terms of information security policies, insurance companies could start to exert more pressure on their counterparts in other financial services segments, observers predict.
News Briefs
News  |  6/12/2002  | 
--> Clare DeNicola will oversee IVANS' newly created Networking Solutions Division as senior vice president, network solutions and sales.
--> RiskClick appoints Harvey Rand vice president of sales.
--> Longtime insurance technology executive Bob Nelson of Pinkerton Computer Consultants passed away June 1.
--> Lloyd's of London announces Lord Levene of Portsoken will be the next chairman of the market.
CRM Briefs
News  |  6/12/2002  | 
--> Pacific Life Insurance released its products on LifeLink's WinFlex illustration system.
--> Mutual of Omaha affiliate Omaha Property and Casualty releases Flood Automated Policy Processing System (FloodAPPS).
--> Thazar Solutions introduces Reportal, a management information reporting system.
--> The Chubb Group of Insurance Companies enhances RMIS Dimensions, its Internet-based risk management information system.
News  |  6/5/2002  | 
Reflecting the drive to find cheaper alternatives to traditional IT activities, Farmers Insurance Group is expanding its successful offshore outsourcing program and has signed a contract with Cognizant Technology Solutions Corp.
News  |  6/5/2002  | 
Data standardization through use of ACORD XML is "not simple and it's not cheap," agree panelists during a session on "Data Standards: An Industry Update," which took place at IASA's Annual Conference & Business Show.
News  |  6/5/2002  | 
--> Insurance Data Processing (IDP, Wyncote, PA)
introduces SURE, a client-configurable intelligent
underwriting system.
--> WorldGroup Consulting launches addition to its
WG Worx family of products, WG InsureWorx, a
J2EE-compliant component library.
--> Hyland Software partners with Open Scan
Technologies to create an insurance industry solution
for processing new business and commercial
premium payments.

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