Generali Policy Generation
With the goal of underwriting policies in the United States, New York-based Generali U.S. Branch ($100 million in total assets), a wholly owned subsidiary of Assicurazioni Generali (Trieste, Italy; US$62 billion in premium), implemented INSTEC's (Naperville, Ill.) QuickSolver Commercial Automobile and Commercial Package in January 2006.
Punching Up Processing
P&C start-up Homeowners of America Insurance uses online agent submission and processing to shake up the competition.
Vendors’ Hot Summer
A predicted wave of insurance technology vendor consolidation manifested itself in August with the announcement of several deals that, collectively, are likely to reshape the sector.