PITTSBURGH--B2B solutions provider SEEC (Pittsburgh) has released Axcess for Insurance, an agent self-service solution allowing a carrier's agent to quote, underwrite and issue policies in real time over the Web. Axcess for Insurance includes agent productivity tools, customizable application components for Web-based quoting, underwriting and issuance in specific lines of business, plus integration components that access current agency and carrier systems and third-party databases using ACORD XML and other industry standards. The solution is built on existing SEEC technologies currently in use at insurance companies, the vendor says.
UNIVERSITY PARK, IL--Applied Systems has released Applied ConneXion, a tool-kit, or "translator," that allows Applied Systems' Agency Manager solution to exchange information with another database using standard-XML technology. According to Applied Systems, an example of how Applied ConneXion can benefit an insurance organization is by enabling the agency's Web site and Agency Manager to seamlessly exchange data elements, such as customer and prospect information, policy detail, claims information, activities and billing information.
FT. LAUDERDALE, FL--CTI GROUP, a billing management and call analysis software solutions provider, has released MagnaFlex, a billing system that supports both traditional circuit-switched telephony billing requirements and the newer packet-based telephony and IP data billing requirements. MagnaFlex facilitates billing and customer management applications across the continuum of customer interfaces, claims CTI.
TORONTO--BorderWare Technologies has released the BorderWare Firewall Server 6.5. The server, according to BorderWare, delivers secure Internet connectivity, high-performance IPSec VPN and secure Internet services. The version 6.5 features an operating system upgrade, buffer and stack overflow protection and a new HHTP filter that protects against Code Red and similar worms and includes a signature update mechanism to stay current, according to BorderWare.
FAIR LAWN, NJ--Cover-All Technologies Inc., a provider of technology solutions for the P&C insurance industry, has released My Insurance Center-a software offering designed to integrate Cover-All's quoting, rating, underwriting, policy print and policy administration software. Its open architecture design, according to Cover-All, facilitates the development of linkages to other components or systems. The software, says Cover-All, will provide insurance professionals with customized Internet access to a broad range of information resources and functional capabilities that they need. Users will interact with My Insurance Center through a customizable portal, according to Cover-All Technologies.
DOC. MANAGEMENT Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio
ISO CLAIM SERVICES
JERSEY CITY, NJ--Insurance Services Office (ISO) subsidiary ISO Claim Services has released version 1.6 of ISO Claims Outcome Advisor. The new version includes Graphical Medical Search, which provides adjusters with a graphical representation of the human body by which injuries, treatments, complications and pre-existing medical information can be captured through pointing and clicking. Other enhancements include Case Reserve, which the vendor says provides both a generated case reserve and a reserve worksheet, and Negotiation History, which provides tools for tracking and strategizing the negotiation process of case settlement.
MALVERN, PA--AdminServer.com, Inc., has released life processing for its policy/contract administration system. Life products supported by the system include VUL, UL and Joint, with features including 7702, loans and lapse/reinstatement. AdminServer products run on Microsoft.Net platform and offer system access to qualified users through a standard Internet browser. The solution is offered through an ASP delivery model or a traditional licensing agreement. Life processing complements AdminServer's newly released annuity capabilities.
SS&C TECHNOLOGIES, INC.
WINDSOR,CT--SS&C Technologies released Finnesse ver. 2001, is a dynamic financial analysis tool for the property/casualty market. One of the release's featuresvirtual asset tankallows a higher degree of accuracy in financial statement projections, claims SS&C. Finesse 2001's new data write routine enables simulations to run at a speed equivalent to processing 1,000 iterations in about an hour.
LUXEMBOURG--SecureWave has released SecureStack for use on Windows NT4/2000 and multiprocessor servers. SecureStack protects Windows NT4/2000 servers from all types of buffer overflow attacks. Buffer overflow attacks result in root access to a system, allowing the attacker full control of the server. SecureStack consists of a kernel mode driver for Windows NT4/2000. The driver ensures that data stored in memory can't be executed by overflowing the stack and is application independent. Because SecureStack is not based on attack signatures, it doesn't require any update in order to protect against future buffer overflows, the vendor says.
AMSTERDAM--Data Distilleries has released DD Series Version 3.0. Version 3.0 delivers a unified customer view across all channels, identifies high-risk customers and predicts the most profitable offer to present to customers in real-time, claims Data Distilleries. DD Series 3.0 bases its assessments on external credit data, historical customer data and the current customer situation. Its advanced offer qualification goes beyond traditional credit scoring systems and enables credit scoring to be integrated into the marketing process. This enables companies to leverage existing systems to better target profitable customers, says the vendor. Data Distilleries' Series 3.0's features include a value-based optimization capability.
LONDON--Inreon has added a new European Catastrophe product to its reinsurance online risk trading platform. The new service delivers a range of time and cost-saving benefits to clients in the form of faster submission and response times, binding quotes from a panel of blue-chip reinsurers, increased transparency and improved management reporting, according to Inreon. The Euro CAT product is a generic pan-European XL treaty product available to clients in 16 European countries, which reinsurance buyers can use free of charge, Inreon says.
NEW YORK--iWay Software has launched iWay Enterprise Integration Suite Version 5.1. V 5.1 introduces expanded support for IBM's (Armonk, NY) Websphere MQ Integrator through a plug-in suite that eliminates custom programming while enabling the simplified integration of EDI; e-business exchanges, such as CommerceOne and Covisint; HIPAA-compliant application systems; application systems such as SAP, PeopleSoft, Siebel Systems and Oracle Applications; transaction systems, such as CICS, IMS and Tuxedo; program procedures such as COBOL and RPG; and more than 140 diverse legacy information assets, according to iWay Software.
DUBLIN--Prediction Dynamics, a trading and risk management software company, will release Crucible, its financial time-series modeling application. Crucible enables the quantitative researcher to build, analyze and maintain financial models. According to Prediction Dynamics, Crucible is the first software product to get around the limitations associated with traditional parametric financial models such as bell curve or normal distribution. This non-parametric approach enables users to create multi-factor models based on any number of relevant inputs.
ROCHESTER, NY--Kodak is now shipping its i60 Scanner with duplex speed of 50 images per minute. This departmental scanner is built on the same platform as the simplex i50 Scanner, but with upgraded electronics enabling both duplex features capability and higher bitonal speeds, Kodak says. Both models feature bundled ISIS and TWAIN drivers, application software for document management, text recognition and photo management, and a two-year supply of consumables.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio