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Author: CHSI Technologies

CHSI Tech adds five new customers in first half of 2018   Henderson, NV-June 27, 2018-- CHSI Technologies, Inc., a provider of enterprise-class insurance software, is pleased to announce its positive market position at the mid-year mark, adding new customers across the nation to the CHSI family of insurers as well as new feature/functionality to its Connections® suite of core insurance software.   “We are excited at the progress...

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enterprise-risk-management

Advances in technology have led to increased efficiency across the enterprise. But with increased data speed and communication and business growth comes increased risk for both enterprise-level organizations and small businesses. Data must be kept secure as it moves across the digital space. Digital communications must be safeguarded. Outsourced industries and specialties must be vetted before being entrusted with proprietary information or client data.   Non-traditional insurance...

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risk-management-consultant-company

Small to mid-size agencies regularly outsource business functions. From insurance management software to accounting and payroll management, smaller firms simply do not have the budget to accommodate specialized IT or other staff. Since agencies already partner with a range of third-party services, partnering with an insurance and risk management consultancy is a logical next step. Here's why this kind of partnership will assist your agency...

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commercial-insurance-consultants

Connections Management Software Runs CIC's World Smaller businesses turn to captive insurance solutions when they aim to close coverage gaps, secure revenue and increase their business profit. Though these outcomes are highly beneficial, the processes needed to manage a successful captive insurance company can be overwhelming. Many businesses turn to third-party captive managers that understand the insurance industry's regulations and idiosyncrasies as they work to...

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growth-cyber-insurance

Small- to medium-sized insurance companies not including cyber insurance packages in their coverage offerings may be missing a huge opportunity for growth. Statistics show that cyber crimes are on the rise and experts project that these trends will continue despite the most sophisticated cyber security measures employed by businesses around the globe. Interestingly, smaller companies across a broad variety of business sectors are posing a significant...

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cyber-insurance

Data breaches are on the rise, and companies across the globe are realizing with an ever-growing intensity that the negative impact of such occurrences can be devastating. In addition to the enormous risk to companies' assets, data breaches can result in loss of customers, sales, revenues and professional reputations. The following eight points are provided to help to inform and clarify how cyber insurance is...

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artificial-intelligence

Artificial intelligence technology has become more pervasive than ever. Complex algorithms within this technology enable companies across multiple business sectors to gather information and profile current and potential customers. This has enabled companies to easily provide solutions that fit customers' needs.   However, new legislation enacted by the European Union (EU) may make it difficult for insurance software providers to fully integrate AI into their platforms. The...

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blockchain-prototype

The realm of blockchain technology is affording new opportunities for growth and optimization globally in the processing of financial transactions, and now a new prototype has been developed and is being successfully used in the captive insurance market.   The prototype, developed and implemented by Allianz Global Corporate & Specialty (AGCS) in cooperation with Ernst & Young, Citi Treasury and Trade Solutions, and Ginetta, has successfully passed...

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software-as-a-service

Software As A Service Brings Immediate Return on Investment Software-as-a-service providers frequently promote the long-term savings offered by cloud technology. Smaller insurers might not have the time to wait for a return on an investment. Here are a few ways cloud-based insurance management software immediately brings a return on investment. Lower IT Costs The first savings you will notice after putting insurance management software in place will...

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gig-economy

The global corporate landscape is changing and small to medium-sized insurance companies have excellent opportunities to capitalize on these changes. The buzzword fueling the change is known as the "Gig Economy" and it is taking the small business world by storm.   The Gig Economy consists of an ever-growing demographic of individuals who work as independent contractors or freelancers in various capacities. Examples include drivers for Lyft...

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