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Small and Mid-sized Companies Prioritize Cloud-based Reporting, Dashboards

Small and mid-sized organizations prioritize a similar range of business intelligence (BI) activities as do their larger counterparts, according to a recent study conducted by Dresner Advisory Services, a research and advisory firm. The 2019 Small and Mid-Sized Enterprise Business Intelligence Market Study, part of its Wisdom of Crowds® series of research on the small…

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CHSI, UBIC to present at DigIn Analytics & AI Conference

As a result of being chosen by Digital Insurance magazine as a unique example of companies working together to use innovation as a framework for enterprise strategy, CHSI Technologies and Utah Business Insurance (UBIC) will present on the topic at the magazine’s annual DigIn Analytics and AI conference on Nov. 13. Urias McCullough, director of…

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Can Cities Survive the Latest Ransomware Assaults?

Public entities and municipalities may be more vulnerable to cyberattacks, but creating a safe computing environment is possible. It doesn’t have to be “Cyber Month” to recognize that the dark side of technology is currently infiltrating self-insured municipalities: ransomware attacks. Ransomware attacks occur when criminals break into an organization’s IT systems, encrypt as much data…

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CAJPA Conference Attendees Share Greatest Challenges

To find out what keeps joint power risk pool leadership and technology professionals up at night, the CHSI team played detective at the recent California Association of Joint Power Authorities’ annual conference Sept. 10-13 in South Lake Tahoe, Calif. Gathering qualitative data from more than 25 random, anonymous attendees, the team asked a simple question: …

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Attendees Prove Work and Play Mix Well at CHSI Technologies’ User Conference

More than 50 customers, business partners and members of CHSI Technologies’ leadership gathered in Las Vegas this month for CHSI’s 2019 Connections Users’ Workshop, and the event delivered on its promise: to combine critical learnings with networking and fun. Day one of the workshop included timely keynotes from Elisha Krempetz of Concentra, who spoke on…

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CHSI Announces Customer Award Winners

The CHSI Technologies’ Annual User Workshop would not be complete without the company recognizing the efforts of customers who are using CHSI Connections® to help set best practice examples for the rest of the industry. During the first day of the workshop, members of CHSI’s leadership team officially recognized the following customers for a variety…

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5 Ways Insurers Can Harness Social Media

5 Ways Insurers Can Harness Social Media

Social media platforms have allowed players across all industries to connect with consumers on a more personal level. The impact of social media on fashion, beauty, and wellness brands has been undeniable. It’s time for insurance providers to tap into the power of social media to expand their businesses and increase their profits. From engagement…

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5 Digital Disruptions Small Insurers Need to Navigate

5 Digital Disruptions Small Insurers Need to Navigate

In 2017, insurance companies and related enterprises accounted for over $600 billion, or 3.1% of the gross domestic product of the U.S., according to the Bureau of Economic Analysis. In 2018, insurance carriers employed over 1.5 million people. Despite the substantial contribution the insurance industry makes to the U.S. economy, it has been slow to…

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Insurance Value Chain Technology

How Technology Can Help Across the Insurance Value Chain

According to Charles Robinson, retired vice chairman of Rogers & Gray Insurance, technology has driven more change in the insurance industry over the past 10 years than anything ever did in the previous 30 years.   Some change relates to consumer use of technology—cell phones causing distracted driving, safety technology affecting premiums—but there are also…

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Laptop Workers' Comp Charts

Workers’ Comp Industry Is Stable

Despite recent weakening in workers’ compensation market fundamentals, this year the workers’ comp market should see a fifth consecutive year of underwriting profits. The industry’s statutory combined ratio fell to 86% in 2018, having averaged 93% annually since 2015, notes a Fitch Ratings report, “U.S. Workers’ Compensation Market Update – Fifth Consecutive Year of Underwriting…

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