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insurance management software

the benefits of saas versus traditional software

The Benefits of SaaS Versus Traditional Software

In the ever-changing world of technology, smaller insurance companies may be finding themselves struggling to stay abreast of the most current trends of their businesses while ensuring compliance with state and federal regulations. Relying upon traditional in-house software can be problematic for companies looking to grow their businesses. Small insurance companies including captives are often…

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captives creating ease with underwriting administration

Captives Creating Ease With Underwriting Administration

Captive management is a multi-faceted endeavor with two basic objectives: to manage risk and preserve assets for the insured. One of the primary aspects of captive management is the matter of underwriting. Regardless of premium rate structures and other aspects of captive management, the functionality of the underwriting system can make or break the captive….

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safety audit tips for captive insurance

Safety Audit Tips For Captive Insurance

Captive insurance programs are a great way for companies to manage and mitigate risk while protecting cash flows and expense outlays. Similar to public entity pools where insurance programs are administered specifically for the group being covered, captive insurance companies are actually owned by the entity or entities for which coverage is provided. In order…

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Continental Heritage Logo

Continental Heritage Insurance Co. Chooses CHSI Connections for Cannabis Liability Launch in California

Henderson, NV—August 28, 2018 – CHSI Technologies, Inc., a provider of enterprise-class insurance software, is pleased to announce that Continental Heritage Insurance Company, a specialty insurer for emerging markets based in Cleveland, Ohio, has chosen CHSI’s Connections® insurance management software to facilitate success in its launch of a Cannabis Liability product for the marijuana-related businesses….

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what a saas model should incorporate to be successful

What a SaaS Model Should Incorporate to Be Successful

Smaller insurance companies are migrating away from traditional in-house hardware and software systems, and who can blame them? New and innovative cloud-based applications are now available that save these companies time, money and headaches. These systems, known as Software as a Service, or SaaS, are changing the landscape of insurers and allowing smaller companies to…

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should your public entity participate in a risk sharing pool

8 Strengths of A Powerful and Practical Insurance ERM Framework

Small insurers hold an advantageous position in the industry. Their flexibility allows for speed and customization. They offer and manage traditional and non-traditional insurance policies while accessing similar digital tools and insurance underwriting software as their larger, and less personable, competitors. By leveraging the power of ERM frameworks, small insurers are able to assess risk…

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should your public entity participate in a risk sharing pool

8 Facts About Public Entity Risk Pools

Public entities, such as state agencies, municipalities and school districts, share a common bond in that their revenue comes from public funds or taxpayer dollars. In order to effectively manage risk with public funds, many public entities are forming public entity risk pools with immense success. For public entities considering joining or forming a risk…

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should your public entity participate in a risk sharing pool

Is a Captive Insurance Company a Good Strategy?

In an ever-changing economic environment, businesses are looking for new and innovative ways to effectively manage capital and assets. Some companies are seeking alternatives to traditional insurance coverages through the use of a captive insurance company.   What is Captive Insurance? Basically, a captive insurer is an insurance company that is completely controlled and owned…

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should your public entity participate in a risk sharing pool

Should Your Public Entity Participate in a Risk-Sharing Pool?

Public entities, such as government agencies and municipalities, have unique needs when it comes to insurance and risk management. Because their sources of revenue are public funds, i.e. taxpayer dollars, they are held to a higher level of stewardship than businesses in the private sector. In order to help mitigate risk while preserving revenue, some…

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Chsi dogs

Consider an IT “Dog Whisperer” to Forge a Successful IT Journey

Insurers come in all shapes and sizes, from Tier 1 monolithic operations to the smallest captives and self-insured groups.  One thing has been made clear to me in the 30-plus years I’ve served this industry: Regardless of size, many insurers do not fully understand their technology requirements. I’m not saying this because I want to…

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