Insurance software
Risk Retention Group Benchmarking Study Available
The 2018 Risk Retention Group (RRG) Benchmarking Study, an in-depth look at RRG financial statement data, complete with trends and comparisons to the admitted market, is now available from Pinnacle Actuarial Resources, Inc., Bloomington, Ill., a property/casualty actuarial firm. The Benchmarking Study examines a wide variety of metrics, including the number of RRGs, capitalization, premiums,…
New Tool to Enhance Claims Outcomes Featured at SIIA Conference
The claims concierge rapid response model will be a featured session at the Workers’ Compensation Executive Forum on May 8, 2019 in Nashville. Covering methodology and front-line experience, the claims concierge session will share with conference attendees a system designed to enhance employee recovery and prevent adversarial claims. The annual Forum, an educational and networking…
Funding a Cannabis Captive? Consider Your Technology Footprint Carefully
It’s difficult to predict how the captive industry marketplace will evolve in 2019 and beyond, because data from regional jurisdictions on individual cells, series and risk-bearing entities is not consistent. However, the impetus for creating a captive remains the same: under the right circumstances, there are a host of benefits to a new formation, making…
Cybersecurity’s 3-Million-Person Workforce Shortage is Now a Risk Management Problem
The author of this blog, Colleen H. Johnson, is a Senior Cyber Legal Analyst with Sera-Brynn. The blog was originally published on the Sera-Brynn website: and is reprinted here with permission. Worldwide, the cybersecurity workforce shortage is about 3 million, according to the annual (ISC)2 Cybersecurity Workforce Study – produced by the organization that brought us the…
What is Required to Support a Cloud Service?
One of the newest buzzwords in business technology is changing the landscape of how small to mid-size insurance companies are operating and that buzzword is the “cloud”. Cloud computing has already begun to have a tremendous impact on how these companies do business, but a lot of confusion still exists as to what the cloud…
Five Major Benefits of Cloud Computing
Software packages can often scale too large for small-to-mid-size insurance firms or they may contain options that aren’t applicable. Cloud-based software for insurance companies offers secure, scalable and industry-specific solutions. Here are five benefits that cloud-based software packages can offer your firm: Faster Revenue Growth Recent data from Dell indicates that companies using cloud-based software…
NGU Risk Management Chooses CHSI Technologies’ Connections®
The insurance program administrator will use CHSI’s Connections to manage customer data, its member portal and schedules. Henderson, NV – October 25, 2018 – CHSI Technologies, Inc., a provider of enterprise-class insurance software, is pleased to announce that NGU Risk Management, Hendersonville, TN, has chosen CHSI’s Connections® cloud-based core systems insurance management software. …
SaaS For Small Business: How it Saves Valuable Time and Money
Despite the fact that SaaS (Software as a Service) solutions are helping small businesses compete across an ever-growing horizon, some small businesses are still reluctant to let go of the old, traditional software systems of the past. Some may be hesitant to entrust their valuable data to a third-party provider, while others may just be…
Why CHSI Is a Leader in Insurance SaaS Enterprise Security
Software-as-a-Service (SaaS) is taking the smaller insurance industry by storm and with good reason. Small to medium-sized insurance companies do not have the capital resources that their larger counterparts have which, in the past, significantly limited their ability to compete. The advent of SaaS has dramatically leveled the playing field for smaller insurance companies by…
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…
