Insurance software
IASA’s Virtual Roundtable Tests Digital Transformation’s Reality
Because all insurers are using some form of digital technology, we can agree that Digital Transformation is less about the technology itself, but more about the way insurers are innovating to solve their business problems. That said, digital transformation refers to any use of digital technology that enables new types of innovation to enhance and…
Insurance Digital Transformation Takes Shape
The insurance industry is the in middle of a seismic technology shift, with carriers adopting an abundance of new tools to drive insights on decades of customer data at their disposal. This revolution is transparent across companies of all sizes—from large property and casualty carriers with billion-dollar IT budgets that are rolling out drone inspection…
4 Tips for Joint Power Authority Success in CRM
Some traditional insurers tend to think about customer relationship management (CRM) technology as a tool only for finding/sharing customer information, but in the bigger picture, it’s used for extended outreach, partnership management, and cross-functional efficiencies that lend themselves to improved customer outreach, cross-selling, faster response times, improved customer retention and more. Because of their complex…
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. …
