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insurance technology

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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insurance-management-software-security

Self-Insured Municipalities: Ways to Avoid Ransomware Attacks

In today’s insurance marketplace, the benefits of technology cannot be overstated; however, the dark side of technology—namely ransomware attacks—is now infiltrating self-insured municipalities. Ransomware attacks occur when criminals find a way into the organization, encrypt as much data as possible, and then extort money from you to get your own data back.  If the ransom…

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iasa virtual roundtable

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…

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INT 2019 InterpSpring Cover

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…

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vector-toons

View from the Captive Cockpit Needs A Technology Parachute

In a recent IRMI Captive.com blog post (“A View from the Cockpit: Systems and Controls of Good Captive Managers”) the team at Atlas Insurance Management Limited compared the successful management of a captive insurance company to flying a plane. “It’s a whole lot less intimidating once one understands the controls and systems that need to…

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actuarial report

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,…

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las vegas cica 2019

CHSI Participates in “Shaping the Future” at CICA

Tucson played host to more than 500 captive insurance representatives, including 100 first-time attendees (captive owners, potential captive owners, captive managers, risk managers, domicile regulators and officials, and service providers) at the CICA 2019 International Conference. In support of the conference’s agenda, which offered educational and networking opportunities, the theme of this year’s domicile-neutral conference,…

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Best Tech Startup NV

CHSI Technologies Named Among 2019 Best Tech Startups in Nevada

We like where we work, and luckily, we’ve been recognized by the experts for the expert work we do—both in Henderson and in the greater state of Nevada. With that as background, allow us some shameless self-promotion: CHSI Technologies has been named by the Tech Tribune among the best 2019 Tech Startups in Nevada as…

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WCF Logo

World Captive Forum—a Great Excuse to Visit Miami in the Winter

More than 300 attendees enjoyed more than just beautiful Miami weather recently at the Business Insurance World Captive Insurance Forum. The meeting, which included an exhibit hall and educational conference, was great opportunity to mix with friends in the industry, and served to help all stakeholders learn more about trends and new technologies in the…

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Insights Mega Claims Thumbnail

Mega-Claims Under Scrutiny

Mega-claims, defined by the National Council on Compensation Insurance (NCCI) as claims for which $10M or more has been paid or is expected to be paid, are an area of concern to workers’ compensation insurers of all sizes. NCCI reports that in the United States there was an uptick in the number of mega claims…

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