Toll Free: 866-434-3561 SUPPORT

Policy Management software

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…

Read More...

MPL Gets a Cautionary Bill of Health—With a Caveat

According to the Professional Liability Underwriting Society (PLUS), Medical Professional Liability (MPL) continues to evolve in all segments of the market. And although PLUS reports that the MPL market in on track to progress, MPL insurers continuously face the challenges of being able to adequately measure, price, and manage risk.  Complicating these challenges is the…

Read More...

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…

Read More...

How Cloud-Computing Benefits Employees & Increases Productivity

Small and mid-size insurance firms have to stay within budget while maintaining employee satisfaction. High employee turn-over and overworked staff leave negative impacts on your company’s bottom line. Cloud-computing is a way to increase the productivity of the workers you have without wearing them down. It also helps attract and keep younger talent. Read on…

Read More...

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…

Read More...

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…

Read More...

More Firms Now Using Captives for Cyber Liability and Terrorism Risk Insurance

Captives are a risk management strategy currently experiencing growth across industries as a result of a healthy economy and subsequent growth of business sectors. As organizations, both large and small, expand across geographies, they are challenged by complexity, regulations, employee benefits and shifting business alliances. Captive insurance technology has kept pace with a growing demand,…

Read More...

Will Captives Use BMA’s Regulatory Sandbox?

The Bermuda Monetary Authority has opened an application process designed for insurers interested in experimenting with new technologies within a relatively risk-free and carefully modified regulatory environment. A regulatory sandbox is a new and extremely relevant concept as the insurance industry expands in non-traditional ways and leverages new technology. Here are a few examples of…

Read More...

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…

Read More...
gig-economy

Insurance software solutions for the Gig economy

The global corporate landscape is changing and small to medium-sized insurance companies have excellent opportunities to capitalize on these changes. The buzzword fueling the change is known as the “Gig Economy” and it is taking the small business world by storm.   The Gig Economy consists of an ever-growing demographic of individuals who work as…

Read More...