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Underwriting

Moving from Descriptive to Prescriptive Analytics

Moving from Descriptive to Prescriptive Analytics

In its 2018 study, From Bottom Line to Front Line, Accenture identified a growing trend among CFOs and other senior finance leaders. The study, which interviewed nearly 750 key finance leaders, determined that some 53% of CFOs believe that their teams are not keeping up with today’s increasing needs to gather, analyze, and interpret data….

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Attendees Prove Work and Play Mix Well at CHSI Technologies’ User Conference

More than 50 customers, business partners and members of CHSI Technologies’ leadership gathered in Las Vegas this month for CHSI’s 2019 Connections Users’ Workshop, and the event delivered on its promise: to combine critical learnings with networking and fun. Day one of the workshop included timely keynotes from Elisha Krempetz of Concentra, who spoke on…

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Laptop Workers' Comp Charts

Workers’ Comp Industry Is Stable

Despite recent weakening in workers’ compensation market fundamentals, this year the workers’ comp market should see a fifth consecutive year of underwriting profits. The industry’s statutory combined ratio fell to 86% in 2018, having averaged 93% annually since 2015, notes a Fitch Ratings report, “U.S. Workers’ Compensation Market Update – Fifth Consecutive Year of Underwriting…

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Customer-Relationship-Building-With-CRM

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…

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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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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…

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CHSI Technologies Named to Shortlist for US Captive Awards

  HENDERSON, NV – July 12, 2017 – CHSI Technologies Inc., a provider of core enterprise-class software, is pleased to announce that it has been named to the official shortlist of finalists for the US Captive Awards in the category of Technology Initiative.     CHSI’s Connections™ is in use by a variety of property…

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