Technology
-
Entrepreneurial Technologists
This year the Entrepreneurial Insurance Alliance (EIA), sponsored by MarketScout, named Vertafore and Risk Metrics, as winners of it 2011 Entrepreneurial Award in technology. Vertafore’s WorkSmart and Risk Metrics’ Insurance 360 technology products received recognition from the EIA as being some of the industry’s most innovative concepts in technology. Each year, the EIA receives hundreds [...]
-
Insurance Journal is Now on the iPad
Introducing the Insurance Journal iPad Edition. Everything you’ve come to expect from the leader in property and casualty information and more.
-
Aerial Imagery: Latest Tool in Disaster Recovery
Using technology previously only available to the military, ASSIST-U.S. specializes in aerial imagery and analysis, offering insurers an opportunity to respond to disaster claims hours after a natural catastrophe. In this interview with Claims Journal, Bruce Seibert, the company founder, explains how aerial imagery benefits insurers during a weather-related catastrophe, like the Joplin tornado. Imagery [...]
-
QR Codes: What are these things?
Short for “quick response,” the QR Code is a two dimensional bar code that was initially used to track automotive parts during manufacturing. Now with the proliferation of smart phones the QR Code is finding its place in mainstream American culture. Mitch Dunford – CEO of Wells Publishing and Julie Tinney – VP of Sales [...]
-
Insurance Journal iPad Edition
The magazine you turn to for the most up to date information on property and casualty insurance is now on the iPad. Check out the great features included in the digital edition of Insurance Journal.
-
Catastrophe Models Don’t Tell Entire Story, Says Pioneer Clark
Karen Clark, who pioneered catastrophe modeling for property/casualty insurers, thinks insurers, rating agencies and regulators have become over-reliant on the models. The models are great tools but they are not always the best tool for all purposes and do not give the complete picture. Other approaches must also be used, says the consultant who now [...]
-
IBM’s Watson: Insurance Jobs in Jeopardy?
Recently, the TV-show Jeopardy’s two biggest champions were defeated by an IBM computer named Watson in a “Man vs. Machine” challenge. IBM engineers spent four years building the artificial intelligence that went into Watson but IBM has higher aspirations for Watson than game show player. The firm sees a future for Watson in businesses including [...]
-
Using Employees’ Web Information in Hiring, Insurance Decisions
Employee screening has moved well beyond criminal and credit histories to anything publicly available on the Internet. California-based Social Intelligence Corp. collects Internet data on employees for employers. Max Drucker, company co-founder and CEO, says his service protects employers from liability in hiring decisions and protects employees from discriminatory information being used in hiring. Drucker, [...]
-
A Windfall for Storm Claims
The insurance industry just unveiled a giant, $40 million wind chamber that is capable of blowing down a house. The reason it was created? To test how improved construction methods and materials can prevent major damage during wind-driven catastrophes like hurricanes. Watch as Insurance Journal visits the facility — part of the Institute for Business [...]
-
LexisNexis Insurance Exchange 2: Privacy, Security Issues
The Council of Insurance Agents and Brokers, LexisNexis, key agencies and a variety of insurance and technology partners are currently testing the LexisNexis Insurance Exchange, a single entry submission platform for commercial lines business. In this Part 2 of his interview at the recent MarketScout Entrepreneurial Insurance Symposium, Frank Sentner, CIAB’s technology director, discusses the [...]
-
Network Matches At-Home Insurance Retirees with Employers
As more and more experienced insurance agency and carrier employees discover their retirement income isn’t what they thought it would be, many are happy to find work they can do from home to supplement their income. That’s where Sharon Emek and her new organization, WAHVE, or Work At Home Vintage Employees, come in. This network [...]
-
LexisNexis Insurance Exchange 1: What is It?
Agents and brokers have been dreaming about a single entry multiple company submissions system for a long, long time. The Council of Insurance Agents and Brokers, LexisNexis and a variety of insurance and technology partners are currently testing a dream model, the LexisNexis Insurance Exchange. In this interview at the MarketScout Entrepreneurial Insurance Symposium, Frank [...]
-
Agency Technology with a Silver Lining: Cloud Computing
Cloud computing enables users to access software applications and records from any Internet enabled device—at home, in the office, on the road—anywhere. Adam Kotter is president of the Kotter Group, based near Atlanta, which specializes in cloud computing for independent insurance agencies. In this interview with Insurance Journal’s Andy Simpson, Kotter discusses the advantages of [...]
-
Markets in Motion: Solar Manufacturer Warranties
The alternative energy market has many complicated angles to it, including solar warranties, which are essential to solar manufacturers as well as to the development and funding of solar projects.
According to Mike McMullen, managing principal of PowerGuard Specialty Insurance Services, banks are hesitant to lend against some larger solar projects because of the severe [...] -
How Green Roofs Are Changing Insurance Claims
Commercial roofing, already complicated, is getting more so as new types and materials are being introduced. Kenneth R. Gilvary, a senior engineer with Dallas-based Haag Engineering, specializes in assessing roof losses for insurers. Gilvary says claims professionals need to keep up with how green technology, including vegetative rooftops, and new building standards are changing the [...]
Featured
-
Lobbyist Norwood Looks Ahead to 2012 in Legislature
John Norwood, principal of Norwood & Associates, has a career in political work dating back to the early 1980s, and he’s one of the state’s best known lobbyists in the insurance and financial services sectors. Norwood talked about workers’ compensation, and other legislation and regulation matters that the insurance industry will face in 2012, including [...]
-
Norwood on Workers’ Comp
John, principal of Norwood & Associates, has been an lobbyist for insurance and financial services sectors across several decades. Norwood offered a focused looking at the all-important workers’ compensation issue, and he gave his thoughts on health insurance exchanges. In fact, Norwood forecast that 2012 will rank as an important one when it comes to [...]
-
Lobbyist Norwood Analyzes Consumer Watchdog Legislation
John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood spoke to the Insurance Journal about legislation and regulation, including a proposal by a consumer advocacy group that would establish prior approval for healthcare insurance and would make major changes to auto insurance and homeowners insurance in [...]
Popular
-
Entrepreneurial Technologists
This year the Entrepreneurial Insurance Alliance (EIA), sponsored by MarketScout, named Vertafore and Risk Metrics, as winners of it 2011 Entrepreneurial Award in technology. Vertafore’s WorkSmart and Risk Metrics’ Insurance 360 technology products received recognition from the EIA as being some of the industry’s most innovative concepts in technology. Each year, the EIA receives hundreds [...]
-
How Insurance Distribution Is Changing
Retail and wholesale brokers face the challenge —and opportunity— of redefining their relationships and value proposition in today’s changing insurance distribution world, according to Glenn Hargrove, president, MarketScout Wholesale, Dallas, Tex. In this interview from the recent Western Insurance Agents Association’s Insurance Industry Roundtable in California, Hargrove outlines the value proposition of agents and brokers [...]
-
Interesting Times in Medical Liability
The medical liability market continues to perform well even as the nation struggles to implement health care reform. Robert Allen, senior vice presidents at Torus Insurance, says many health care institutions are implementing new strategies to be successful in today’s health care reform world. In this interview with Insurance Journal’s Andrea Ortega-Wells from the annual [...]
-
Pat Ryan Asks, ‘Are You Happy?’
Patrick Ryan is an innovator who sees opportunity. And it was opportunity that drove him to launch Ryan Specialty Group in early 2010. Success lies in hiring “good people,” Ryan says. In this interview from the annual National Association of Surplus Lines Offices (NAPSLO) annual convention in San Diego, Ryan says his newest venture gave [...]
Random
-
NCOIL Panel: Recovering from Katrina and Rita
Part I: NCOIL President Craig Eiland discusses mega-catastrophies and Congressional legislation
-
David Mellor, Priority Data Systems / IIABA 2003 InfoXchange
Interview with Priority Data Systems Vice President, David Mellor, at the IIABA 2003 InfoXchange
-
Strategy at CNA Not Tied to AIG
American International Group is, obviously, a large company, and the effects of its recent troubles have been felt throughout the property/casualty Insurance industry. We asked Thomas Motamed, CNA Financial’s CEO and chairman, what he sees as the effects of the AIG troubles.
-
Things Ex-Risk Managers Wish They Had Known
Two former risk managers share some of the things they know now that they wish they had known when they were in their old jobs. Henry Good, now with Wells Fargo Insurance Services, and Lance Ewing, now with Chartis, spoke with Insurance Journal’s Andy Simpson at the MarketScout Entrepreneurial Insurance Symposium.
- Copyright © 2012 Wells Publishing, Inc. All rights reserved.