The partners within Microsoft’s insurance value chain share a common commitment to insurance standards. Members of Microsoft’s insurance value chain obviate the need for insurance carriers to integrate a common techlology because they have already proactively integrated the standards. These efforts further align insurance business and technology needs. Currently there are 35-40 partners within Microsoft’s insurance support and credentialing system, including some of the biggest firms in the world.
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 [...]
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 [...]
For insurance agents Gary Trippe and Jim Pender, the idea for DVIC, or Disabled Veterans Insurance Careers, which aims to guide disabled veterans into careers in insurance, evolved in part from their own personal experiences with disabled family members. In this interview with Insurance Journal’s Andy Simpson, the two share their dream of an organization [...]
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 [...]
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 [...]
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 [...]
Agency Management Done Right is an audio podcast hosted by Mitch Dunford exploring various aspects of agency management.
The topic of the third episode is workers’ compensation. Mitch is joined by Chris Boggs, author of “The Insurance Professional’s Practical Guide to Workers’ Compensation: From History Through Audit” and Stuart Powell, vice president of insurance operations at [...]
Insurance carriers must recognize that their risk is not just insurance risk. There is liquidity risk. There is market risk. There is investment risk. Joseph Lebens of Towers Perrin thinks one overriding lesson from 2008 for 2009 will be the need for risk management. Part 2 of his interview with Insurance Journal’s Andrew Simpson.
A man sets up a “perfect” dinner for his girlfriend