The Insurance Value Chain
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.
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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 [...]
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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 [...]
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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 [...]
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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 [...]
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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 [...]
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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 [...]
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How State Regulators Feel About Agents
State insurance regulators are well aware of the critical role independent agents play in the insurance process. They see a “natural alliance” between agents and themselves. In this report, regulators from Florida, Wisconsin, Oregon, Louisiana and Kentucky discuss how they feel about independent agents.
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Top Performers Benefit from the PRIS Designation
The Property Risk Insurance Specialist (PRIS) designation is unlike any commercial-property-focused insurance training you have ever experienced. Over three days you learn the what’s, when’s, where’s, why’s and how’s of commercial property coverage. And unlike many property courses you have attended, this training focuses on the nitty gritty truth of commercial property coverage rather than [...]
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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, [...]
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