Kingsway Financial Services has expanded its relationship with Skywire Software to include InsBridge, Skywire's Web-based rating, rules, and underwriting system, for all lines of business. Kingsway already uses the INSight BI and data warehouse system from Skywire.
REAAL Insurance has broadened its relationship with Unisys through a new five-year outsourcing contract with Unisys' Netherlands subsidiary. The contract value is estimated at $11.6 million. By managing REAAL's IT infrastructure, Unisys will provide support 24/7 to the company and its agents, enhancing the efficiency of the carrier's IT infrastructure operations and its capability to provide secure business services to customers.
Hermitage Insurance Company will implement the ISO Rating Service to handle its core rating processes. In addition to streamlining rate management and reducing rating maintenance and insurance program development costs, ISO Rating Service will enable Hermitage to develop and integrate a custom-built quoting front end without having to replace its existing policy management system.
American National, Lincoln Benefit Life, and Mutual of Omaha are the first life insurance companies to take advantage of the partnership between iPipeline and Brainshark. These carriers have integrated Brainshark's on-demand presentations into iPipeline's extensive insurance product database. This allows the carriers to present product knowledge, sales tips, and marketing concepts to general agents, broker/dealers, and other distributors that use the iPipeline platform to conduct business.
West Bend Mutual Insurance Company has chosen Valen Technologies' predictive analytics solution to price risk more effectively, decrease loss ratios, and increase market share.
Preserver Group has opted for Adeptia Inc., a provider of business process integration technologies, for deployment of Adeptia's BPM product for a number of strategic initiatives.
Universal Insurance Company has selected Easy-Link Service's document capture and management solution to provide workflow services for the insurer's business processes.
Grinnell Mutual Reinsurance Co. has licensed Fiserv Advanced Billing and Claims Workstation from Fiserv Insurance Solutions. The two best-of-breed Web-based systems will operate in an integrated environment.
Investors Heritage has selected COSS to develop its point-of-sale life illustrations for the CrailHuntly Combosurance package. Investors Heritage will be one of four carriers to underwrite and issue life policies under the first Combosurance package called Basic Permanent.
OneBeacon Insurance Company has chosen the BCF Technology TRANSIT-Web Services platform for new-business processing. BCF is a provider of Web services, integration and aggregation of data, competitive intelligence information, and single sign-on technology solutions for insurers.
Great American Insurance Group has opted for Duck Creek Technologies' EXAMPLE Platform. The platform's rating component is an integral element of Great American's plan to replace its entire legacy infrastructure with a variety of component solutions.
