Filed Under:Technology, Core Processing

Who's Using What: Recent Software Solution Deals

Patriot National Insurance Group announces it has selected the  WorkersCompExpert software platform from Paradox Technology Solutions to support its insurance, managing general underwriting, billing, and claims services operations.

Navy Mutual Aid Association selects Accenture's Life Insurance Platform to support its life insurance and annuity business.

GMAC Insurance adds the TurboRater comparative rating system from Insurance Technologies Corp. in Indiana. Sagicor Life Insurance implemented Insurance Technologies' FireLight electronic fulfillment solution, to manage forms processing electronically.

Banner Life and William Penn Life added their forms to Laser App Software’s  library.

Friends First is using Fineos Claims to support and automate the complete claims lifecycle.

First Insurance Company of Hawaii implemented ISCS's SurePower Innovation policy administration suite for FICOH's new personal lines auto business, and is live with a direct-to-consumer sales portal that combines direct sales with service by FICOH's independent agent network.

Amerisure Mutual Insurance Company is live with STG Billing and Collections Solutions from MajescoMastek.

RLI Corp. selects Discoverture Solutions to implement their homeowners and commercial lines products under the Duck Creek Example platform.

Torus Insurance signed a contract to license Outline Systems, Inc.’s ProducerOne, a  producer management system that addresses the needs of insurance carriers by improving transparency and enhancing agency-carrier relationships.

Alabama Self-Insured Workers Compensation Fund selects Tropics Software’s Ocean, an integrated policy, billing and claims administration system. 

Chaucer Syndicates, a specialist insurer at Lloyd’s, selects Wipro Technologies to deliver a data warehouse and associated extract, transform and load solution to ensure compliance to meet the upcoming reporting and management reporting requirements for Solvency II compliance.

Hardy Underwriting Bermuda Limited chooses AIR’s U.S. Multiple Peril Crop Insurance Model (MPCI), a weather-based crop insurance risk model that estimates underwriting gains and losses based on crop yield probabilities in the context of current conditions.

Unum is using IBM OpenPages software to improve the management of operational risk throughout the company and to support the requirements of the upcoming Solvency II regulation.

 

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