RiskMatch, an insurance industrybusiness intelligence and analytics firm that provides portfoliomanagement and placement solutions to brokers and insurers, wasissued U.S. patent No. 8,666,788, “Systems and methods forfacilitating an insurance marketplace for negotiations amongbrokers and insurance carriers.” The patent relates to RiskMatch'scapabilities for facilitating connections and enables collaborationbetween brokers and insurance companies to address clientneeds.

Xuber, Xchanging's insurance softwarebusiness, signed a contract with Ascot Underwriting Ltd. forthe provision of Xuber Claims. Under the contract, Xuber willprovide a comprehensive claims management solution with embeddedworkflow to optimize, automate and measure each stage of the claimslife cycle.

PneuronCorp. implemented its Distributed Analytics solutionfor ProSight Specialty Insurance. ProSightdeployed Pneuron across multiple internal and external systemswithin 90 days of contract execution, applying sophisticatedintegrated analytics to create a single view of claim relationshipsfor the business. The new distributed approach to data analysisallows ProSight's customer service team to easily access clienthistory and claims data as part of their specialized approach tocustomer service.

Global specialist insurer Hiscox seleted SapiensInternational Corp.'s Sapiens IDIT Software Suite as acommon platform for its global retail insurance business. Theplatform includes policy administration, claims and billing.

Tech Development

LexisNexis Risk Solutionsannounced the availability of its suite ofpredictive models for auto insurers, LexisNexis Attract forTelematics. This is the first and only commercially availablesolution in the United States that can score an individual'sdriving behavior across multiple vehicles, vehicle usage patternsacross mulitple drivers and can return those results on anindividual driver, vehicle or household level. Attract forTelematics is part of an end-to-end telematics solution fromLexisNexis that also includes telematics data collection,processing, scoring and storage; a white-label mobile applicationfor smartphones; a white-label consumer-facing dashboard; andconsumer support. The solution leverages existing data interfacesbetween LexisNexis and nearly all U.S. insurers.

Aon eSolutions received third-partyISO 27001:2005 certification for itsRIScloud branded customer data centers and for Aon eSolutionsoffices in the United States and Europe. The certification varifiesthat the ISO information security standards are an integrated partof all company processes and technology systems. The compliancewith ISO 27001:2005 was certified by BSI Group.