Reinsurance
May 10, 2006 - AIX Holdings, Inc. (AIX Holdings), a specialty insurance holding company, today announced the opening of AIX, Inc. (AIX), an insurance program manager. AIX was formed to market, structure, underwrite, and administer program business for a variety of distribution sources, including national and regional insurance brokers, reinsurance intermediaries, captive managers, and managing general agents (MGAs). AIX will also be able to procure A rated paper for policy issuance through its third-party relationships or through an affiliated company, Nova Casualty Company, if needed.
Alignment of Interests - We require that either the insured or the distribution source share in the risk so that all parties are working together rather then apart, 3) Custom Design - By unbundling our services and giving you choices among front ...
Marking its fourth anniversary InsurBanc, the trusted and respected full-service financial services provider to the Independent Agency community, continues to expand its capabilities and enhance its services to meet the needs of agents and brokers.InsurBanc is the federal savings bank developed jointly by the Independent Insurance Agents & Brokers of America (IIABA) and the W.R. Berkley Corporation to serve independent agents and brokers as well as their clients. InsurBanc opened April 30, 2001.
InsurBanc has more than $47 million in deposits and $85 million in assets, including the investment of nearly $47 million in agency-related loans. The bank currently has customers in 40 states and expects to reach 50 by year's end, according to Richard W.
InsurBanc Chairman of the Board."It's been a very strong and productive year for ...
Adeptia Inc., an innovative provider of business process management (BPM) technologies, announced today the release of book of business, agency-carrier interface and claims management solutions for the insurance industry. Adeptia solutions cater to diverse business needs of carriers, brokers, reinsurers as well as their customers. Adeptia solutions offer a complete and cost-effective approach by combining essential elements of workflow, information management, collaboration tools and insurance industry standards.
Adeptia automates all crucial transactionsfrom form submission to policy and endorsement issuance, and from first notice of loss to claims payment. Thus, Adeptia insurance helps enhance agent/broker relationships, improves underwriting quality, and reduces claims processing time as well as cost per claim."Business process management or BPM is the ideal solution to optimize business processes, reduce costs and enhance profitability. By creating an ...
San Francisco, CA (ContentDesk) April 20, 2006 -- Gulfstream Financial Corporation has announced an agreement with Aspen Management Corporation, the parent company of Aspen Reinsurance Group, Inc. for the distribution of Gulfstream's professional financial liability management services.
We determined that Gulfstreams solution is more sophisticated and more responsible than other approaches to reducing, and even eliminating, consumer debt, said Steve Keltie, Vice-President of Aspen Reinsurance Group. We work with unions and associations who are looking for added value for their members and their dependents. Especially now, with consumer debt reaching alarming levels, we are convinced that Gulfstream is addressing an unmet need for professional liability management, Mr.
He added: The comprehensive features of the Gulfstream design are superior to other approaches weve examined and therefore incorporating this competitive advantage into the ...
Following on from the tube train and bus bomb attacks in London there was a move from several UK insurance companies to reassure victims that claims would be processed "quickly and sympathetically". This need for reassurance came in light of concerns that many victims of the blasts would not be covered by their existing health and life insurance cover. This would mean that families of the bombing victims could not only lose a relative, but also suffer financial hardship as life insurance companies refuse to pay out on policies.
Life, Axa-PPP and Norwich Union all announced that policy holders would be covered for events on the 7th July. Standard Life said that the company was not looking to "cause more distress" to victims and their families. ...
ContentDesk) April 10, 2006 -- The Homeowner's Consumer Center and its partner the National Mortgage Complaint Center have just released the results of their survey of common mortgage fee overcharges/mortgage lender abuse for 2006. The survey includes mortgage transactions in every state and region of the United States. This survey was compliled as a resource for consumers wondering what mortgage fees are appropriate, and what fees are not.
The top ten areas of overcharging or mortgage borrower abuse are as follows:1. Yield Spread Premiums. By far the most abusive or the most poorly understood mortgage fee in the United States is the "yield spread premium", also called a "YSP". A "yield spread premium" should not be confused with "points" or other fees a mortgage lender might charge a consumer. This ...
When, shopping for a Search Engine Optimization (SEO) company/specialist you need to be aware of a few things. If someone offers you fast results they may be pulling your leg. If you aren't listed on search engines the average time to be index takes around 4 weeks. Someone offering submissions in less then that is coning you. Websites that are already listed and are just being updated will have a faster result. A guarantee isn't always reinsurance. Just because a site states they can get you in the #1 spot doesn't mean they can deliver.
Most legitimate SEO's will tell you no one can guarantee a top stop on all keywords and phrases. Search Engine optimization is not an exact science. Trail and error along with constant tweaking will help ...
RepliWeb, Inc., a leader in Enterprise Content Deployment Software Solutions, today announced that OneBeacon Insurance Group of Boston, Mass., has selected RepliWeb's R-1 Distribution Manager to deploy Web content and code updates utilized by its internal Employee Portal and secure Agents Portal.
Beacon offers specialty and segmented personal and commercial insurance products sold primarily through select independent insurance agents. The Company's Agents Portal provides agencies with access to a broad variety of resources including Web-based policy administration systems for small business and personal insurance; online claims and billing inquiry; agency reports; and online learning. The nature of these businesses mandates real-time updates with guaranteed delivery and rollback capabilities.
Beacon required a solution that met these criteria, plus stringent security and reporting requirements. "OneBeacon evaluated numerous commercial replication products," ...
NouvEON Technology Partners and Technology Evaluation Centers, Inc. (TEC) announce the launch of a new alliance designed to deliver impartial, analyst-vetted software selection assessments to enterprise IT clients.
IT assessments far more efficiently and effectively than by traditional means. "The key value proposition for service providers such as NouvEON is significantly reduced time, costs, and resources required to meet clients' needs by combining the technology of a global player with strong regional experts," says Barry Melsom, Vice President, Global Marketing and Sales at TEC. "The customer proposition is better, easy-to-use, detailed and quantified analysis, delivered in less time than alternative methods.
BestMatch decision support tools to analyze vendor and product data. This will allow decision-makers to select software products that best fit their business and systems requirements, and deliver ...
