Stonewood Insurance Cos. selected Tropics Software Technologies' Tropics Breeze to expand its workers' compensation insurance business to more than 20 states through its subsidaries, Stonewood National Insurance Co., Stonewood General Insurance Co. and Stonewood Insurance Co. Tropics will install the software, convert the existing book of business of Stonewood and configure and prepare the system for issuing and managing policies, billing and A/R, and adjudicate claims in other states.
Soleyon Insurance Partners implemented Applied Systems' Applied EpicOnline across 27 agency locations in Washington and Oregon. Soleyon is also in the process of implementing Applied MobileProducer to provide producers with instant access to client information through tablet devlices.
Hiscox selected Xchanging's Fees Direct+, the company's management processing solution for the insurance market. Fees Direct+ allows Hiscox to improve payment turnaround times and increase visibility for the insurer. It also features improved management information, elimination of errors and an enhanced expert management experience for the London market.
Symbility Solutions and Enservio entered an agreement to integrate Enservio's contents claims valuation software with Symbility's structural estimating cloud and mobile products. The combined solution allows for single sign-on, best-of-breed claims settlement applications that allows adjusters to estimate and process contents and structural claims in a streamlined way.
Tech Development
ISO announced its new online insurance portal that delivers the loss costs and rating factors to underwriters and actuaries. The portal provides the foundation for a more technical approach to underwriting and rating, and offers several different views of loss costs and rating factors, including a heat map, state view and class view.
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