L'olivier Assurances, the French subsidy of Admiral Group and an auto insurance provider, selected Guidewire InsuranceSuite as its new platform for underwriting, policy administration, claims management, billing, rating and client data management. Guidewire's InsuranceSuite will allow the company to deliver better customer service by handling requests and closing claims more quickly, gain real-time visibility into core operations and information to make better business decisions and more.
Producers Ag Insurance Group (ProAg) chose MajescoMastek as its technology partner to provide comprehensive IT support for key business applications. As part of this technology partnership initiative, MajescoMastek will manage all aspects of several critical business applications, including 24/7 application availability, timely updates for the regulatory changes and continuous technology enhancements to provide agents with the most recent tools to conduct business most efficiently.
Intuitive Web Solutions LLC announced Century Mutual and Bremen Farmers Mutual Insurance Co. have both selected Intutive Web Solutions' BriteCore to manage the internal operations of their respective companies. BriteCore is a cloud-based solution that provides policy administration, claims management, underwriting rules and rating, agent quoting and inquiry, contact management, billing, imaging, printing, data warehousing and reporting services.
Shelter Mutual Insurance Co. selected PCMS' Atlas hosted platform for its new independent agent distribution channel. The platform will process and host all rating, underwriting, policy administration, billing, claims management and reporting needs for Shelter's American Shield Insurance subsidary in early 2015.
Progressive Insurance selected BAE Systems Applied Intelligence's NetReveal general insurance counter-fraud solution to augment Progressive's identification of claims fraud in the personal auto insurance sector.
New Programs
Vertafore introduced a Desktop-as-a-Service (DaaS) offering that helps insurance agencies mitigate and manage their insurance business in the cloud.
Brit PLC developed an insurance service to protect companies operating critical infrastructure and industrial machinery from terrorist and other malicious attacks, including sabotage, espionage and theft. The product gives companies insurance coverage for first-party property damage, business interruption, the cost of restoring digital assets and reimbursement for resultant business income loss. It also provides comprehensive cyber security risk assessment, on-going loss mitigation and inspection services.
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