When it comes to its relationships with clients, Ebix views itself as more of a business partner than as a developer of on-demand and transactional systems.
Pegasystems announced its Know Your Customer solution will enable insurance organizations to manage their client on-boarding processes and ensure compliance to complex global regulatory requirements.
Agents and brokers cited price as the main driver in 2010 when placing personal lines business, eclipsing both "ease of doing business" and insurance product offerings, according to an AUGIE survey.
The IICF announced that Maurice R. "Hank" Greenberg, chairman and CEO of C. V. Starr & Company, will receive this year's Double I Award, for influence in the industry and impact in the community, at the foundation's annual dinner.
ACORD announced that proof of concept (POC) activities are underway to validate the technical aspects of the ACORD Framework and are expected to be completed this summer.
MajescoMastek and Genpact announced a new strategic partnership focused on the insurance industry. The partnership leverages both business process management and technology solutions.