Insurtech

The latest insurtech trends and technologies, and their applications across the insurance industry.

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Systema Software Selected by Baldwin & Lyons, Inc.

06/15/10 — Systema Software, a leading provider of software solutions and services to the insurance industry, today announced that Baldwin & Lyons, Inc. has selected SIMS Claims as its enterprise claims solution. SIMS Claims is a comprehensive property and casualty claims management system, designed to maximize efficiency and profitability in day-to-day operations.

Vertafore Bought Out By TPG For $1.4 Billion

BOTHELL, Wash. TPG is buying the Bothell, Wash., company from private equity firm Hellman & Friedman and co-investor JMI Equity. Vertafore, which announced the deal Thursday, did not disclose specific financial terms. John Marren, a partner at TPG, says Vertafore is “a world-class company that has developed essential products and services for the growing insurance industry.”

CSC Launches Software Suite For Insurance Services

CSC has announced the launch of Integral, a software suite for all lines of insurance, including end-to-end policy and group management, product configuration and business analytics capabilities.

Hyland Software And Duck Creek Partner To Offer Automation Processes

Hyland Software and Duck Creek Technologies have formed a partnership to offer insurers a technology matchup like automating exceptions and integrating content with e-mail. The Hyland Software and Duck Creek partnership provides a solution to automate processes and manage content.

BlueCross BlueShield of Western New York/BlueShield of Northeastern New York Launch Online Care as a Cornerstone for Health Care Reform – On-Demand Health Care Services Arrive In New York State Following Rapid 90-Day Deployment

LAS VEGAS, June 9Today at the American Health Insurance Plans’ industry conference, BlueCross BlueShield of Western New York and BlueShield of Northeastern New York announced the initial launch of Online Care NY, a service that offers on-demand health care services in New York state to eligible members and employers.

Hyland Software and Duck Creek Technologies Form Partnership

CLEVELAND, June 8Complex process problems require the right technologies to solve them. “Insurers are looking for technology that manages their processes from start-to-finish,” said Sam Mazzola, director of insurance solutions for Hyland Software. The Hyland Software and Duck Creek partnership solves a need to automate processes and manage more types of content.

OneBeacon Specialty Accident and Health Launches Transportation Website

OneBeacon Insurance Group’s Specialty Accident and Health business has launched a new website – www.onebeacontransportation.com – exclusively dedicated to motor carriers, independent contractor drivers and brokers representing the transportation industry, one of its largest target segments.