IASA 2008 Conference Press Releases

During the 2008 IASA Annual Educational Conference & Business Show held recently in Seattle, Washington, many IASA exhibitors and associate members made industry announcements of importance to insurance professionals and other IASA members alike.  For your convenience, all of the announcements made at the 2008 event are posted below in alphabetical order and post-show contacts are listed so that you may request further information as necessary.

Fiserv / Allstate Workplace Division Team up to Create Business Economies

The Fiserv Insurance Group announced last month that Allstate Workplace Division is realizing superior results from its project to implement an automated Fiserv solution that supports growth objectives and improves efficiencies. Working with Fiserv.....Click Here for Full Text

Fiserv Ranked #1 by Insurers for Financial Accounting and Reporting

Fiserv ranked first in the category of financial accounting and reporting by P&C insurers who participated in the annual Insurer’s Choice survey co-sponsored by Tech Decisions and research firm Financial Insights, an International Data Corporation company. Insurer’s Choice is an annual ranking of.....Click Here for Full Text

Fiserv Receives “Positive” Rating for Policy STAR® System in Leading Analyst Firm’s MarketScope Report

The Fiserv Insurance Group announced its “Positive” rating in Gartner’s MarketScope for North American Property and Casualty Insurance for Policy Administration Systems, 2008[1] for the Fiserv Policy STAR® system. Fiserv was one of six policy administration system suppliers evaluated by.....Click Here for Full Text

Release 6.0 of Fiserv Property & Casualty Solutions Adds Key Business and Technology Enhancements

Fiserv Insurance Group will announce during IASA 2008 that applications from its suite of Property & Casualty solutions are aligning under a common release number, 6.0. The release adds nearly 120 new enhancements to.....Click Here for Full Text

Midwest Insurance Company Extends Relationship with Fiserv Workers’ Compensation Solution

Fiserv Insurance Group announced that Midwest Insurance Company of Springfield, Ill., has licensed the Web-based PowerSuite® Claims system for workers’ compensation. This agreement marks a new stage in Midwest Insurance’s systems update to.....Click Here for Full Text

IDP::Insurance Data Processing will exhibit a new decision support system that leverages dashboard design and performs business analysis and reporting for all lines of property and casualty insurance.  Called the IDP::Data Warehouse Solution, the affordably-priced, off-the-shelf system combines.....Click Here for Full Text

ImageRight won several industry awards during the ACORD-LOMA Insurance Systems Forum held recently in Las Vegas.

ImageRight won first place in the Enterprise Technologies category of the Vanguards in Insurance Practices Awards sponsored by Insurance Networking News and Celent.  The V.I.P. Awards were presented during a black tie ceremony at which Pat Speer, Insurance Networking.....Click Here for Full Text

Insuresoft Launches the Diamond System in an ASP Format

Insuresoft, a Microsoft Gold-Certified provider of property and casualty insurance software, has partnered with AT&T to launch its flagship product, The Diamond System, in an ASP format.  Recognizing the industry’s embrace in utilizing the Software as a Service (SaaS) delivery method, Insuresoft now provides customers with.....Click Here for Full Text

ISCS Announces Custom Portal Capability Enhancements to SurePower Innovation

ISCS is pleased to announce the adaptation of SurePower® Innovation business services to enable a JSR-168-compliant portal front end and the powerful web interface builder tool APPRock™ from Innovex Technology, LLC.  This technology adds to ISCS’s already powerful portal capability to help insurance organizations.....Click Here for Full Text

Gore Mutual Provides Brokers with Billing and Policy Change Capabilities

iter8 announces Gore Mutual Insurance Company now offers new functionality within its GoBroker portal.  Gore Mutual has gone live with two new web applications - billing and policy change.  The enhancements to the GoBroker portal provide agents with the ability to make real-time policy changes including.....Click Here for Full Text

iter8 Completes Successful Validation of their Insurance  Applications

iter8 Inc. is pleased to announce the successful integration and validation of iter8’s Automated Exception-Based Underwriting product suite with IBM’s WebSphere Portal Server and DB2 Express-C 9.5.  iter8 worked side-by-side with IBM Innovation Center’s sales, marketing and technical experts to ensure the delivery of this product offering. These integrations will enable insurance carriers.....Click Here for Full Text

iter8 Executive Team Strengthened by Addition of Philippe Lafrenière

iter8, a software and solutions provider to the P&C insurance market, is pleased to announce Philippe Lafrenière has joined the company as vice president of product innovations.  As vice president of product innovations, he will provide iter8’s strategic product direction in the marketplace. Philippe brings a wealth of experience in both.....Click Here for Full Text

Trillium Mutual Insurance Moves to Automate Personal Lines Underwriting

iter8 Inc. is pleased to announce Trillium Mutual Insurance (Trillium) has formalized arrangements to strengthen their personal lines underwriting with a fully-automated, exception-based underwriting solution, using iter8’s market-leading software.  Trillium entered into a first phase agreement with iter8 in 2007 to undertake key EDI download functions, and has now extended.....Click Here for Full Text

John S. Swift Printing Co., Inc. is pleased to announce the addition of three new experienced insurance industry specialists, including:.....Click Here for Full Text

CPA Firms Merge to Form the West’s Largest, Regionally Based, Provider of Auditing Services for the Insurance Industry.

Larson & Company (Utah), announced a merger with Rosenberger Schwartz & Company (California). The merged firm, Larson & Rosenberger, combines 32 years of insurance auditing and tax expertise, as well as regulatory compliance advisory services.  Individually, the firms were recently ranked.....Click Here for Full Text

Moore Stephens Announces the bIntelligent Insurance Analytic Framework (IAF) for Carriers, Brokers and MGAs

The business of insurance requires hundreds upon thousands of reports to be produced annually. However, even with multiple reports available, many insurance executives admit getting a holistic picture of company performance is almost impossible.   The bIntelligent IAF brings together and harmonizes disparate data to deliver.....Click Here for Full Text

Insurance Technology Group and O’Brien Communications Group – with the sponsorship of Industry Focus (Business Insurance's monthly supplement for strategic decision makers in commercial insurance) – will conduct a comprehensive study on commercial Policy Administration needs, practices, and solutions.  The study will comprise original primary research, in two main parts:.....Click Here for Full Text

Parametric's Tax-Managed Core portfolios seek to combine the advantages of indexing (low cost market return capture), the flexibility of a separate account structure (customization) and theenhanced returns of proactive tax management (tax efficiency).  "The demand for truly customized, tax-efficient investment products with a strong track record continues to propel mandates for.....Click Here for Full Text

P&C Insurance Systems, Inc. (PCIS) announces POSVision™ for personal lines. POSVision is a .NET browser based point of sale system. It is in production for the quotation, rating and issuance of personal auto, homeowners and umbrella lines of business. This system can be implemented as a stand alone product which can be interfaced to any legacy or 3^rd party policy administration system or in conjunction with PCIS’ CarrierVision™ policy management system.  POSVision provides.....Click Here for Full Text

P&C Insurance Systems, Inc. (PCIS) was engaged by StrataCare in a multi-million dollar contract to design and develop Aipeks, a true browser-based “Best-In-Class” Workers’ Compensation Claims Management application. Aipeks is built upon 30 years of workers’ compensation claims application domain knowledge utilizing the latest Microsoft technology of ASP.NET, reporting services and XML for Business-to-Business (B2B) interfaces.  Aipeks Claims Technology is the first.....Click Here for the Full Text

In this current volatile credit market, insurers are having difficulty finding yield enhancement opportunities with a relatively high likelihood of principal protection. At the same time, investors continue to seek diversification while balancing a desire to preserve credit quality and maximize returns. For those insurance companies, we think that commercial mortgage backed securities (CMBS) and preferred securities may offer.....Click Here for Full Text

Getting new insurance products to market quickly is critical in keeping pace with the competition. The biggest bottlenecks are manual product development processes and the preparation of state filings. Insurers are praising Skywire Software’s compliance applications, Tracker and Launcher, for driving speed-to-market for new products and accelerating the submission of state filings.  Launcher streamlines new product development by.....Click Here for Full Text

SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and software-enabled services, announced LOM Services Limited, a subsidiary of the LOM Group (www.lom.com), has selected CAMRA™, SS&C’s portfolio management software, to automate and streamline investment operations across the firm’s multiple business units, including its asset management and brokerage operations.  In a single integrated offering, CAMRA addresses.....Click Here for Full Text

SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and software-enabled services, previewed the release of CAMRA’s Syndicated Loans module at the IASA 2008 Annual Educational Conference and Business Show in Seattle, Washington.  The new module provides integrated support for the processing of bank debt for the front, middle and back offices of firms investing in Syndicated Loans.  In partnership with a large insurance client, SS&C has developed the capability to.....Click Here for Full Text

SunGard iWORKS Announces iWORKS Investment Management Next Generation Investment Accounting & Management System

SunGard’s iWORKS Investment Management, the next generation of SunGard’s investment accounting solution, helps insurance companies meet their investment accounting, reporting and decision support responsibilities.  SunGard’s iWORKS Investment Management solution was specifically designed for.....Click Here for Full Text

Tropics Software Technologies is a national software company specializing in workers’ compensation systems. The multi-state, multi-tiered, web-enabled policy claims, and financial systems can be configured for any insurance company, state fund, self-insured fund, or MGA.  Within an automation framework comprised of workflow management, document and form management, email alerts, configuration and security tools, Tropics^® provides a comprehensive set of.....Click Here for Full Text

bill-it is a stand-alone billing system to support multiple lines of business for direct bill.  This highly flexible, web-based system is the ideal solution to streamline billing processes.  Bill-it gives clients the flexibility to quickly configure billing plans, improve efficiencies with simplified and intuitive administration for all billing and payment transactions, and reduce processing costs simultaneously.  Bill-it offers a set of advanced features for direct bill that vastly improves the way an operation manages.....Click Here for Full Text

Bill-it is a stand-alone billing system designed to support multiple lines of business for direct bill.  The solution permits clients to quickly configure billing plans, improve efficiencies for all billing and payment transactions and reduce processing costs simultaneously.  The web-based solution requires.....Click Here for Full Text

Ward Group, a consulting firm specializing in the insurance industry and the leading provider of industry benchmarking and best practices services, kicks off a new benchmarking program for finance and related operations.  With the challenges of the current market, companies are forced to revisit areas such as the budgeting process, compliance functions, finance expense structure and the performance of their investment portfolios.  The Ward finance benchmarking program provides.....Click Here for Full Text