sion has selected Colorado Springs, Colo.-based Insurance Technologies LLC’s ForeSight to support its annuity sales and allow
the provision of comprehensive annuity illustration capabilities to their distribution
channels. Insurance Technologies is a provider of illustration and point-of-sale software for the financial services and brokerage industries.
Pacific Life conducted a thorough vendor software evaluation, and selected ForeSight to support its 2010-2011 annuity product expansion strategy, says Insurance
Technologies. ForeSight is described as one
of the most widely used point-of-sale
products in the insurance marketplace, offering an intuitive user interface, comprehensive sales strategies, and the ability to
illustrate a wide array of product types and
riders.
Insurance Technologies says that Fore-
Sight supports product cloning and inforce
re-proposals, all on a superior technology
platform, and says Pacific Life will be releas-
ing new fixed and SPIA products on the
ForeSight platform.
Twelve Capital to Use AIR’s
Cat Modeling Systems
Twelve Capital, a Zurich-based independent investment manager focusing on in-surance-related investment opportunities,
has selected Boston-based AIR Worldwide’s CATRADER, an application for analyzing catastrophe reinsurance and insur-ance-linked securities. Twelve Capital will
use CATRADER and ALERT, AIR’s online real-time loss estimation service, to assess and
manage the risks associated with its portfolio of catastrophe bonds and other insur-ance-linked securities, AIR says.
“We selected CATRADER because it is
the most flexible catastrophe bond analysis
tool, and it provides full transparency when
analyzing positions in our portfolio,” says
Sandro Kriesch, partner of Twelve Capital.
“CATRADER also allows us to better under-
stand the impact of potential new invest-
ments on our portfolios, which contain
other catastrophe-exposed components
such as traditional reinsurance contracts.”
“The [reporting tools] seamlessly com-
bines the information from the catastrophe
bond offering circular with loss data from
CATRADER, to provide us with a detailed
snapshot of our portfolio of catastrophe
bonds,” says Kriesch. “We combine this in-
formation with our proprietary system,
CatEye, which allows for efficient aggrega-
tion, detailed price history, and reporting of
our and third party portfolios.”
Texas Mutual Signs
eBill Deal With Jopari
Texas Mutual Insurance Co.,anAustin-based
workers’ compensation insurer, has signed a
new multi-year eBill Processing agreement
with Jopari Solutions, Concord, Calif.
According to Texas Mutual, eBill penetration continues to rise and related automated processing has lowered the turnaround time for payments by 33%.
“From the outset, Texas Mutual’s compliance with eBill regulations has been critically important in terms of reinforcing our
market leadership and establishing an operationally efficient model under the industry’s first eBill regulatory framework,” says
Kim Haugaard, Texas Mutual VP, Network &
Medical Operations.
Pursuant to renewal of the agreement,
Texas Mutual and Jopari also will focus on
the impact changing HIPAA standards will
have on workers’ compensation medical
treatment, handling protected health information under new business associate conditions, and assimilation of ASC X12 version
5010 transaction sets.
Texas Mutual selected Jopari in 2007 in
response to the Texas Department of Insurance implementation of workers’ compensation electronic medical bill requirements.
INN January/February 2011 EDITORIAL INDEX
Company Name
Page
Company Name
Page
Company Name
Page
Company Name
Page
Accenture;29, 30
Accenture Technology Labs;16
ACORD;11, 27
Adobe;;30
Agents Council for Technology;8
AIR Worldwide;9, 36
Amazon Web Services;18
Apple;;38
AQS;;28
Astonish Results 31
Autodesk Inc.;16
Aviana;;33
Bing 31
China Life;16
Cincinnati Insurance Cos.;9
Cisco;;16
Computer Sciences Corp.;18, 35
Conmio;31
CUNA Mutual Group;30
Deutsche Bank 18
Duck Creek Technologies;28
EMC Insurance Cos.;8, 16, 35
Encharter Insurance;31
Everest National Insurance Co.;35
Facebook;31
Farmers Insurance Group;32, 35
FirstBest Systems Inc. 9, 16
Flickr;;31
Forrester Research;24, 27
Gartner;24
Google;31, 38
Grinnell Mutual Reinsurance Co.;27
Guidewire Software Inc. 33, 35
Harleysville Insurance;28
Highmark Inc.;27
High Point Insurance;31
Hyland Software;9
Hyundai Marine & Fire 35
Insurance Co. Ltd.
Independent Insurance 11
Associates Ltd.
Insurance Technologies LLC 36
Intel;16
IVANS Inc. 8, 35
Jarus Technologies Inc. 33
Jones & Wenner;10
Jopari Solutions 36
J.P. Morgan Chase;16
LegacyFaces;;33
LinkedIn;31
Lockheed Martin;16
Majesco Mastek;33
Mark B. Gorman & Assoc.;27
Marshall & Swift/Boeckh;35
Microsoft;16, 30
NIIT Technologies;34
Novarica 12, 14, 27, 38
Olympus Corp.;6
OneBeacon Insurance Co.;27
Oracle Corp.;32
Pacific Compensation 16, 33
Insurance Co.
Pacific Life Insurance Co.;36
Palisades Insurance;31
Pegasystems Inc. 32
Plymouth Rock Assurance Corp.;31
Royal Neighbors of America;35
Salesforce.com;16, 33
SAS 35
SBLI USA Mutual Life Insurance Co.;27
SeaPass Solutions Inc. 9
Shell;16
Shelter Mutual Insurance Co.;35
StoneRiver;35
The Chubb Corp.;27
The Open Data Center Alliance;16
Texas Mutual Insurance Co. 36
TowerGroup;27
Travelers Insurance
Twelve Capital
Twitter
USAA
Vertafore
Virtual Computing Environment
Coalition
VMware
WordPress
Xby2
XL Capital
XL Global Services
XL Group Plc
XL Insurance
XL Reinsurance
Yahoo!
YouTube
27, 29
36
31
33
9
16
16
31
16, 24
27
27
29
29
27
31
31
Note: Company names comprising this
listing are presented as a courtesy to our
readers, and at press, may be subject to
change. Company names can also be
searched at www.insurancenetworking.
com.
