The News Review:
- The Responsive Auto Insurance Company Launches MajescoMastek’s STG …
- Senator opens investigation into AARP insurance
- Fitch Issues Report on Property/Casualty Insurance Asset Risk
The Responsive Auto Insurance Company Launches MajescoMastek’s STG …
MarketWatch
subsidiary of global technology solutions provider Mastek (NSE:
MASTEK), today announced that the STG Insurance Suite, in its
ready-to-deploy Application Service Provider (ASP) model, has gone live
for The
Responsive Auto Insurance Company, and will handle the carrier’s
personal auto business in the state of Florida. Established in 2007 as a regional carrier providing non-standard
personal automobile insurance, The Responsive was looking for a
state-of-the-art, comprehensive administration system that would give
them a competitive advantage over other auto insurers. Since The
Responsive’s independent agents handle their
own administrative functions, the company also needed a user-friendly
system with efficient back-office processes. After an extensive search
for the right vendor, the company determined that the STG Insurance Suite’s
point-of-sale, claims, policy administration, billing and accounts
receivable solution met those criteria. According to The Responsive’s President and
co-founder, Victor Arocho, “We were looking
for a vendor that understood the P&C domain as well as we do. The STG
Insurance Suite was our solution of choice because it was industry
time-tested and approved, met all our system and business criteria by
offering very robust and efficient options, and was extremely cost
effective.
Senator opens investigation into AARP insurance
Minneapolis Star Tribune, MN
Sen Chuck Grassley, R-Iowa, part of a wider investigation into health costs and coverage, centers on so-called limited-benefit plans, including some policies offered by Minnetonka-based UnitedHealth Group. Instead of capping what the policyholder pays, as traditional insurance does, these plans cap what the insurer pays.
Fitch Issues Report on Property/Casualty Insurance Asset Risk
MarketWatch
While
the U. In a new Special Report, Fitch examines investment risk exposures for
the U.
Related from Managementmonster: Brookfield Asset Management Issues US$150 Million Term Debt on …