ADV Services

CLAIMS

Guidewire | July 30, 2021

Guidewire Software, Inc., the platform that property and casualty insurers rely on to engage, innovate, and grow efficiently, announced today that Genpact, a firm focused on delivering digital transformation, including deep expertise in claims processing, has joined Guidewire PartnerConnect as a Solution partner. In addition, the companies announced that Genpact's new Ready for Guidewire certified add-on is now available in the Guidewire Marketplace for insurers. Genpact suppo...

Benefitfocus | April 24, 2020

Technology provider Benefitfocus has announced the next phase of its recently launched “For You” initiative, which supports employers of customers who have lost their jobs due to the economic impact of the COVID-19 outbreak. The company has launched benefitplace.com, a website that allows users to access a variety of affordable individual and family health plans for employees who have been offered COBRA by their employers but are seeking lower-cost alternatives. The site also offers ...

AXA XL | July 07, 2020

Bluefire Insurance, a Texas-based managing general agency, and Bermuda-based AXA XL Reinsurance, have announced the completion of an alternative capital reinsurance transaction in which Bluefire will assume risk from its personal auto portfolio through a collateralized reinsurance agreement with AXA XL. AXA XL and Bluefire have been partnering since 2014. The partnership was strengthened last year when Buefire consolidated its carrier assortment and moved its reinsurance buying to a portf...

Insurance Business Magazine | January 20, 2020

Auto insurance rates across the US continue to rise, and one state continues to pay the steepest premiums, a new report from The Zebra has found. The insurance comparison site carried out a survey of 73 million rates in 2019, and found that the state of Michigan – already infamous in past years for its high rates – had average annual auto insurance rates of $3,096. This represented a 7.3% increase from 2018’s average, and a 39.5% increase over 2011. By comparison, the national ...