Authority Insurance

Insurance Technology

Majesco | April 06, 2021

Majesco, a global leader of next-generation cloud insurance platform software for insurance business transformation, today reported the overall accessibility of new key capabilities to Majesco's Distribution Management platform. “Our latest product release for Majesco Distribution Management, includes major ease of use capabilities for our customers,” said Manish Shah, President and Chief Product Officer at Majesco. “We have now enabled carriers to quickly an...

Texas Mutual Insurance Company | January 21, 2020

A Massachusetts-based functional capacity evaluations (FCE) firm has been ordered to pay $30,000 in restitution to workers’ compensation insurance provider Texas Mutual Insurance Company after pleading guilty to a third-degree felony on fraud-related charges. Texas Mutual alleged that Expert Medical Evaluators International (EME) used unlicensed providers to perform FCEs and overbill the insurer. According to Texas Mutual’s investigation, two unlicensed providers – Marcos Ricoy...

GEICO | July 17, 2020

A new report by Fitch Ratings reveals that not only are US personal line insurers expected to see underwriting profits this year despite the pandemic, but there could be soon a reshuffle of America’s top insurers. The report said that the ongoing pandemic is “substantially affecting” the insurance industry in terms of underwriting and investment. Personal line insurers, in particular, are heavily impacted by the decline in risk exposures related to changes in economic and socia...

Risk Management, Insurance Technology

Businesswire | May 19, 2023

Socotra, Inc. announced availability of their insurance policy core platform Connected Core in AWS Marketplace. This move will make it easier for insurers to adopt the platform, resulting in faster implementation times and improved efficiencies. AWS Marketplace is a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Socotra's availability in AW...