Ansvar upgrades its insurance platform

insurancebusinessmag | June 06, 2019

Specialist insurer Ansvar has made a deal with SSP for an as-a-service platform to run its core business, with the initial implementation set to be completed by the end of this year.
Ansvar is upgrading from SSP’s Insure/90 platform to SSP Digital Insurance, a browser-based platform, which includes product development, pricing, policy administration, claims and advanced multi-channel user experience capabilities, to help insurers manage their clients, policies, billing, and claims.

Spotlight

Has your business insurance agency crafted a policy that's CUSTOMIZED to your unique needs?  Does your agent review and update your policy each year so that it reflects new risks and policy options? The Phil Klein Insurance Group's experts will always make sure your business is properly covered and that you understand your risks and coverages before you have to use them.


Other News
INTELLECTUAL PROPERTY

Keystone Expands in Michigan, Signing on Iott Insurance Agency

Keystone | February 08, 2022

Keystone, the fourth largest participant-owned insurance agency network in the nation, continued its expansion in the Great Lakes Region by signing on new Michigan agency, Iott Insurance Agency of Blissfield, Lambertville, and Petersburg. “In keeping with our tradition of excellence, we have upheld and stayed true to our core values by bringing Iott Insurance Agency into our Michigan family, Brian Iott, Kurt Diver, and Tim Miller are exemplary leaders in the communities they serve and are a natural fit for Keystone. Located in lower southeast Michigan, this relationship expands our geographic presence and provides the Iott team and their clients access to tools and resources that complement the world-class service they have delivered since day one. We look forward to a long, prosperous relationship!” -Aaron Vorce, Michigan state vice president. “We are so excited about our new relationship with Keystone and their member agencies, The tools and resources Keystone provides its agency force is second to none in the industry. We look forward to all the opportunities this new relationship will bring to our agency.” -Principal Tim Miller. About Iott Insurance Agency– Iott Insurance Agency dates to 1950 when Brian Iott’s father Francis became licensed and eventually opened a small agency in Blissfield. In 1970, Francis partnered with Virgil Diver to expand locations and services. Today, the agency has a staff of 25 experienced professionals dedicated to customer service. About Keystone Insurers Group (Keystone): Keystone started in 1983 when four independent insurance agencies teamed up to pool their experience and expertise. This small group believed that agencies could be stronger and more successful if they linked arms – a passion and spirit that continues. Growing to almost 300 independent agencies in 17 states, Keystone provides its agents with a community of like-minded agencies, industry expertise and access to specialized products for their clients. Keystone is ranked number four on Insurance Journal's 2020 list of Top 20 Property/Casualty Agency Partnerships.

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INSURANCE TECHNOLOGY

Lyon Fry Cadden Insurance and Higginbotham Combine

Higginbotham | April 20, 2022

Lyon Fry Cadden Insurance, an independent broker of commercial and personal property and casualty insurance and surety products located in Mobile, AL, has joined Higginbotham, an insurance, financial and HR services firm ranked as the 20th largest independent broker in the U.S. The deal brings Higginbotham into a new state by joining forces with an agency that is one of the largest and oldest locally-owned property and casualty insurance brokers in Alabama. Higginbotham is strategically growing to expand its footprint and increase its service capability by selectively partnering with other independent agencies that have strong reputations in their local markets, a desire to keep growing by tapping into Higginbotham's single source solution and a strong cultural match. We have offices in all of the states bordering Alabama. So it was a natural progression to move into that market by finding a partner that wants to grow with our team, and such a reputable partner at that." Higginbotham Chairman and CEO Rusty Reid. Lyon Fry Cadden primarily serves middle market businesses across a diverse industry universe, underscored by strong ties to the local community through its executives who are multi-generation Mobile natives. The agency gains the ability to now offer employee benefits, HR services and additional specialty services capabilities by drawing on Higginbotham's broad competencies, enhancing its ability to provide the best customer support in the area. Lyon Fry Cadden was drawn to Higginbotham for several reasons, and one of the main reasons was we all felt like it was a good cultural fit. When we met with the Higginbotham leadership, we realized that they are all insurance producers as well, and therefore have similar values, goals and aspirations. The overall size of Higginbotham also brings us more expertise and additional tools benefiting our current and future clients. When you couple those things with the opportunity for our employees to have some ownership in the larger, overall agency – the decision was clear. We all recognize the opportunities this partnership provides, and we are excited to help expand the Higginbotham footprint further into the southeast and into Alabama." President of Lyon Fry Cadden Gaylord Lyon Jr. About Lyon Fry Cadden Insurance Lyon Fry Cadden has roots dating back to 1905, serving the insurance needs of businesses and families in Mobile, AL. The agency as it's known today was formed in 1986 when Gaylord Lyon Insurance Agency and Fry Zelnicker Agency merged. Through a commitment to industry knowledge and personal attention to clients, it has grown into one of south Alabama's largest privately owned insurance agencies offering commercial insurance, personal insurance and surety bonds. About Higginbotham Employee owned and customer inspired, Higginbotham is a single source solution for insurance, financial and HR services. The firm was established in 1948 and ranks by revenue as the nation's 20th largest independent insurance firm. Serving thousands of businesses and individuals through locations across 11 states, Higginbotham's approach to finding insurance, employee benefit and risk management solutions is more individual and less institutional. By understanding customer priorities, eliminating inefficiencies and committing to transparency, Higginbotham is a place that leads with values so value leads.

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INSURANCE TECHNOLOGY

Insurance King Acquires Two Insurance Agencies in IL: Vic Bernardi Insurance and The Insurance Center

Insurance King | January 17, 2022

Insurance King has announced the rebranding of the two insurance agencies they have purchased in Illinois. Vic Bernardi Insurance Agency located in Chicago Heights, IL established in 1985 primarily known for personal auto and SR-22 insurance filings will be the first Insurance King physical location in the Chicagoland Area. This location also services policies in Northwest Indiana. The office located at 710 Lincoln HWY Chicago Heights, IL 60411 is currently open during the remodeling process. The Insurance Center located in Decatur, IL established in 2009 provides auto, motorcycle, renters and SR-22 insurance. This office has relocated into the newly remodeled Insurance King at 255 E Grand Avenue, Decatur, IL 62521. Insurance King founded in 2001 is headquartered in Rockford, IL offering affordable Auto, Motorcycle, Renters, and SR-22 currently in CO, IA, IL, IN, KS, MO, MS, OH, TN, TX, and WI. Insurance King is a sponsor of NASCAR driver Josh Bilicki.

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LIFE INSURANCE

Sun Life announces Sun Life Link to create a better benefits experience through enhanced digital connectivity

Sun Life | December 17, 2021

Sun Life U.S. has launched Sun Life Link, a broad portfolio of digital connection solutions, including APIs (application programming interface) with prominent HCM (human capital management) and benefits administration systems. These connections alleviate manual administrative tasks for HR professionals by automating employee insurance and data processes to produce real-time results. Employers experience a more efficient process with more time to spend on benefits strategy, employee programs, and other priorities, and their employees see faster confirmation of insurance coverage and status updates. Sun Life Link is backed by dedicated teams of technology experts who focus on building the technical framework to develop secure, customizable API integrations that address client needs. By proactively partnering with clients to build and implement new connections, these teams ensure they are solving for clients' specific pain points and setting them up for immediate and ongoing success. "We are committed to bringing our clients innovative solutions, connections and partnerships that make their lives easier, Sun Life Link creates connections and provides expertise that ease administrative burdens for HR teams, saving them significant time and making the benefits enrollment process far more efficient and streamlined." - Kevin Krzeminski, senior vice president of National Accounts at Sun Life U.S. Sun Life Link API connections facilitate the exchange of EOI (evidence of insurability) data, which results in a faster, easier enrollment experience for employers and employee members. With many benefits administration and HCM system connections already implemented, Sun Life Link adds new connections on a continuing basis, enhancing the size and scope of solutions as well as catering to a broader range of employers with different needs and goals. Sun Life approaches digital solution development with flexibility to adapt to continuously evolving client needs. Sun Life Link solutions include leave administration, self-billing, and enrollment and plan design integration, further automating manual HR tasks around benefits management. About Sun Life Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2021, Sun Life had total assets under management of C$1.39 trillion.Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. In the United States, Sun Life is one of the largest group benefits providers, serving more than 60,000 employers in small, medium and large workplaces across the country. Sun Life's broad portfolio of insurance products and services in the U.S. includes disability, absence management, life, dental, vision, voluntary and medical stop-loss. Sun Life and its affiliates in asset management businesses in the U.S. employ approximately 5,500 people. Group insurance policies are issued by Sun Life Assurance Company of Canada (Wellesley Hills, Mass.), except in New York, where policies are issued by Sun Life and Health Insurance Company (U.S.) (Lansing, Mich.).

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Spotlight

Has your business insurance agency crafted a policy that's CUSTOMIZED to your unique needs?  Does your agent review and update your policy each year so that it reflects new risks and policy options? The Phil Klein Insurance Group's experts will always make sure your business is properly covered and that you understand your risks and coverages before you have to use them.

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