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Calliden Group and QBE Insurance Australia are expected to replace Vero as Western Australia’s largest home indemnity insurance providers when Vero withdraws from the market in June 2010. The Master Builders Association had warned that the state’s construction sector could be thrown into chaos if the Government failed to find a replacement for Vero, which [...]
Archive for May, 2010
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Government determined to follow, protect Constitution and law
Posted by gary on May 31st, 2010
Reiterating the governments determination to follow and protect the Constitution and law Prime Minister Syed Yusuf Raza on Thursday said if all state institutions work within the ambit of Constitution, it would ensure the development of country and progress and prosperity of masses.We want to follow and protect the Constitution and law. We want that [...]
More Tarlac indigents get universal PhilHealth cards
Posted by gary on May 31st, 2010
A total of 90,049 indigent Tarlaqueños have been benefited with the universal PhilHealth cards. Tarlac Governor Victor A. Yap said the distribution of PhilHealth cards to identified poor individuals is part of their continuing commitment to provide health services to the people in the province. “The provincial government is proud of this project because it [...]
THAI INSURANCE NEWSPAPER HIGHLIGHTS – MAY 31, 2010
Posted by gary on May 31st, 2010
Highlights of today’s newspapers: BANGKOK POST: – Thai reinsurance, the country’s leading reinsurer, is preparing to launch a repackaged terrorism insurance policy for local businesses. – Local insurance firms have agreed to settle fire claims for small businesses affected by the Bangkok riots even if they didn’t hold specific coverage for terrorism, said Chantra Purnariksha, [...]
Tags: UnitedHealthcare Introduces BrandsPlus Rx
Posted by gary on May 31st, 2010
UnitedHealthcare is launching BrandsPlus Rx, a new pharmacy benefit plan that it said enables small businesses to offer their employees prescription drug coverage that includes higher-cost brand-name medications. According to a release, BrandsPlus Rx bridges potential coverage gaps by focusing, in part, on more costly brand-name and specialty drugs for which there is no equally [...]
Genpact and MajescoMastek Partner for the Insurance Industry
Posted by gary on May 31st, 2010
Genpact, a global provider of business process and technology management, and MajescoMastek, the U.S. subsidiary of global technology solutions provider Mastek Limited, announced a new strategic partnership focused on the insurance industry. The Companies noted the partnership brings a new model to help transform insurance carriers’ operations, leveraging both business process management and technology solutions. [...]
Intellect SEEC Launches Insurance CBX Collaborative Business Solution
Posted by gary on May 31st, 2010
Intellect SEEC, a Polaris Group Company, is announcing the launch of its new Collaborative Business Solutions – Insurance CBX. The Company said these solutions are designed to effectively utilize portal technology, process choreography and business components built on ACORD standards that improve efficiency and support business growth. Insurance CBX is an SOA enabled solution designed [...]
First Premium Insurance Utilizes DocuSign eSignature Service
Posted by gary on May 31st, 2010
DocuSign, a provider of an SaaS-based electronic signature platform, announced that First Premium Insurance Group, a personal and commercial insurance brokerage, has selected DocuSign eSignature service to expedite personal insurance applications online. “First Premium looked at a lot of solutions, from simple online services with a check box to accept the agreement to the electronic [...]
Research shows 10% of secondary UK homes uninsured
Posted by gary on May 31st, 2010
financial news publisher Fairinvestment.co.uk recently reported that approximately 10% of UK holiday home owners did not have an unoccupied home insurance policy in place for their secondary properties. Citing research conducted by a prominent UK insurer, the report revealed that up to 160,000 unoccupied properties are also underinsured, placing their owners at risk financially. Unoccupied [...]
Unhygienic food being served in canteens of Allied hospitals
Posted by gary on May 31st, 2010
The canteen owners in Allied hospitals are selling un hygienic and sub standard food while the hospital administrations are playing role of silence spectator. Talking to this news agency here on Thursday the visitors at the hospital complaint that unhygienic food is being sold in the canteens at exorbitant rates. The visitors said that they [...]
Meadowbrook Insurance Group Earnings Hindsight: 10.28% Appreciation In 25 Days (MIG)
Posted by gary on May 31st, 2010
When Meadowbrook Insurance Group (MIG) reported earnings 25 days ago on May 03, 2010, analysts, on average, expected the company to report earnings of $0.24 on sales of $177 million. The company actually reported EPS of $0.30 on sales of $174 million, beating EPS estimates by $0.06 and missing revenues estimates by $3 million. Since [...]
IBC and FCM announce winners of first annual Watershed Awards to recognize communities adapting to effects of climate change
Posted by gary on May 31st, 2010
City of Edmonton wins national Watershed Award Insurance Bureau of Canada (IBC), in partnership with the Federation of Canadian Municipalities (FCM), today announced the winners of the first annual Watershed Awards to recognize Canadian municipalities that have taken proactive measures to reduce their vulnerability to storm and wastewater damage. The awards, which are part of [...]
