2010 Entrepreneurial Insurance Awards
11 Firms Named Entrepreneurial Insurance Award Finalists - Insurance Journal
MarketScout, with support from Microsoft and The National Alliance for Insurance Education and Research, has selected finalists for the Entrepreneurial Insurance Awards. The finalists were announced at the Entrepreneurial Insurance Symposium in Dallas, Texas on September 14 and 15, 2010. Companies which successfully implemented new underwriting, distribution or technology solutions applied for recognition by completing an Entrepreneur's Dashboard summarizing their successful business application.
Submissions for 2010 are now over, but check back for 2011 submissions to begin.
Finalists for 2010 are:
Underwriting
- Ace Insurance - for a new product to help mitigate water penetration and water claims in high net worth properties.
- Chartis Insurance - for Diamond Innovation, an executive training method the company uses to drive innovation throughout the company.
- Ironshore - for innovation in coverages, specifically in the health care professional liability area.
- Lexington Insurance - for its new portal called LexPlorations that provides in-depth information on market issues, emerging risks and innovative solutions.
Distribution
- Marsh - for MarshConnect, its global client portal that gives clients access to their organization's insurance and risk information, along with risk and insurance market intelligence, research tools and interactive utilities and gives carriers the opportunity to see what accounts are available to bid on.
- Wells Fargo - for its CyberSure portal, designed to streamline the administration of insurance programs.
- WAHVE (Work At Home Vintage Employees) - for its network that provides agencies and carriers with the opportunity to hire skilled insurance retirees who want to supplement their retirement income by working part-time from home.
Technology
- Allied World Assurance - for i-Bind, a quote, issue, and bind interactive tool for professional liability and E&O.
- The Combined Group - for its Quantum technology that provides agencies real time, SEMCI, multi-carrier access for small commercial lines products.
- FirstBest - for it application that converts existing ACORD applications into XML compatible formats, enabling quoting and binding and issuing policies in a single transmittal.
- RiskMetrics - for its concept of using geospatial mapping to provide market information, segmented by SIC class code and the insurers writing the coverage in selected geographic areas.
Three final winners of the Entrepreneurial Insurance Awards -- one in each category of underwriting, distribution and technology-- will be announced in December and profiled in Insurance Journal.
For more information please contact Beth Showalter - 972-934-4264 - bshowalter@einsurancesymposium.com
