Workers' compensation

VALUEMOMENTUM SUPPORTS PEKIN INSURANCE'S BUSINESS EXPANSION TO A NEW STATE ON GUIDEWIRE INSURANCESUITE

Retrieved on: 
Tuesday, March 14, 2023
Cloud, Policy, News, Guy-wire, Insurance, Growth, Workers' compensation, Partnership, Mobile phone, Management

PISCATAWAY, N.J., March 14, 2023 /PRNewswire/ -- ValueMomentum, a leading provider of IT services and solutions for insurers, today shared the news of Pekin Insurance's successful rollout of commercial lines to Utah, a new state, expanding the company's geographic footprint. ValueMomentum partnered with Pekin Insurance to configure its Guidewire InsuranceSuite with commercial lines for the state of Utah – as part of a fixed fee engagement.

Key Points: 
  • ValueMomentum led a successful implementation of commercial lines on the Guidewire InsuranceSuite platform for Pekin Insurance Utah state rollout.
  • ValueMomentum partnered with Pekin Insurance to configure its Guidewire InsuranceSuite with commercial lines for the state of Utah – as part of a fixed fee engagement.
  • The Utah implementation entailed implementing commercial auto, workers' compensation, business owners' policy, commercial package product, and commercial umbrella in Guidewire InsuranceSuite and Guidewire ProducerEngage.
  • As Pekin Insurance's trusted vendor partner, ValueMomentum has been engaged with its Guidewire InsuranceSuite application providing application management, integration, testing and more recently upgrade services to the Guidewire Cloud Platform through its partnership with Guidewire.

Sapiens Wins 2023 Celent XCelent Award for Property & Casualty PAS in EMEA

Retrieved on: 
Monday, March 6, 2023
Length, Digital, TASE, General insurance, Insurance, P&C, Acquisition, Support, Property & Casualty Management Systems, GWP, Growth, Workforce, Sapiens International Corporation, SPNS, Luminary, Policy, Workers' compensation, Advanced technology, Property, Customer base, Research, Risk management, LATAM, Gerald Celente, Sapiens

HOLON, Israel, March 6, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens IDITSuite for Property and Casualty has won Celent's 2023 XCelent award for the Breadth of Functionality category in the EMEA region.

Key Points: 
  • Sapiens IDITSuite for Property & Casualty was recognized as a "Luminary" solution excelling in both Advanced Technology and Breadth of Functionality.
  • HOLON, Israel, March 6, 2023 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens IDITSuite for Property and Casualty has won Celent's 2023 XCelent award for the Breadth of Functionality category in the EMEA region.
  • Research and consulting firm Celent analyzed 46 policy administration systems for EMEA Property & Casualty (general) insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial industries.
  • Sapiens PolicyPro for P&C was named a Functionality Standout and Sapiens PolicyPro for Workers' Compensation was named a Noteworthy Solution.

Sapiens Wins 2023 Celent XCelent Award for Property & Casualty PAS in EMEA

Retrieved on: 
Monday, March 6, 2023
Length, Digital, TASE, General insurance, Insurance, P&C, Acquisition, Support, Property & Casualty Management Systems, GWP, Growth, Workforce, Sapiens International Corporation, SPNS, Luminary, Policy, Workers' compensation, Advanced technology, Property, Customer base, Research, Risk management, LATAM, Gerald Celente, Sapiens

HOLON, Israel, March 6, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens IDITSuite for Property and Casualty has won Celent's 2023 XCelent award for the Breadth of Functionality category in the EMEA region.

Key Points: 
  • Sapiens IDITSuite for Property & Casualty was recognized as a "Luminary" solution excelling in both Advanced Technology and Breadth of Functionality.
  • HOLON, Israel, March 6, 2023 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens IDITSuite for Property and Casualty has won Celent's 2023 XCelent award for the Breadth of Functionality category in the EMEA region.
  • Research and consulting firm Celent analyzed 46 policy administration systems for EMEA Property & Casualty (general) insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial industries.
  • Sapiens PolicyPro for P&C was named a Functionality Standout and Sapiens PolicyPro for Workers' Compensation was named a Noteworthy Solution.

G2’s Lauren Erickson Named 2023 Nonprofit Power Broker

Retrieved on: 
Wednesday, March 1, 2023
Insurance, Professional Services, Creativity, Transport, G2, Workers' compensation, Organization, YMCA, Workforce, Risk, Risk management, Culture, Climate risk insurance, Relation, Power Broker, Power, Erickson, Problem solving, Education, Management

Lauren Erickson, Nonprofit Practice Leader for G2 Insurance Services™, has been named a Power Broker® for 2023 by Risk & Insurance magazine.

Key Points: 
  • Lauren Erickson, Nonprofit Practice Leader for G2 Insurance Services™, has been named a Power Broker® for 2023 by Risk & Insurance magazine.
  • Erickson was awarded Power Broker status in 2020 as well.
  • A Risk & Insurance Power Broker is an individual who stands out among their peers for the exceptional client work they have delivered over the past year.
  • The Risk & Insurance® Power Broker® Awards are an annual selection of the most effective and influential commercial insurance brokers.

Insurance AI Leader EvolutionIQ's Funding Total Rises to $33.1M With Series B Round While Valuation Passes $200M

Retrieved on: 
Tuesday, February 28, 2023
Foundation Capital, Software as a service, Principal, Workers' compensation, Insurance, Organization, Disability, Software, Engineering, First Round Capital, Workforce, Meta, Property & Casualty Management Systems, AI, Attention, Property, Bloomberg, Artificial intelligence, Compensated emancipation, Injury, FirstMark Capital, Data science, Cryptocurrency, Amazon, New York Life Insurance Company

Brewer Lane Ventures led the round, with participation from all major existing investors including First Round Capital, FirstMark Capital and Foundation Capital, and joined by Principal Financial Group®, the major insurance company and existing EvolutionIQ customer.

Key Points: 
  • Brewer Lane Ventures led the round, with participation from all major existing investors including First Round Capital, FirstMark Capital and Foundation Capital, and joined by Principal Financial Group®, the major insurance company and existing EvolutionIQ customer.
  • "Every pilot we completed turned into a production customer and our existing customers are rapidly implementing new software modules from us.
  • The proceeds will be used to continue to expand the company's engineering, data science, product, and customer success teams and to expand internationally.
  • "I continue to be impressed by the dramatic ROI that EvolutionIQ consistently delivers to every customer that adopts its software.

Upswing Health Partners with WLT Software Enterprises to Expand Availability of Support for Patients with Musculoskeletal Ailments

Retrieved on: 
Tuesday, February 14, 2023
Health, TPA, WLT, Workers' compensation, MSK, Software, Patient, Partnership, Health insurance

STAMFORD, Conn., Feb. 14, 2023 /PRNewswire-PRWeb/ -- Upswing Health, the surgeon-founded musculoskeletal (MSK) healthcare innovator, today announced it has partnered with WLT Software Enterprises, a benefit plan management solution, to deliver care to patients with MSK conditions via a delivery model that can reduce costs by up to 40%. Upswing will be available to WLT's network of more than 65 Third-Party Administrators (TPA) nationwide. Both companies regard this partnership as an opportunity to significantly impact and enhance the delivery of value-based care for MSK patients.

Key Points: 
  • Both companies regard this partnership as an opportunity to significantly impact and enhance the delivery of value-based care for MSK patients.
  • WLT Software is a leading national provider of benefits administration, claims processing, workers' compensation, and consumer-driven healthcare.
  • Most of these patients suffer from low-to-medium acuity problems that Upswing can potentially resolve with its virtual platform.
  • Using a combination of coaches, sophisticated technology and orthopedic specialists, Upswing helps MSK patients resolve many of their conditions at home.
    "

Magistrate Ruling Vacates Ohio BWC Decision On 2018 Group Retrospective Refunds

Retrieved on: 
Friday, February 10, 2023
BWC, Political lists, Appellate court, Workforce, Bernhard Roetzel, TPA, Spooner, Ohio Bureau of Workers' Compensation, Senior, Complaint, Ohio Revised Code, Workers' compensation, Retro style, Misdemeanor Appellate Court, COVID-19, Health insurance, Online shopping, Finance

of Kent, Ohio, vacating a 2020 Ohio Bureau of Workers' Compensation (BWC) decision to withhold 2018 Group Retrospective program refunds from participating Ohio employers.

Key Points: 
  • of Kent, Ohio, vacating a 2020 Ohio Bureau of Workers' Compensation (BWC) decision to withhold 2018 Group Retrospective program refunds from participating Ohio employers.
  • In response to COVID-19 and its financial impact on employers, BWC approved a dividend of $1.6 billion to be distributed amongst Ohio employers in April 2020.
  • After filing of the initial complaint alleging that BWC lacked the authority to withhold Retro refunds – BWC then changed the Revised Code, granting themselves the authority.
  • This decision may impact all 2018 Group Retro participants, not just Kent Elastomer and other Spooner clients.

AANP Statement on Federal Legislation to Improve Health Care for Injured Federal Workers

Retrieved on: 
Tuesday, January 31, 2023
Kapu, AANP, House of Representatives, Human voice, Federal Employees Health Benefits Program, House, Senator Brown, Nursing, Workforce, Legislation, Health policy, Practitioner, NP, Patient, FAAN, Research, APRN, Congress, Workers' compensation, NPS, Education, Dan Sullivan (U.S. senator), Multimedia, DNP, Senate, Sens, Courtney

618, the Improving Access to Workers' Compensation for Injured Federal Workers Act, in both the U.S. Senate and House of Representatives by Sens.

Key Points: 
  • 618, the Improving Access to Workers' Compensation for Injured Federal Workers Act, in both the U.S. Senate and House of Representatives by Sens.
  • Today, federal employees can choose a nurse practitioner (NP) as their health care provider under the Federal Employees Health Benefits Program, yet outdated federal law prevents these same providers from certifying and overseeing the care of federal employees' workplace-related injuries.
  • This bill would ensure federal workers receive access to high-quality health care for work-related injuries from their chosen health care provider.
  • "This bipartisan legislation would give federal workers timely access to the care they need when they need it most," said AANP President April Kapu, DNP, APRN, ACNP-BC, FAANP, FCCM, FAAN.

Business-Focused Insurtech Coverdash Announces Launch After Oversubscribed Seed Round

Retrieved on: 
Monday, January 23, 2023
Fintech, MidOcean Partners, CRC, Insurance, Workers' compensation, API, Professional employer organization, Engineering, Cryptocurrency

NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, is pleased to announce the company's official launch and the closing of an oversubscribed seed funding round.

Key Points: 
  • NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Coverdash , a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, is pleased to announce the company's official launch and the closing of an oversubscribed seed funding round.
  • Through relationships with many of the world's most recognized insurers, Coverdash provides the coverages growing businesses need at the most affordable rates.
  • "Insurtech 2.0 is here, marking the next phase of the embedded fintech revolution," said Ralph Betesh, co-founder and CEO of Coverdash .
  • This funding round will contribute to Coverdash's ongoing expansion and development through increased product innovation, go-to-market initiatives, and strategic hiring.

Five James Scott Farrin Attorneys Recognized on "Super Lawyers" 2023 North Carolina 'Super Lawyers' and 'Rising Stars' Lists

Retrieved on: 
Thursday, January 19, 2023
Lawyer, Workforce, Ones to Watch, Rising Star, Consumer protection, North Carolina Bar Association, Camilla massacre, Compensation, Workers' compensation, Steven Naifeh, Mass, Malpractice, Interstate 85 Business (North Carolina), Personal injury, Partner, Martindale-Hubbell, Research, Practice of law, Lawsuit

DURHAM, N.C., Jan. 19, 2023 /PRNewswire-PRWeb/ -- For the 18th consecutive year, James Scott Farrin Partner Gary Jackson was named to "Super Lawyers" 2023 North Carolina 'Super Lawyers' list. He was joined on the list this year by two other Partners of the firm, Coleman Cowan and Paul Dickinson.*

Key Points: 
  • James Scott Farrin Partners Gary Jackson, Coleman Cowan, and Paul Dickinson were selected for inclusion on "Super Lawyers" 2023 North Carolina 'Super Lawyers' list, and associates Chris Bagley and Casey Day were recognized on its 2023 North Carolina 'Rising Stars' list.
  • *
    DURHAM, N.C., Jan. 19, 2023 /PRNewswire-PRWeb/ -- For the 18th consecutive year, James Scott Farrin Partner Gary Jackson was named to "Super Lawyers" 2023 North Carolina 'Super Lawyers' list.
  • As head of the firm's litigation practice, James Scott Farrin Partner Cowan was named to the 2023 North Carolina "Super Lawyers" North Carolina 'Super Lawyers' list*.
  • Dickinson, a Partner of the firm, was once again recognized in 2023 on the "Super Lawyers" North Carolina 'Super Lawyer' list for civil litigation.