Category Archives: Business: Insurance

Press Releases from the Insurance world, What’s new, Popular, Trending and News Worthy. In the ever changing industry of Insurance.

Business: Insurance

Morgan, Trevathan & Gunn Insurance Named Agency of Excellence by Prominent National Carrier

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BENTON, Ky. (PRWEB)

Benton-based Morgan, Trevathan & Gunn, Inc. (MTG) was honored with the 2019 Agency of Excellence Award by Sentry Insurance, a Fortune 1000 carrier. Sentry also named Michael Martin, vice president and partner, as its Producer of Excellence.

The carrier’s Transportation Agency Awards were designed to recognize individuals and agencies who excel beyond average performance and strive to ensure a mutually beneficial partnership. The Agency of Excellence Award was specifically given to MTG for many achievements including:

  • A closing ratio 20% above average

  • Solid retention

  • Growth in accounts

  • Profitability

“Being recognized by a titan of our industry is evidence of our agency’s commitment to quality.” “Our work every day is to provide our clients with the financial support they need when they need it. Winning awards for that work makes our efforts all that more rewarding.”

Sentry boasts a strong relationship with MTG and its customers spanning more than 25 years. MTG and Sentry connect businesses and individuals with quality insurance products in the ever-growing trucking industry. MTG has been in the trucking insurance industry for more than 70 years.

Founded in 1934, Morgan, Trevathan & Gunn offers “Creative Insurance Solutions with a Passion for People,” with a long track record of excellence in trucking, commercial, worker’s comp, life, health, and property insurance. MTG has three offices located in Benton, Lexington and Fort Wright.

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Business: Insurance

How To Get Cheep Teen Car Insurance

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“Teens are considered high-risk, thus making them really costly to insure. However, there are some ways to lower the premiums”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Cheapquotesautoinsurance.com has released a new blog post that informs readers about how to save money on teen car insurance.

Being a teen automatically places a driver in the high-risk category. Auto insurance companies use several arguments related to age, lack of experience and teen-specific behavior. Plus, statistics show that they are right: teens are riskier drivers. However, there are ways to lower car insurance costs for teens. Find out how and get free quotes at http://cheapquotesautoinsurance.com/how-to-make-teen-car-insurance-cheaper/


  • Study hard and reap valuable discounts. Teens that have really good grades are regarded as more responsible. Companies also assume that they spend more time preparing for courses, rather than venturing outside and exposing themselves to accidents. The good-student discount can reduce insurance costs by 5%-15%. Some companies offer discounts as high as 35%. This will seriously offset insurance costs.

  • Graduate approved defensive driving courses. Teens who graduated defensive driving courses are also rewarded with cheaper premiums. These courses will improve the driver’s skills and knowledge. They will also offset some license points, thus avoiding further price increases. Before enrolling in a class, make sure that the insurer approves it. It is best to ask if the insurer offers defensive driving programs. It is in their best interest to keep a pool of safe drivers as clients.

  • Buy a safe car. Car’s make, model and details will influence the overall costs. It is recommended to let the teen drive a safe, medium-size car. They come equipped with all sorts of devices and systems that lower the accident risk. Avoid buying deluxe or sports cars. The combo teen-car will make the insurance extremely expensive.

  • Sign a driving contract and agree to respect certain driving habits. Teens can lower insurance costs if they sign a contract where several conditions are stipulated. For example, the teen agrees to always wear a seatbelt, to close all mobile devices while driving, avoid DUI and avoid coming to dorm rooms very late. Violating those conditions will make the insurer automatically deny any claim.

Cheapquotesautoinsurance.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://cheapquotesautoinsurance.com.

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Business: Insurance

ERISAPros Joins Vertafore’s Orange Partner Program Collaboration to Streamline Data Integration and Reduce Compliance Risk for Brokers

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We envision our Agency Partners improving their efficiency in regulatory-related account management practices with the BenefitPoint integration inside “Wrap-Tight(sm),” said Michelle Lewis, BenefitPoint Product Manager.


ATLANTA (PRWEB)

ErisaPros, LLC announces its membership in Vertafore’s Orange Partner Program, which will allow ERISAPros to retrieve client data from Vertafore’s benefits management system, BenefitPoint®, and utilize it to prepare Wrap Plan Documents using its proprietary document builder, Wrap-Tight(sm). Vertafore is the leader in integrated software for independent agents, MGAs, carriers, and states and regulators.

The Orange Partner Program provides open access and integration opportunities with Vertafore application programming interfaces (APIs) for customers and partners. The program also extends to third-party technology providers, such as ERISAPros, which is joining the program to streamline solutions for agencies and brokers.

The ability to transfer client data directly from BenefitPoint® to Wrap-Tight(sm) will alleviate multiple data entry efforts, saving time, and improving accuracy. Using the same preparer for the Wrap Plan as for the Form 5500 reduces risk for the agency and broker that may arise when the description of benefits, plan name, plan number, and/or the plan sponsor reflected on the Form 5500 is inconsistent with the information provided in the Wrap Plan Document and SPD.

“We envision our Agency Partners improving their efficiency in regulatory-related account management practices with the BenefitPoint integration inside “Wrap-Tight(sm),” said Michelle Lewis, BenefitPoint Product Manager.

ERISAPros’ proprietary Wrap-Tight(sm) compliance and document system allows an employer to save time and money by integrating all of its benefit plans into one document rather than preparing a document for each separate plan. This approach permits an employer to file one Form 5500 and distribute a single SPD, Summary Annual Report (SAR), and Summary of Material Modifications (SMM). If amendments are required in response to benefit or regulatory changes, the employer only needs to make changes to one document, rather than for each separate component benefit plan.

About ERISAPros

ERISAPros is a premium provider of ERISA reporting and disclosure consulting and compliance services, such as Form 5500s, Wrap Plan Documents, SPDs, and Premium Only Plans (POPs) for welfare benefits including group life, medical, dental, and disability insurance plans. The integration of Wrap-Tightsm with Vertafore’s client management system, BenefitPoint®, reinforces ERISAPros’ dedication to being an industry-leading, cutting-edge provider in the ever-evolving and fast-paced U.S. health and welfare benefits industry. ERISAPros has preferred partnership agreements with six of the top ten U.S. benefit brokers.

About Vertafore

For over 50 years, Vertafore, the leader in modern insurance technology, has built and supported superior InsurTech solutions to connect every point of the distribution channel. Vertafore’s agency management, ratings, regulation, compliance, and connectivity products streamline workflows, improve efficiency, and drive productivity for more North American insurance professionals than any other provider – including more than 20,000 agencies, over 1,000 carriers, and 23 state governments. Through a continual focus on operational excellence, development of innovative solutions, and alignment with key industry partners, Vertafore is leading the way for customers of all sizes by delivering results that make a difference. For more information about Vertafore, visit http://www.vertafore.com.

Contact

Michael Eaton

Vice President of Sales

ERISA Pros, LLC

1455 Lincoln Parkway, Suite 315

Atlanta, GA 30346

Direct: 678-443-4009 | Cell: 404-307-8548

Email: meaton@erisapros.com

Web: http://www.erisapros.com

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Business: Insurance

Julie Mix McPeak Appointed to Federal Reserve Board’s Insurance Policy Advisory Committee

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NASHVILLE, Tenn. (PRWEB)

Julie Mix McPeak, a shareholder in the Nashville office of global law firm Greenberg Traurig, LLP, has been appointed as one of the inaugural 21 members of the Board of Governors of the Federal Reserve System’s Insurance Policy Advisory Committee (IPAC). The inaugural IPAC members will serve staggered terms ranging from one to three years.

The IPAC provides information, advice, and recommendations to the Federal Reserve Board on domestic and international insurance issues, including negotiations at the International Association of Insurance Supervisors (IAIS), according to a release from the Federal Reserve Board. The inaugural IPAC members have expertise in life insurance, property and casualty insurance, and reinsurance.

“I am honored to have the opportunity to serve the Federal Reserve System as an advisor to its Board of Governors, particularly as one of the inaugural members of the Insurance Policy Advisory Committee,” said McPeak, who is a member of Greenberg Traurig’s Government Law & Policy Practice. “I look forward to drawing on my experience in the public and private sectors to work with the highly distinguished members of the committee and the board to inform decisions on a wide range of insurance-related issues.”

McPeak, a former commissioner of the Tennessee Department of Commerce and Insurance, focuses her practice on insurance law and insurance regulation issues. McPeak has more than 25 years of legal and administrative experience in state government and was the first woman to serve as chief insurance regulator in more than one state, having also served as the executive director of the Kentucky Office of Insurance.

“We congratulate Julie for her appointment to the Insurance Policy Advisory Committee and believe that it is a testament to her expertise and passion for the industry,” said Fred E. Karlinsky, co-chair of Greenberg Traurig’s Insurance Regulatory & Transactions Practice. “Her background and extensive knowledge of the insurance industry will undoubtedly make her an asset to the Federal Reserve Board now and into the future.”

About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has approximately 2100 attorneys in 41 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: http://www.gtlaw.com, Twitter: @GT_Law.

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Business: Insurance

HazardHub Named to the InsurTech 100 list of the world’s most innovative companies

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https://www.prweb.com/

HazardHub InsurTech 100

“The InsurTech 100 recognition tells the world what our clients already know – if you want inventive, cutting-edge data, there’s really only one place to go. That’s HazardHub.” – John Siegman, HazardHub


SAN DIEGO (PRWEB)

HazardHub, the USA’s fastest-growing supplier of geospatial risk data, is delighted to announce our inclusion to the 2019 Insuretech 100 – a listing of the world’s most innovative Insuretech companies. The InsurTech100 for 2019 is announced by FinTech Global, a specialist research firm.

John Siegman, CCA of HazardHub says, “We are thrilled to be added to the InsurTech 100 list. From the beginning days of HazardHub, our goal has been to constantly invent new and more accurate data tools for our clients to appropriately judge risk. The InsurTech 100 recognition tells the world what our clients already know – if you want inventive, cutting-edge data, there’s really only one place to go. That’s HazardHub.”

The Insurtech (insurance technology) industry has seen huge growth in the last two years as insurance companies grapple with the challenges of digital transformation and new demands from customers. Nearly $10bn has been invested in insurtech companies since the beginning of 2017.

As a result, this year’s process to identify the leading 100 companies in the insurtech space was even more competitive than last year. A panel of analysts and industry experts voted from a longlist over 1,000 companies produced by FinTech Global and the finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the insurance value chain. A full list of the Insurtech 100 can be found at http://www.TheInsurTech100.com.

Bob Frady, CEO of HazardHub adds, “HazardHub’s mission has always been simple – to have the best data available for the property industry and combine it with flexible and robust technology. We’ve designed our system to be almost infinitely scalable for both adding data and for volume. We now deliver more than 700 data elements per API call and can process millions of records per week with our AWS-based technology stack. With more than 6,000,000 API calls, another 4 million batch records, and now this inclusion to the InsurTech 100, the insurance industry has taken notice of HazardHub.”

About HazardHub

HazardHub is your insurance policy against property risk.

Air. Fire. Water. Earth. Man-Made. HazardHub is the only third-generation provider of property-level hazard risk databases spanning the most dangerous perils in the continental United States. HazardHub translates huge amounts of geospatial digital data into easy to understand answers, providing easy to comprehend risk scorecards that are used to make real-world decisions. Our team of scientists provides comprehensive, and innovative, national coverage for risks that destroy and damage property. With more than 10,000,000 results returned to the market, HazardHub is fast-becoming the industry’s go-to vendor for property and risk data.

To learn more about HazardHub or to use our free lookups, visit http://www.hazardhub.com or reach us directly at support@hazardhub.com.

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Business: Insurance

A New Article Explains Why Drivers Should Renew Their Car Insurance Coverage

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“Renewing car insurance is the safest way to make sure that you drive legally. If you want to switch carriers, make sure not to create coverage gaps,” said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Autocarsinsurancetips.com has released a new blog post that explains the benefits of renewing car insurance and keeping the same insurance provider.

For more info and free car insurance quotes online, visit https://autocarsinsurancetips.com/why-you-should-renew-car-insurance/

With so many companies offering attractive prices, it may be really tempting to switch carriers. However, this is not always beneficial to the client. Find out why drivers must renew and why sometimes is better to stay with the same agency. Also, we recommend you to get multiple quotes from http://autocarsinsurancetips.com and compare prices before making any decision.

1.    First of all, clients must renew car insurance in order to drive legally. Each state imposes a degree of financial responsibility for its drivers. Driving without insurance provides reasons for being fined, having licenses suspended and having the vehicle impound.

2.    Renewing car insurance prevents coverage lapses. Car insurance companies view with suspicion drivers who do not take care of their coverage when it is about to expire. Any coverage gap will make the company charge extra the policyholder. Companies can reinstate coverage if the lapse is not that big, but after 2-3 days, it will become a problem. Each company has its own policy regarding coverage lapses and providing coverage.

3.    Keeping the same agency can provide various benefits. Some discounts are activated after several years of continuous coverage. The most important ones are the loyalty discount and the no-claim bonus. Switching the carrier will nullify these bonuses.

Autocarsinsurancetips.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://autocarsinsurancetips.com

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Business: Insurance

Prime Care Technologies Enhances Managed Care MASTER with PDPM Predictive Tools and Physician Certification

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DULUTH, Ga. (PRWEB)

Prime Care Technologies, Inc. today announced enhancements to Managed Care MASTER, the application that syncs patient care with payer contracts to optimize reimbursement. The new functionality empowers healthcare providers with improved assessment capabilities for Patient Driven Payment Model (PDPM) reimbursement, as well as physician certification compliance.

The PDPM Grouper Tool and HIPPS Calculator within Managed Care MASTER work together to better assess and predict PDPM revenue at pre-admission. Once the PDPM Grouper Tool identifies the HIPPS code for a resident, the HIPPS Calculator then estimates revenue for the patient stay.

Also added to Managed Care MASTER, the Physician Certification feature alerts providers of required physician certification/recertification per The Centers for Medicare and Medicaid Services (CMS) timelines. Operators can upload the signed forms to the application for easier compliance.

“Now that all Medicare beneficiaries have moved from RUG to PDPM billing, we’ve updated Managed Care MASTER to help predict PDPM revenue – a giant stride for operators in their initial assessments,” noted Cheryl Field, Chief Product Officer. “Our two PDPM tools work together so operators can visualize the per diem rate over time and make better decisions on admission.”

About Prime Care Technologies

Since 2003, Prime Care Technologies has equipped long-term care providers with flexible hosting, managed services and cloud software that evolve with industry demand. Based in Atlanta with 150 employees and 200+ healthcare/IT partnerships, its technology-driven solutions are installed in 6,500+ facilities. With deep multi-vendor interoperability expertise, including the integration of 70+ healthcare applications and 3,500+ EDI payers, Prime Care Technologies offers the leading data warehouse and claims clearinghouse in post-acute care. Learn more at http://www.primecaretech.com.

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Business: Insurance

EverythingBenefits Adds ACA Compliance and Reporting to Product Suite

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https://www.prweb.com/

EverythingBenefits

Leading provider of next-generation automated benefits technology, EverythingBenefits, announces the expansion of its solutions suite to include enhancements for its ACA Compliance and Reporting.


NEW PROVIDENCE, N.J. (PRWEB)

Leading provider of next-generation automated benefits technology, EverythingBenefits, announces the expansion of its solutions suite to include enhancements for its ACA Compliance and Reporting. The offering calculates and monitors compliance on a monthly basis, as well as handles annual compliance.

The benefits space has seen a tremendous evolution over the past seven years. This latest solution from EverythingBenefits helps bridge the industry gap with the latest regulatory requirements on the federal and state level with intuitive user experience and powerful analytics. As an extension of the service, the EverythingBenefits Compliance and Reporting feature provides users with a better ability to predict and plan for the future needs of their businesses.

“As regulatory standards and legislation continue to evolve throughout the industry, companies are dealt the headache of maintaining their compliance using outdated processes and solutions,” says Dmitry Korsunsky, CIO and Co-founder of EverythingBenefits. “At EverythingBenefits we are driving to ensure that our service remains nimble and up to date with the latest regulations without HR teams having to suffer through manual processes.”

The ACA Compliance and Reporting offering is available as a standalone product or in conjunction with any of the EverythingBenefits products and services.

“We are committed to providing our customers with an accessible, streamlined experience,” explains Korsunsky, “As the benefits space continues to transform we strive to expand our solutions and services to meet the ever changing needs of our customers. That way they can focus their time and resources on the advancement of their businesses.”

Since 2015, EverythingBenefits has partnered with hundreds of insurance carriers and benefit providers to make benefits enrollment and administration a less strenuous undertaking – most recently, the platform has integrated artificial intelligence and expanded their offerings to the PEO network. To learn more visit http://www.everythingbenefits.com.

About EverythingBenefits

EverythingBenefits is a leading provider of benefits technology and services, committed to delivering next generation end-to-end benefits solutions that include AI-Powered Benefits Enrollment and Management, COBRA compliance and other benefits automation products. The solutions can be deployed as a standalone or in conjunction with other products in the EverythingBenefits suite. The company’s philosophy is that technology should make life simpler, more rewarding, and more enjoyable. For more information, please visit our web site at http://www.everythingbenefits.com or connect with us via LinkedIn, Twitter, or Facebook.

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Business: Insurance

Paperless Solutions Group Along With Levinson & Associates Rollout Revolutionary Consumer Insurance Buyers Portal for All Agents

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InsureMeNowDirect delivers an instant solution to consumers and lets them quickly continue through the application process independently or with an agent’s assistance. It’s the first and only solution of its kind that satisfies the needs of both agents and consumers.


GAINESVILLE, Fla. (PRWEB)

Paperless Solutions Group (PSG),the premier provider of digitizing processes in the insurance marketplace, announced today that along with Levinson & Associates, Inc, one of the industry’s leading Independent Marketing Organizations, has brought to market a unique insurance portal, named “InsureMeNowDirect,” allowing consumers to quickly self- quote and apply for a variety of insurance products by multiple carriers.

Unlike other consumer insurance sites,”InsureMeNowDirect” provides a revolutionary, new feature that gives the consumer an option for instant access to a local agent in their very own neighborhood and gives the agents instant access to complimentary leads/prospects. It is estimated that more than 70% of on-line insurance applications are abandoned due to customer questions that could have been resolved by a quick, in-person meeting or call with an agent. “InsureMeNowDirect” taps into the vast Levinson network of 17,000+ producers across the country that easily solves that problem.

“As an Independent Marketing Organization, our goal has always been to help our producers protect more families by offering insurance products that truly meet their needs,” said Bill Levinson, Managing Partner, Levinson & Associates. We recognize that more and more consumers are trying to purchase insurance on-line, however most struggle with the lengthy application process, as well as identifying the best product for their needs. “InsureMeNowDirect” delivers an instant solution to consumers and lets them quickly continue through the quote-application-approval process independently or with an agent’s assistance. It’s the first and only solution of its kind that satisfies the needs of both agents and consumers.

Over the past decade, Levinson & Associates, Inc. has become a national marketing powerhouse amongst the insurance community. The organization will be expanding their reach in the direct marketing channel to engage end consumers with the “InsureMeNowDirect” site and automatically match visitors with the closest producer. The “InsureMeNowDirect” platform is yet another technology program that continues to build upon the Levinson & Associates guiding principle that the relationship with their producers and General Agents is their most important asset. And finally, at Bill Levinson’s insistence, “InsureMeNowDirect” was developed as a tool to help their producers and General Agents elevate their practices and make more sales by becoming the best and most efficient professionals as possible.

Jeff McCauley, President at Paperless Solutions Group, stated that “The team at Levinson & Associates have been longtime clients and friends. They’ve always been progressive when it comes to offering technology to the field. When Bill approached us about “InsureMeNowDirect” we were thrilled to bring the vision to reality. We’re very excited to continually bring on new insurance carriers and products to the platform.”

PSG is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Our products and services provide unparalleled automation and integration for the insurance services industry. These innovative offerings conduct millions of transactions annually by enabling the presale, new business and underwriting, point of sale, and post-sale support. To learn more about PSG, please visit http://www.psginc.co.

To learn more about insuremenowdirect & Levinson and Associates, email info@carylevinson.com, or contact Bill Levinson, Managing Partner.

Media Contact:

Paul Carter, Chief Marketing Officer | pcarter@psginc.co | 322.331.6262 x 225

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Business: Insurance

The Best Guide For Comparing Car Insurance Quotes Online

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“Online car insurance quotes are very easy to obtain and will help you get the right coverage for your needs and budget.” said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Cheapquotesautoinsurance.com has released a new blog post that explains how to compare car insurance quotes online in a simple and efficient manner!

An auto insurance quote offers a price estimate for a selected policy. Clients can use multiple quotes to compare and review offers from different insurance agencies and then choose the right coverage plan for them. For more info and free quotes, visit http://cheapquotesautoinsurance.com/how-to-compare-auto-insurance-prices-online/

However, there are certain rules to follow when it comes down to comparing online quotes:


  • Make sure to get quotes for the same product. Do not compare prices for different products. For example, the price for collision will be totally different from the one for comprehensive because different factors are analyzed.

  • Use at least 5 quotes to compare prices. Make sure to gather a sufficient number of quotes for a fair comparison. If the quotes are for the same product and are accurate, the prices should not differ a lot.

  • Being honest is recommended when filling in the form. Sure, by lying or not providing the correct info, the client will get better prices online. But when the real negotiations start, the client will be closely analyzed by the insurance representatives. And the final price will be totally different from the ones obtained online.

  • Have important documents nearby when getting quotes. This will ensure that the data provided is correct. When checking prices online, make sure to have documents about car’s make and model, driving license and driving reports.

  • Clients should not be guided only by price. Drivers can surely sort the quotes by price and deduce quite easily which one is the cheapest. But the aim is to get the best for your needs, not the cheapest for everything. Check carefully what’s behind the numbers and what services are offered. And do not be afraid to contact the insurers and ask for additional explanations.

  • Diversify the sources. Get quotes from both aggregator website or directly from the companies. Compare results. If the quotes are good and the previous rules were applied, the numbers should not be that far apart.

Cheapquotesautoinsurance.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://cheapquotesautoinsurance.com

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