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New Product Announcements: Apr. 21, 2009




SOLUTIONS

VERACODE announced that it expanded its SecurityReview cloud-based subscription service, which can help organizations simplify the management of application security risk > and regulatory compliance. Among other things, the platform enables organizations to identify, classify and track their entire application portfolio from a central console and set security policy based on compliance or industry standards.

GUIDEWIRE SOFTWARE partnered with AGENCYPORT INSURANCE SERVICES to provide Guidewire PolicyCenter customers with real-time, application upload and transaction capabilities using AgencyConnect and AgencyPortal. This solution can help make quoting more efficient and user-friendly.

WILLIS GROUP HOLDINGS is offering its Online Market Security tool to clients so they can better track, monitor and report on the financial stability of their insurance carriers. The tool is interactive, automated and secure and provides clients with the ratings and financial info on their insurers.


INFORMATION

ADVISEN will now offer the rmLibrary service to all < risk > managers, brokers and underwriters who subscribe to its news and information service, in conjunction with an information provider called Libraries & Directories. The material covers 30,000 Web page resources.

ADVISEN also announced a partnership with AMAXX < RISK > SOLUTIONS to release cost-containment tools designed to help < risk > and workers' comp managers to reduce their workers' comp insurance costs. Created by expert Rebecca Shafer, the Workers Comp Kit is suitable for small, midsize and larger employers.

The < RISK > AND < INSURANCE MANAGEMENT SOCIETY INC. launched a new online networking platform for members called RIMS Community, which will include an enhanced member directory, allows members to blog, create peer networks and interest groups, share white papers and other documents and more.

COVERAGES

Insurance broker AON CORP. introduced an integrated suite of insurance products for middle-market tech companies that will deliver coverage enhancements normally reserved for larger entities. Called Aon Preferred for Technology, the coverages were developed in conjunction with Zurich North America's Commercial Middle Market Technology unit.

RLI CORP. released a new fiduciary liability coverage, which includes insured person coverage that explicitly includes estate, heir, legal representative or assign as well as a trust which holds assets contributed, loss that explicitly includes coverage for HIPAA penalties with no retention applicable, an ERISA definition; and claim that explicitly includes demand for arbitration, among other things.




April 21, 2009

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