June 2011 Newsletter

Summer Edition | June 2011

Beyond Products: Building the High-Speed Specialty Lines Platform

With guest speaker Karlyn Carnahan of Novarica

Specialty Insurers are increasingly targeting specific niches with customized products. Ideas are plentiful but it's the execution that's hard, and seems to grow harder with each new niche.

Join us as we discuss how some insurers are reinventing the product pipeline, capturing market share, and improving underwriting profitability by modernizing their underwriting and front-end infrastructure.

Register now to attend!

Preferred Concepts Selects FirstBest’s Front Office Suite To Expand Agent and Carrier Bases and Power More Programs.

Read about the MGU’s Plans

Follow FirstBest, and underwriting news on Twitter.
Twitter.com/FirstBest

You’re busy. Summer is coming. So, we thought we’d help. Here are some notable news and views. Happy reading!

PropertyCasualty360
Commercial-Lines Agents See Faint Light at End of Soft-Market Tunnel
As the economy improves, workers’ comp, commercial auto show signs of price increases.

Insurance Networking News
Insurer Software Deals Slow
Despite improvements in economy, insurers’ software buys reflect long decision times, slowdown in closed deals.

PropertyCasualty360
The Jetsons and Underwriting
More than a few insurers embark on a plan to automate underwriting without really understanding that different levels of automation are possible.

Collaborative Underwriting Blog
More Apps, Better Book
You might think that Harvard, the most selective college in the country, has the very best pool of applicants every year. But apparently, Harvard thinks it can do even better. Underwriters take note.

Insurance Networking News
P&C Underwriters Spend Too Much Time on Admin Processes
Survey finds P&C insurers want to focus their underwriters on high-value tasks, such as those that improve relationships with producers.

Do you have an interesting arcticle you'd like to share with us? Send them to newsletters@firstbest.com

Best regards,

Meira Primes
FirstBest Systems