Abstracts - faqs.org

Abstracts

Insurance

Search abstracts:
Abstracts » Insurance

Technology to go

Article Abstract:

Some insurers have turned to marketing software, enabling them to share the cost for technological developments and to earn from technology ventures. Selling technology can also indirectly perk up insurance premiums. Four companies, namely, Blue Cross & Blue Shield of South Carolina, Cigna Corp, Dodson Group and Lincoln National Reinsurance Cos, have all discovered a new role as vendors of software. Cigna has a software development arm called Cigna Software Sciences, Blue Cross & Blue Shield of South Carolina has spun off Companion Information Management Resources, Lincoln National markets its Life Underwriting System and Dodson Group sells data warehousing software.

Author: Hann, Leslie Werstein
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1997
Prepackaged software, Software, Insurance, Cover Story, Science and technology policy, CIGNA Corp., CI, Insurance industry software, Blue Cross and Blue Shield of South Carolina, Lincoln National Reinsurance Co., Dodson Insurance Group

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Melting in the hands of M&M

Article Abstract:

Marsh & McLennan Companies Inc (M&M) has acquired Johnson & Higgins for $1.8 billion in cash and stock. M&M becomes the largest insurance brokerage in the United States with the acquisition. Johnson & Higgins was the third largest brokerage and was privately held. A new subsidiary will be formed to handle the combined insurance operations and will be called J&H Marsh & McLennan Inc. M&M is continuing negotiations to purchase the Minet Group.

Author: Hann, Leslie Werstein
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1997
Management, J&H Marsh and McLennen Inc.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Melting in the hands of M&M: Johnson & Higgins joins the Marsh & McLennan fold, creating the world's largest insurance brokerage

Article Abstract:

Marsh & McLennan Cos' $1.8 billion acquisition of Johnson & Higgins will create the largest insurance brokerage in the world. J&H Marsh & McLennan Inc, the new company to be formed as result of the merger, will combine insurance services operations of Marsh & McLennan Cos and Johnson & Higgins, and executives from both companies will manage it. Both companies have been leading brokers for Fortune 1000 customers.

Author: Hann, Leslie Werstein
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1997

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Insurance industry, Mergers, acquisitions and divestments, Insurance brokers, MMC, Marsh & McLennan Companies Inc., Johnson & Higgins (New York, New York)
Similar abstracts:
  • Abstracts: Dancing the technology tango. Getting ahead by sending out. Profit from the growing information revolution
  • Abstracts: Client/server technology gives competitive edge. Fading into the background. Manage IT assets before they're out of control
  • Abstracts: Taking stock. Getting instant answers can be a slow process
  • Abstracts: An introduction to insurance applications on the World Wide Web. Privacy and insurance web transactions
  • Abstracts: A look at ratings trends. Decision time is running out. Shakeouts don't happen overnight
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.