To help retirement plan sponsors meet the business demands of a rapidly changing economy, Transamerica Retirement Services is announcing a new service to assist sponsors with their administrative duties. “Plan Administration Service Support” (PASS) by Transamerica gives plan sponsors the opportunity to delegate day-to-day plan administration responsibilities to Transamerica – including plan maintenance and mailings, [...]

Insurers Administrative Corporation, IAC (www.iacusa.com), and TelaDoc Medical Services (www.teladoc.com) jointly announced today that IAC will distribute TelaDoc’s comprehensive telehealth tools and physician or patient-selected cross-coverage programs. IAC, headquartered in Phoenix, Arizona, is a member of the IHC Group (www.ihcgroup.com), an organization of insurance carriers, managing general underwriters, third-party administrators and marketing affiliates that have [...]

a nonprofit alliance of health plans and trade associations working to simplify healthcare administration, announced today that the American Medical Association (AMA) has endorsed its Committee on Operating Rules for Information Exchange (CORE) initiative.
Joseph M. Heyman, MD, chair of the AMA Board of Trustees, offered the following statement of support for CORE: “The standardized operating [...]

Duck Creek Technologies, Inc. a leading provider of software and service solutions for the insurance industry, today announced that United America Indemnity Group, Inc. (”United America”) has implemented Duck Creek’s Policy Administration solution for a number of its Commercial ISO lines products. The PA-based carrier went live within six months with a custom Vacant Property [...]

After thorough review of multiple agency management platforms, AgencyWorks receives a formal endorsement from National Brokerage Consortium (NBC) as the common platform of choice for all NBC members.
According to NBC Secretary Pete Caneer, “In world, insurance companies are looking for efficiencies from the national marketing organizations (NMOs) they deal with. If an NMO adopts a [...]

Health Net Federal Services, LLC, the government operations division of Health Net, Inc. released the following statement today in response to the Department of Defense’s release of the TRICARE contract awards:
“Health Net Federal Services is disappointed not to be selected by TRICARE Management Activity (TMA) for the Managed Care Support Contractor in the TRICARE North [...]

Fox Insurance Company (the Company), a New York-based Medicare Part D provider announced today that it has contracted with Senior Financial Solutions (SFS) to provide sales support for their new EGWP product (employer & union sponsored retiree benefits). This new alliance will provide Fox Insurance Company with additional independent representatives who will market Fox’s products [...]

new economic reality means consumers can no longer rely on what’s worked for them in the past. And the ever-changing life insurance marketplace means financial professionals must find even more creative solutions to their clients’ needs.
To meet those needs, Nationwide Financial Services, Inc. launched the newest version of its YourLife® suite of life insurance products [...]

After delivering custom third party administration (TPA) solutions to an impressive client base for more than two decades, Crawford & Company announced today that its United Kingdom TPA operation is now Broadspire, a Crawford company. This exciting step in the continuing evolution of Broadspire globalizes the well-respected Broadspire name and provides clients with international [...]

Assurant Employee Benefits, a national carrier of life and disability insurance and dental coverage, today announces the formation of a new Administrative Services department in Seattle, Wa.
The new department was formed with the acquisition of certain capabilities, technology assets, and employees of a Seattle-based Third Party Administrator (TPA), Administrative Systems, Inc., with which the company [...]