New Product Announcements

INFORMATION

AMAXX RISK SOLUTIONS released two new workers' comp guide books for employers. The first is titled "How to Manage Your Workers' Compensation Program and Reduce Your Costs 20% to 50%" and covers how to develop a cost-containment program. The second publication is titled "Facilitator's Guide: How to Implement a Workers' Compensation Management Program" and also discusses cost-containment programs. They can be ordered online.

SURESCRIPTS, formerly known as SureScripts RxHub, the national electronic prescribing network, launched an e-prescribing Web site called the E-Prescribing Resource Center. It's designed for payers, providers and policymakers, among others.



LIBERTY MUTUAL published a report and Web site for benefits and HR managers about best practices for managing employee absences, based on findings from meetings sponsored jointly with the Disability Management Employer Coalition.

TRAVELERS launched an enhanced Risk Control Web site for customers and agents, providing easier access to industry-dedicated risk management tools. These include TravSources, collections of safety and risk management resources in the Risk Control Customer Portal.

COVERAGES

THE HARTFORD introduced first-party data privacy expense coverage and cyber extortion expense coverage to its FailSafe suite of technology liability coverages. The data privacy expense coverage pays for actual expenses incurred as a result of a policyholder's negligent acts, errors or omissions that result in the improper dissemination of nonpublic personal information, or a breach or violation of data privacy laws. The cyber extortion expense coverage addresses expenses incurred by a policyholder in the event of an extortion threat to cause an actual interruption, suspension or failure of the company's computer system.

HEALTHMARKETS INC. now offers CoverFirst: A Scheduled Benefit Plan and the ProtectionPlus PPO Plan to consumers. The North Richland, Texas-based health insurer intends the plans to provide personalized health insurance to individuals, families and the self-insured, who are under increasing pressure due to increased unemployment levels and the erosion of the employer-based healthcare system.

DARWIN PROFESSIONAL UNDERWRITERS, a member company of the Bermuda-based Allied World Assurance Co. Holdings Ltd., rolled out its new U.S. admitted, standard market Lawyers Professional Liability coverage, which is designed for small to midsize firms with one to 25 attorneys, annual revenues of $50,000 and above, and all practice areas.

SOLUTIONS

Nashville-based NTELAGENT INC. released a Web-based insurance verification tool, as an added feature to its Self-Pay Management System. The new tool provides real-time insurance and benefits information at the point of service, allowing healthcare registrars and financial counselors to know what to do and what to say to each patient.

THE HARTFORD made nurses on call a standard claims service for all new short-term disability clients with 50 or more workers. This service will also be rolled out to existing clients over time. Nurses will handle the intake of claims, and automatic triggers in the insurer's claims system also will prompt clinical reviews during workers' recovery.

AON CORP. and CROWE PARADIS SERVICES CORP. teamed up to deliver a one-stop compliance solution for Medicare Secondary Payor. The solution includes access to Crowe Paradis' MSP Navigator Product, as well as legal, medical and IT expertise.

CDS BUSINESS MAPPING LLC added foreclosure monitoring to its RiskMeter Online service. With the submission of an Excel file, clients can then see flagged all property policies that are in the foreclosure process.


March 17, 2009

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