Nevada
29 November 2017
Reporter: Becky Butcher

VADA to use CHSI Technologies cloud-based system


Virginia Automobile Dealers Association (VADA) Group Self-Insurance Association (GSIA) is set to implement the CHSI Technologies cloud-based suite of configurable core systems software.

VADA GSIA provides its members with effective workers' compensation coverage.

According to Michael Allen, general manager of VADA GSIA, the implementation is part of a larger plan to take all six of VADA's operations to the cloud.

Allen said: “Like a lot of self-insured groups, we've had a policy administration server in place for more than 25 years, and CHSI's offering of their configurable core systems modules via Microsoft's Azure cloud platform will help us realise our larger plan.”

“The [workers' compensation] formula is the formula, so our goal is to become as efficient as possible in order to offer competitive pricing and cutting-edge claims and loss control services. To do that we need to get off the server and move to modern systems that run in the cloud.”

Jim Leftwich, founder and CEO of CHSI Technologies, added: “We are pleased to be able to provide cloud-based connections' configurable software and additional services to help GSIA build on the quality of their highly rated services, and to serve as a platform for their growth.”

More technology news
The latest news from Captive Insurance Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Two funds complete trade on ILSBlockchain
12 December 2017 | St Peter Port | Reporter: Ned Holmes
Two funds have completed what is believed to be the first secondary market securities trade on notes digitised on the ILSBlockchain, a private blockchain set up by Guernsey incorporated cell company Solidum Re.
VADA to use CHSI Technologies cloud-based system
29 November 2017 | Nevada | Reporter: Becky Butcher
Virginia Automobile Dealers Association Group Self-Insurance Association is set to implement the CHSI Technologies cloud-based suite of configurable core systems software
Eurobase’s synergy2 to support Sigurd’s captive operations
9 November 2017 | London | Reporter: Lorella Fava
Sigurd Rück AG (Sigurd), the captive of Saipem domiciled in Zurich, Switzerland, has selected Eurobase Insurance Solutions’s synergy2 to support its captive operations
Allianz explores blockchain for captives
07 November 2017 | London | Reporter: Stephanie Palmer
Allianz Global Corporate & Specialty has implemented a blockchain prototype for a global captive insurance programme, intended to improve the efficiency of international corporate insurance transactions
Cybercrime losses set to increase, says cyber risk expert
12 October 2017 | London | Reporter: Becky Butcher
Losses from cybercrime are only likely to increase because of far-reaching global connectivity, warned James Trainor, Aon’s senior vice president of cyber solutions
Insurers are increasingly concerned about “silent cyber” exposure, a recent Willis Re poll revealed.
Aon launches captive feasibility app
09 August 2017 | Illinois | Reporter: Becky Butcher
Aon has developed an app, Aon Captivate, for clients to assess whether a captive is the right solution for them through a full feasibility study