Icare executives spruiked software company despite delays and blowouts

  • 📰 smh
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Senior executives at the scandal-plagued insurer icare appeared in a promotional video that spruiked a US-based software product it had bought that was delivered late and had cost blowouts | LisaVisentin

Senior executives at the scandal-plagued insurer icare appeared in a promotional video that spruiked a US-based software product it had bought that was delivered late and had cost blowouts.

Former icare CEO John Nagle, who resigned in August, appeared in a promotional video for software company Guidewire after it had paid for him to travel to the company's annual conference in Las Vegas.Over the course of its contracts, Guidewire paid for at least two senior icare executives to attend its annual conferences in America.In October 2018, icare's then chief executive John Nagle attended a conference in Las Vegas, which was not disclosed in icare's annual report.

By the time Mr Nagle and Mr Craig appeared in the video, icare was battling significant problems with both the claims platform and the policy billing system. It also found that return to work rates - the key metric for measuring the performance of workers' compensation schemes - began declining almost immediately under the new claims model.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LisaVisentin Worse by the minute. Dommi must go.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In the 50s, there were 600 Australian soft drink companies — now there may be only sevenThe survivors of Australia's once thriving soft drink industry are experiencing a revival as customers seek out nostalgia, enjoy unusual flavours and support local businesses. The power of the supermarkets..? I remember maybe 10 years ago.. 'Wimmers' soft drink company was saved from the clutches of Coka-Cola. Thankfully they're still around, on Qlds Sunshine Coast. That’s capitalism - compete or fuck off
Source: abcnews - 🏆 5. / 83 Read more »