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Insurance & Technology
April 13, 2010
Anthony O'Donnell
Newer Policy Administration Systems Ease Transformation of Smaller Insurers As the insurance industry prepares for the next growth phase, small and medium-size carriers are taking advantage of rules-based policy administration packages to transform their capabilities and stand up to larger competitors. mark for My Articles similar articles
Insurance & Technology
August 7, 2008
Anthony O'Donnell
Policy Admin System Replacement: Insurers Shift Focus From Systems to Functionalities Interboro Insurance Co.'s policy administration replacement initiative was in key respects a classic case. mark for My Articles similar articles
Insurance & Technology
November 17, 2004
Anthony O'Donnell
Terms of Replacement Legacy replacement can go quickly or slowly but, given what vendors can offer today, the case for moving to newer technology is more compelling than ever. mark for My Articles similar articles
Insurance & Technology
November 1, 2006
Anthony O'Donnell
The Future is Now Insurers see fewer reasons to continue to shoulder the inefficiencies of legacy systems. mark for My Articles similar articles
Insurance & Technology
July 12, 2006
Anthony O'Donnell
In With The New New offerings based on advanced technologies, as well as intensifying competitive pressures, make a strong argument for P&C legacy systems replacement. And while the case for life/health legacy replacement is not as strong, it is growing more persuasive with time. mark for My Articles similar articles
Insurance & Technology
April 1, 2009
Anthony O'Donnell
Despite Downturn, Insurers Remain Committed to Core Systems Evolution Despite the gloom that has consumed the financial services industry, most insurance companies remain bullish on technology investment and many are looking to build out policy admin capabilities to position themselves for growth mark for My Articles similar articles
Insurance & Technology
September 25, 2009
Anthony O'Donnell
Insurers Warm to Flexible Technology Architecture Changing customer and distributor demands, along with efficiency advantages, are driving adoption of flexible, service-based technology architecture at insurance carriers. mark for My Articles similar articles
Insurance & Technology
September 16, 2005
Lisa Valentine
From the Ground Up An Insurance company CIO uses restraint while building an entire technology infrastructure from scratch. mark for My Articles similar articles
Insurance & Technology
March 31, 2009
Anthony O'Donnell
CSC to Launch Java-based Version of its Exceed Policy Administration System Unitrin will be the first customer of Exceed J, which provides a path to new technology to current users of the tier-one P&C carrier policy admin system. mark for My Articles similar articles
Insurance & Technology
September 15, 2009
Nathan Conz
CSC Launches FS Mobile Solutions, Partners with Blackberry CSC has announced the launch of Financial Services Mobile Solutions, which includes mobile software applications, consulting and management services. mark for My Articles similar articles
Insurance & Technology
April 13, 2010
Anthony O'Donnell
Q&A With Mike Clifton, CIO, The Hanover: Combining Legacy and Modern Technology The Hanover CIO Mike Clifton relates how the Worcester, Mass.-based insurer successfully combines legacy and modern, rules-based technology to meet changing customer and distributor demands and exploit market opportunities. mark for My Articles similar articles
Insurance & Technology
December 23, 2005
Anthony O'Donnell
TMM/i-flex Deal Taps Partners Industry newcomer i-flex solutions signs its first insurance deal to deploy its Castek-centered policy administration platform. mark for My Articles similar articles
Insurance & Technology
October 29, 2003
Greg MacSweeney
What's your Legacy plan? One thing's for sure: A monolithic approach won't work. Depending on the particular application and platform, insurers' legacy replacement/enhancement strategies vary widely according to the project specifics. mark for My Articles similar articles
Insurance & Technology
April 3, 2009
Anthony O'Donnell
Indiana Farm Bureau Sees Java as a Bridge to New Policy Admin Technology Tough times have made aggressive pursuit of new technologies less of a focus, and have put a premium on vendor stability. mark for My Articles similar articles
Insurance & Technology
October 12, 2009
Nathan Conz
Having Stepped Up to CIO, Bob Casale Pushes Innovation at MassMutual MassMutual's Bob Casale, an Elite 8 honoree, has stepped into the CIO role and led the carrier into the next phase of its technology modernization initiative. mark for My Articles similar articles
Insurance & Technology
April 6, 2006
Maria Woehr
Hanover Goes Commercial In an effort to strengthen its commercial business, Worcester, Mass.-based The Hanover Insurance Group deployed OneShield's browser-based rating and policy administration platform, Dragon, for commercial package policies. mark for My Articles similar articles
Insurance & Technology
December 6, 2007
Anthony O'Donnell
Insurance Outsourcing Reaches New Levels of Maturity While many insurers are still struggling with the management of offshore resources, industry leaders are crafting long-term global sourcing strategies for strategic competitive advantage. mark for My Articles similar articles
Insurance & Technology
April 6, 2006
Peggy Bresnick Kendler
Strong Incentive Automated compensations systems offer a way to improve efficiency, streamline compliance and attract agents. But legacy environments sand in the way of flexible commissions processes. mark for My Articles similar articles
Insurance & Technology
May 16, 2007
Susana Schwartz
Drive For Automation Causes Insurance Carriers To Integrate The Internet has yielded more choices among comparative raters and aggregators, thus elevating agents to a more powerful position as the gatekeepers to multiple company ratings. mark for My Articles similar articles
Insurance & Technology
August 12, 2009
Nathan Conz
Modernized or Legacy, Carriers Seek To Maximize Claims Systems' ROI Though insurance companies have achieved varying degrees of modernization among their claims platforms, many are examining ways to leverage their current systems with the goal of improving the customer experience. mark for My Articles similar articles
Insurance & Technology
September 5, 2006
Anthony O'Donnell
Customer-Centric Cash Flow Insurers have continued to lag behind other industries in one of the most important contact points with customers: the exchange of funds. mark for My Articles similar articles
Insurance & Technology
August 19, 2009
Anne Rawland Gabriel
Hosted Policy Admin System MUSIC to Startup's Ears Startup Montpelier US Insurance achieves its ambitious launch goals by adopting OneShield's Dragon policy administration system. mark for My Articles similar articles
Insurance & Technology
August 24, 2009
Nathan Conz
CSC's Social Network Reaching Critical Mass CSC carrier clients are embracing WikonnecT, the vendor's business-to-business social network, as a way to collaborate with one another to solve IT issues. mark for My Articles similar articles
Insurance & Technology
May 28, 2008
Nathan Conz
MassMutual Looks to Modernize MassMutual's IT team has embarked on an ambitious modernization effort to ensure that it can support the business as it changes. mark for My Articles similar articles
Insurance & Technology
August 25, 2004
Anthony O'Donnell
Health Insurance Transformation In order to maintain its own fiscal health, the health insurance industry must build the technology and processes needed to meet consumerism's demands. mark for My Articles similar articles
Insurance & Technology
May 3, 2006
Deena M. Amato-McCoy
Service-Oriented Change Heterogeneous systems are at the core of many insurance carriers' IT infrastructures. Yet, companies still struggle with how to seamlessly integrate these often disparate systems across their enterprise. Now, a rapidly evolving architectural strategy is quickly changing the landscape. mark for My Articles similar articles
Insurance & Technology
February 20, 2009
Nathan Conz
MassMutual's Casale Transitions Into CIO Role MassMutual's Bob Casale details his transition into the carrier's CIO role, coinciding with the retirement of his predecessor, Mike Foley. mark for My Articles similar articles
Insurance & Technology
April 20, 2005
Anthony O'Donnell
Negotiating Success Bitter experience and restricted budgets have made insurance technology purchasers more disciplined, and a buyers' market has encouraged them to drive hard bargains. mark for My Articles similar articles
Insurance & Technology
December 15, 2009
Anthony O'Donnell et al.
4 Technology Solutions That Sizzle While insurers often are cautious in their adoption of emerging technologies, carriers are investing in four solutions -- cloud computing, mobile, analytics and social networking -- that are just too transformative to ignore. mark for My Articles similar articles
Insurance & Technology
February 9, 2004
Greg MacSweeney
2004 Top Insurance Business/Technology Issues This special report takes a look at some of the top business issues that insurance carriers will face this year and how technology can help make their challenges easier. mark for My Articles similar articles
Insurance & Technology
July 30, 2010
Karlyn Carnahan
The Claims Modernization Opportunity Currently available claims systems provide both the efficiency and service capabilities insurers need to make the business case for transformation. mark for My Articles similar articles
Insurance & Technology
February 8, 2004
Jamie Bisker
Core Systems: Journey to the Center of Insurance An analysis of the state of core systems, and how to create renewable systems, in the insurance industry mark for My Articles similar articles
Insurance & Technology
April 15, 2009
Anthony O'Donnell
Insurers Seek Fewer, Deeper Partnerships With Technology Vendors Carriers seeking operational efficiency and growth are willing to invest in IT, but CIOs are cutting costs where they can and leveraging vendor capabilities for customized innovation. mark for My Articles similar articles
Insurance & Technology
January 5, 2007
Matthew Josefowicz
Responding to a Changing Market: The Core Is Key Core systems replacement has been compared to open-heart surgery -- it is one of the most drastic changes that insurers can make to their IT infrastructures. mark for My Articles similar articles
Insurance & Technology
January 25, 2005
Deja Vu All Over Again Many of the major areas of focus for senior insurance technology executives in the coming year will be familiar ones that have become even more pressing. Insurers will boost their offshore outsourcing activities and increasingly dip a toe into business process outsourcing (BPO). mark for My Articles similar articles
Insurance & Technology
April 9, 2009
Anthony O'Donnell
CSC Offers Global Conversion Service for Life, Annuity and Pension Carriers ConversionEdge packaged service provides access to multi-disciplinary teams experienced in all aspects of systems conversion and includes full-service conversion support from virtually any source system to any life insurance, annuity or pensions policy administration system, CSC claims. mark for My Articles similar articles
Insurance & Technology
May 4, 2009
Anthony O'Donnell
Economy Drives Exploration of New Outsourcing Opportunities Insurers are slightly more cautious about the financial, political and security risks of offshoring, but they are keen to find new BPO opportunities. mark for My Articles similar articles
Insurance & Technology
July 12, 2006
Maria Woehr
Digging for Dollars The insurance agent often is portrayed as going door to door with an oversized briefcase brimming with paper applications. While that might have been so in the 1950s, today, selling insurance means connecting with the customer, and it takes more than just a smile and a shoeshine. It takes knowledge. mark for My Articles similar articles
Insurance & Technology
January 5, 2007
Paul McDonnell
It's a 'Buy' World This is an exciting time in the insurance industry, with several factors leading carriers to make key technology decisions in 2007. Carriers choosing to implement new solutions should recognize the critical need for flexible integration architecture. mark for My Articles similar articles
Insurance & Technology
April 8, 2010
Anne Rawland Gabriel
Ohio Mutual Takes a Bite Out of Policy Admin Transformation After migrating to CSC's POINT IN platform, Ohio Mutual Insurance Group successfully presses the vendor for incremental releases to enable 'bite-size' modernization. mark for My Articles similar articles
Insurance & Technology
June 1, 2006
July Techwatch Claims Settlement... Records Management... Risk Management... Instant Communication... Compliance... Policy Processing... etc. mark for My Articles similar articles
Insurance & Technology
February 5, 2007
Anthony O'Donnell
Consolidation Laggards European and Asian life insurers have an edge over North American companies in policy administration systems consolidation. mark for My Articles similar articles
Insurance & Technology
September 5, 2006
Anthony O'Donnell
Vendors' Hot Summer Summer traditionally is a slow season in the insurance industry. But insurance technology software vendor consolidation activity reached a fever in mid-August. mark for My Articles similar articles
Insurance & Technology
July 25, 2005
Anthony O'Donnell
I-Flex Fuels Castek Comeback The Castek/i-Flex approach is novel - it involves a known insurance vendor's attempt to reenter the industry and a major vendor's initial entry into the market. mark for My Articles similar articles
Insurance & Technology
August 12, 2005
Anthony O'Donnell
Ohio Mutual Claims Gains The regional P&C carrier reports significant gains in the wake of its implementation of CSC's POINT IN Policy Administration and Advanced Claims solution components. mark for My Articles similar articles
Insurance & Technology
May 13, 2008
Katherine Burger
Darwin Professional Underwriters Flourishes in Competitive Specialty Liability Segment With High-Tech, Low-Cost Strategy, Says President and CEO Stephen Sills Stephen Sills, president and CEO of specialty lines carrier Darwin Professional Underwriters, says that technology has been a cornerstone of his strategy from the beginning. mark for My Articles similar articles
Insurance & Technology
November 7, 2008
Nathan Conz
CSC's Java-based POINT IN Update Marks a New Beginning Moving to compete with new-technology systems vendors, CSC introduced a Java EE-compliant version of its POINT IN policy administration solution for P&C insurers. mark for My Articles similar articles
Insurance & Technology
June 1, 2007
Nathan Conz
Insurance Start-up PURE High Net Worth Chooses OneShield's Dragon Platform for Policy Administration Start-up insurer PURE, or Privilege Underwriters Reciprocal Exchange, is looking to streamline its IT-related responsibilities by leveraging vendor expertise and taking advantage of its lack of legacy systems and data. mark for My Articles similar articles
Insurance & Technology
December 16, 2008
Anthony O'Donnell
Priorities Will Shift, But Insurers' 2009 IT Spending Remains Healthy Given the ravages the financial crisis has wrought in the insurance industry, greater cost consciousness will return to insurance IT organizations. mark for My Articles similar articles
Insurance & Technology
September 14, 2004
Anthony O'Donnell
Mega-Deal a Bellwether? Seeking to transform itself into a nimble, line-of-business oriented enterprise, Zurich Financial Services has signed a major applications outsourcing agreement with CSC to support all of the carrier's lines of business. mark for My Articles similar articles