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Bank Systems & Technology
January 4, 2010 |
10 in 2010: Banking Trends for the New Year Predictions about the coming year's bank technology news makers.   |
Insurance & Technology
November 24, 2009
Anthony O'Donnell |
Novarica: More Insurance Software M&A in 2010 Renewed M&A activity in the insurance software space in the latter half of 2009 presages a plethora of deals in the coming year, according to a new report by the New York-based research and advisory firm. |
Insurance & Technology
November 10, 2008
Anthony O'Donnell |
IT Will Power Insurance Industry Response to Crisis Technology spending will be a critical factor for insurers wishing to both take advantage of opportunities provided by the current crisis and address heightened compliance and risk management concerns. |
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. |
Insurance & Technology
September 16, 2005
Anthony O'Donnell |
A Time to Buy In the high-transaction-volume business of health insurance, in which many carriers offer business process outsourcing to other insurers, the vogue is to beef up a company's core competency by acquiring technology vendors. |
Insurance & Technology
June 23, 2008
Anthony O'Donnell |
Oracle to Acquire Skywire Oracle announced that it had entered into an agreement to acquire Frisco, Texas-based document management solutions vendor Skywire Software. |
CRM
July 27, 2011
Leonard Klie |
Health Insurers Need to Improve Customer Relationships to Compete Accenture survey finds 80 percent of consumers expect healthcare insurance customer services to be easier and more convenient. |
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. |
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). |
Insurance & Technology
November 26, 2003
Cynthia Saccocia |
Placing Your Bets Technology Will insurers ante up on technology investments in front-office or back-office systems in 2004, or hold back? In this exclusive preview, TowerGroup assesses the field. |
Insurance & Technology
September 23, 2008
Anthony O'Donnell |
Oracle Launches Insurance Vertical Industry Division Leveraging its recent acquisitions of prominent insurance industry software vendors Skywire Software and AdminServer, Oracle officially launches its Oracle Insurance vertical industry division as a provider of a full range of insurance processing software. |
Bank Technology News
January 2010
Rebecca Sausner |
2010 IT Predictions And Resolutions These are some IT issues we're watching and betting that bankers will need, or ought, to take action on in 2010. |
Insurance & Technology
January 17, 2006
Maria Woehr |
Constant Change The coming year's regulatory and political agenda could result in requirements for reform and increasing technology investments, which could alter the business environment for property and casualty, life, and health insurers alike. |
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. |
Insurance & Technology
June 17, 2009
Anthony O'Donnell |
Insurance Industry Reacts to President's Financial Service Regulation Reform Proposals President Obama's proposals include enhanced oversight of the insurance sector and the establishment of an Office of National Insurance. |
Insurance & Technology
September 14, 2006
Maria Woehr |
One Charter to Rule Them All? Insurers, analysts and vendors are weighing the benefits and risks of the National Insurance Act of 2006 - a plan to adopt an optional federally chartered regulatory system - as well as the impact the federal regulation could have on IT systems. |
Insurance & Technology
August 30, 2010
Anthony O'Donnell |
Insurers Expand Views On What Can Be Sourced Externally Economic pressures, evolving technology and increasing comfort with partner management are combining to force insurance executives to expand their views of what can be sourced externally. |
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. |
Insurance & Technology
February 19, 2004
Julie Gallagher |
Uncovering Offshore Secrets Overly generous cost savings estimates can doom a carrier's offshore outsourcing effort before it even begins. In order to optimize success and manage expectations accordingly, insurers must take the hidden costs of these deals into consideration. |
Insurance & Technology
May 15, 2009
Anthony O'Donnell |
Implications of Oracle/Sun Slight for Insurance in the Short Term Oracle's bid to acquire Sun is groundbreaking from a general technology point of view, but its meaning for the insurance industry is likely to manifest itself over a longer timeframe as the vendor's strategy evolves. |
Insurance & Technology
May 21, 2010
Anthony O'Donnell |
Senate Financial Reform Bill Mostly a Relief for Insurers The potential for duplicative federal insurance regulation did not materialize within the Restoring American Stability Act of 2010 passed by the Senate, but concerns still remain how the final law will affect the industry after passage through the House later this year. |
Insurance & Technology
June 16, 2004
Anthony O'Donnell |
Room for Improvement Insurers should be more aggressive in managing outsourcing's risks and reaping its rewards as part of an overall sourcing strategy. |
Insurance & Technology
October 6, 2008
Anthony O'Donnell |
A Decade of Change in Insurance IT Since I&T recognized the first Elite 8 insurance technology executives in 1999, the world has changed a great deal, and so has the insurance technology realm. |
Insurance & Technology
May 28, 2008
Peggy Bresnick Kendler |
Accounting and Financial Systems: Technological Enhancements Offer Promise -- and Questions Insurers' accounting and financial systems -- including billing, annual reporting, portfolio management and investment management platforms -- are becoming increasingly integrated with other enterprise systems. |
Insurance & Technology
June 16, 2004
Peggy Bresnick Kendler |
Gaining the Outsourcing Edge Whether they consider outsourcing applications, infrastructure or business processes, insurers have a myriad of reasons to contract out portions of their operations. |
BusinessWeek
April 25, 2005
Mike McNamee |
Watchdogs With Eyes Wide Shut As investigators pore over the books of AIG, it's becoming clear that for years regulators failed to detect lapses in the insurance industry. |
Wall Street & Technology
March 22, 2005
Paul Allen |
The Evolution of Outsourcing Though most trends in the financial services industry tend to be U.S.-led, fund management outsourcing has been more of a U.K. and continental European phenomenon to date, with a raft of high-profile deals hitting the headlines in the past two years. |
Insurance & Technology
November 14, 2007
Kim Dorgan |
Life Insurance Industry Would Benefit From Optional Federal Charter The future of insurance regulation remains one of the most critical issues facing the life insurance industry. |
Insurance & Technology
May 28, 2008
Anthony O'Donnell |
Vendor Acquisitions Could Reshape Insurance Technology Space Big players such as Oracle and HP make a commitment in the insurance industry, showing that they are willing to verticalize their offerings and that they believe that there's a long-term play in the industry. |
Insurance & Technology
May 3, 2006
Maria Woehr |
Opting In or Out? As the optional federal charter for insurers hits the Senate floor, industry leaders weigh cost savings and enhanced competition against possible risks to insurance carriers -- and policyholders. |
Insurance & Technology
May 28, 2008
Doug Sheehan |
Enhanced Investment Systems Offer Better Integration of Data The enhanced technical capabilities of external data providers is making it possible for insurers to have better integration with these data sources, having great potential to improve data accuracy, timeliness and efficiency. |
Insurance & Technology
April 6, 2010
Anthony O'Donnell |
Healthcare Reform Will Require Massive Insurance IT Spending Caught off guard by the passage of the Patient Protection and Affordable Care Act of 2010, insurers must modernize IT while increasing operational efficiency. |
Insurance & Technology
December 8, 2008
Anthony O'Donnell |
Insurance Technology Outlook 2009: Sudden Change Though the financial services industry has seen a precipitous change in the business environment and will adopt austerity measures, insurers are likely to be opportunistic in their technology investments. |
Global Services
December 2, 2008
Imrana Khan |
What'll the New Year Bring for Outsourcers? Outsourcing will continue to be a lever for transformation. Adding business value will become the norm. Services providers will be pressed to drive business transformation that creates sustainable value for their customers |
Insurance & Technology
June 8, 2009
Anthony O'Donnell |
News from 2009 IASA Conference: Oracle Launches Revenue Management and Billing for Insurance Oracle's solution enables insurers to consolidate billing systems onto one platform for greater visibility and efficiency, improving revenue management and providing better customer service and multi-channel sales support, according to the vendor. |
CFO
November 17, 2003
Polly Schneider Traylor |
Outsourcing More work is being sent packing, often far away. To make it pay off, management must adapt. |
Insurance & Technology
December 19, 2007
Anthony O'Donnell |
Accenture Sues Guidewire for Alleged Patent Infringement Accenture filed a lawsuit alleging that insurance claims software rival Guidewire has infringed the U.S. patent protecting the Accenture Claim Components solution and has misappropriated trade secrets related to the design. |
Insurance & Technology
January 25, 2005
Cynthia Saccocia |
Did You Say Controlled Tech Spending? Aw, Not Again! Insurance is an industry that reacts decisively to its business cycles and urgently to intrusions of reality such as catastrophic claims, economic issues and regulation. |
The Motley Fool
November 14, 2006
Ryan Fuhrmann |
All Is Good at AIG AIG is quickly regaining its reputation as a stable, growing global insurer. Investors, take note. |
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. |
CRM
June 2011
Koa Beck |
Can Mobile Help Clarify Confusion Over Reforms? Healthcare reform has thrown everything up for question. |
BusinessWeek
November 5, 2009
Maria Bartiromo |
The Enduring Anger of Hank Greenberg A conversation with former AIG CEO Hank Greenberg. |
Insurance & Technology
April 3, 2009
Anthony O'Donnell |
Industry Reacts to Federal Insurance Regulation Bill Insurance industry associations argue the benefits or drawbacks of federal regulation, optional federal charter and the priority of addressing systemic risk over shortcomings of the existing state-based regulatory regime. |
Insurance & Technology
May 26, 2010
Anthony O'Donnell |
Carriers Shifting Distribution Dollars To Mobile, Accenture Research Finds Insurers are planning to invest on average $84 million on strategic distribution improvements over the next three years according to a survey of 125 insurers globally. |
Bank Systems & Technology
June 26, 2006
Peggy Bresnick Kendler |
Outsourcing Questions and answers about bank outsourcing. |
Insurance & Technology
April 5, 2006
Anthony O'Donnell |
Partners and Rivals The shift by consumers to lower-premium high-deductible health plans along with the redirection of healthcare dollars into bank accounts represents a serious challenge for insurers, and a serious opportunity for banks and other financial services companies. |
Insurance & Technology
July 27, 2005
Peggy Bresnick Kendler |
Investing Wisely Q: What are the key issues insurers face in terms of portfolio/investment management, and how are carriers addressing those issues?... Q: How can portfolio management systems and related technologies help insurers better manage, track and report on investments and financial performance?... etc. |
Insurance & Technology
January 28, 2010
Anthony O'Donnell |
Legislative Reform Remains a Long-Term Issue for Health Insurance IT The death of proposed reform legislation in Washington could mean more rather than less regulation for the insurance industry. But it is unlikely to change the course of IT investment influenced by long-term reform considerations. |
Investment Advisor
January 1, 2011
Marlene Y. Satter |
There's An App For That Insurance companies are using smart phones to work with customers. |
Bank Systems & Technology
May 1, 2006
Anthony O'Donnell |
H$As: Sharing Some insurers are seeking to offer an end-to-end HDHP/HSA solution by creating their own banks to serve as custodians of the accounts. The challenge for banks is to make health insurers offering HDHPs see the value of what banks can bring to the overall consumer-directed health experience. |
