News & Commentary
Content posted in May 2006
Standard Invests Wisely in Financial Management Tech
News  |  5/24/2006  | 
Moderate technology investment reduces risk of Standard Insurance's entry into the individual financial planning and investment management market.
ACORD LOMA INSURANCE SYSTEMS FORUM BRIEFS
News  |  5/24/2006  | 
ACORD presented insurance industry carriers, vendors and individuals with awards recognizing leadership and achievement at the ACORD LOMA Insurance Systems Forum in Las Vegas this week.
ACORD Awards
News  |  5/24/2006  | 
ACORD presents industry leaders with awards at ACORD LOMA Insurance Systems Forum in Las Vegas.
Thief Steals 26.5 Million Veterans’ Identities
News  |  5/22/2006  | 
Identity data on more than 26 million U.S. veterans and spouses has been stolen, the Department of Veterans Affairs says.
Information Is Power
News  |  5/12/2006  | 
Ronald Williams champions technology to support the creation of a high-performance culture as Aetna innovates consumer-directed healthcare.
Kent Cannon, President and CEO of Beneficial Financial Group
News  |  5/10/2006  | 
Listen to this episode (7:51) Kent Cannon, CEO of Beneficial Financial Group prompted business growth by consolidating systems and providing ease of use throughout the carrier's distribution channels.
Carmichael's Collaborative Leadership
News  |  5/10/2006  | 
Listen to this episode (11:03) Ohio Casualty CEO Dan Carmichael talks to I&T about the beginnings of his interest in technology standards, his experience as CEO of IVANS and how Ohio Casualty is shoulder-to-shoulder with national companies because of IT/business collaboration, a shift from mainframe maintenance to new application dev
Elizabeth Haar, President and CEO and Accident Fund Insurance
News  |  5/10/2006  | 
Listen to this episode (7:56) Elizabeth Haar, CEO of Accident Fund Insurance has been instrumental in her companies growth by supporting an e-business plan that has expanded the carrier's growth into 43 states.
Ameriprise's Schwarzmann Talks Distribution Tech
News  |  5/10/2006  | 
Listen to this episode (14:35) Mark Schwarzmann, president of Insurance, Annuities and Product Distribution, Ameriprise Financial, relates the genesis of American Express spin-off Ameriprise, talks about how he works with the company's technology organization.
Aetna CEO Ronald Williams
News  |  5/10/2006  | 
Listen to this episode (9:30) For Ronald A. Williams, CEO and president of Hartford-based Aetna, Inc., technology has been central to the company's dramatic transformation into a profitable leader in the emerging consumer-directed healthcare market. Williams discusses his vision for how technology can transform the health insurance bus
Plotkin Drives Innovation
Commentary  |  5/3/2006  | 
All chief technology officers must concern themselves with meeting not just current but also future enterprise technology needs.
Klepper Brings the Chemistry
News  |  5/3/2006  | 
Kenny Klepper, former senior vice president of systems, technology and infrastructure at New York-based Empire Blue Cross Blue Shield, says that his current position bears a strong resemblance to the managed-care environment in which he worked for about 10 years.
Executive News
News  |  5/3/2006  | 
Techwatch
News  |  5/3/2006  | 
Service-Oriented Change
News  |  5/3/2006  | 
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. But a rapidly evolving architectural strategy is quickly changing the landscape.
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News  |  5/3/2006  | 
With the ACORD/LOMA event partnership in its third year, the 2006 Insurance Systems Forum will address the importance of change, the benefits insurers can gain by rethinking their businesses and the challenges they may encounter on the way.
Agent Channel Support
News  |  5/3/2006  | 
COSS Pretties Up the Picture
News  |  5/3/2006  | 
Security Screening
News  |  5/3/2006  | 
Mapping Out Risks
News  |  5/3/2006  | 
Seeing that many reinsurance executives want the convenience of conducting risk analysis themselves, Guy Carpenter & Company (New York), part of Marsh & McLennan Companies (New York), has launched the online risk management platform i-aXis.
Everyone on The Same Page
News  |  5/3/2006  | 
In order to enhance its claims processing, Delta Dental of California (San Francisco; gross revenues of $4.8 billion) will standardize disparate systems in offices throughout 16 states with EDS' (Plano, Texas) MetaVance Administration and Finance System.
Give ’Em What They Want
News  |  5/3/2006  | 
To stay ahead of the competition in the volatile health insurance marketplace, CIGNA is turning to the Web to strengthen its appeal to consumers.
Changing the Game Through Technology Leadership
News  |  5/3/2006  | 
Michael D. Fraizer, CEO, Genworth Financial, one of Insurance & Technology's Tech-Savvy CEOs of 2005, shares his thoughts on the centrality of technology and the disciplines of innovation in shaping the insurance enterprise of the future.
Getting Closer
News  |  5/3/2006  | 
Insurance company CEOs might not yet know as much about technology as their technology officers might hope, but they know they need to be informed -- and so do the boards that evaluate their performance.
Making Things Easier
News  |  5/3/2006  | 
By keeping it simple, Kent Cannon drives IT to facilitate business growth at Beneficial Financial Group.
Running a Tight Ship
News  |  5/3/2006  | 
Mark Schwarzmann's up-front discipline improves the technology process and drives the use of standards at Ameriprise Financial.
Crossing the Bridge
News  |  5/3/2006  | 
Elizabeth Haar's technology-driven business strategy led to Accident Fund Insurance's e-business model solution and national expansion.
Real-Time Vision
News  |  5/3/2006  | 
Dan Carmichael's career-long interest in technology standards culminated in a successful corporate turnaround at Ohio Casualty.
Leadership, Vision and Collaboration:
News  |  5/3/2006  | 
Insurance & Technology's Tech-Savvy CEOs 2006
A Winding Road to Success
News  |  5/3/2006  | 
To manage an influx of claims processing documents for its TRICARE division, Wisconsin Physicians Service Insurance selected Cincom Intelligent Document Solutions.
Providing Flexibility
News  |  5/3/2006  | 
Princeton eCom's credit card option eases collections for Selective Insurance Group agents.
Follow My Lead
News  |  5/3/2006  | 
Building a Foundation
News  |  5/3/2006  | 
BCBSM works toward a statewide electronic health record system.
Alliances and Partnerships
News  |  5/3/2006  | 
AgencyPort Joins Forces With ProxixChoicePoint Acquires ELIOSFiserv Buys Wolters' Insurance AssetsSunGard Taps DatawareMSB Turns New CornerstoneSymantec Partners With OrchestriaCastle Teams With e2Value
The Amazing Race
News  |  5/3/2006  | 
Hartford Life's Group Benefits Division completes rapid "core conversion" of acquired CNA on time and within budget.
Kyobo Outsources IT to IBM
News  |  5/3/2006  | 
Alocal-market-oriented company with an IT infrastructure designed and operated by a local business cannot support global expansion, which is why Seoul, Korea-based Kyobo Life Insurance ($35.5 billion in total assets) has signed a 10-year IT services outsourcing agreement with IBM (Armonk, N.Y.) worth $340 million.
Contracts
News  |  5/3/2006  | 
Safeco Selects FSCUnitrin Taps SASPhoenix Life Chooses CSCDuck Creek, WEA Deal BCBSF Taps LogicManager
Opting In or Out?
News  |  5/3/2006  | 
As the optional federal charter for insurers hits the Senate floor, industry leaders weigh cost savings and enhanced competition against possible risks to carriers -- and policyholders.
Walking the Walk
Commentary  |  5/3/2006  | 
Sometimes you don't know that a revolution has occurred until after the fact.
Unitrin Business Insurance
News  |  5/2/2006  | 
Vendor Podcast Listen to this episode Connie Dorough commercial lines automation manager at Unitrin Business Insurance. In that role, she is responsible for the alignment of Unitrin's business operations with the company's technology infrastructure. Listen as she tells us how her company's work with CSC has enabled her to focus on
AmCOMP
News  |  5/2/2006  | 
Vendor Podcast Listen to this episode When Debra Brenner became vice president at AmCOMP, she was confronted with the simultaneous challenges of aligning the company's many constituencies - from internal customers through agents and customers - with a totally new audience: the company's shareholders as it went public. Working with
Companion Property & Casualty
News  |  5/2/2006  | 
Vendor Podcast Listen to this episode Helmut Tissler, director of e-commerce at Companion Property & Casualty, describes his job as "the collection point" for the company's entire value chain, ranging from underwriters to Companion's marketing operations. Moreover, Tissler says Companion was trying to "expand the company's footpri
Ohio Mutual Insurance
News  |  5/2/2006  | 
Vendor Podcast Listen to this episode Kevin Rall is the assistant vice president for information systems at Ohio Mutual Insurance, and as he described it, his principal responsibility is "the business alignment of our technology resources and architecture to better compete in the independent agency office." No small set of challenges
Co-operative Insurance
News  |  5/2/2006  | 
Vendor Podcast Listen to this episode As a business analyst at Co-operative Insurance, it isn't surprising that Nancy Harvey views the company's many operational needs through the lens of their impact on the business. Everything from internal user needs to the demands of the agency community carry business impact and it is Harvey's
CSC's CTO on Practicing What CSC Preaches
News  |  5/2/2006  | 
Vendor Podcast Listen to this episode CSC's Chief Technology Officer Phil Ehlen is the person ultimately responsible for all of CSC's property and casualty products. Beyond that, he's in the unique position of also being a CSC customer. Ehlen oversees more than $2 billion in transactions associated with more than 780,000 policies


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