Blog


Video: Happy Holidays from our "Office"
December 23, 2008 @ 10:20 AM | By Nathan Conz

The coming year promises to be an interesting one for insurance industry observers, but a challenging one for our senior technology executive readership. That being the case, we thought we'd end on a light and festive note by sharing the video below.

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Death to the "Reply All" Button
December 18, 2008 @ 17:30 PM | By Christine Hintze

It is time to look at simplifying our daily work lives and eliminate unproductive tasks, processes and work. E-mail, a very useful and powerful tool, has become a major productivity drag on firms due to misuse and abuse.

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Expert: All Predictive Models Are Wrong
December 16, 2008 @ 14:04 PM | By Anthony O'Donnell

Near-term hurricane models introduced by AIR Worldwide, EQECAT and RMS in 2006, predicted cumulative insured losses of 37.2 billion, $40.8 billion and $42 billion respectively-seriously short of the actual cumulative losses of $13.3 billion during the specified period.

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Insurers Can Relate to the Challenges Facing a National CTO
December 14, 2008 @ 14:51 PM | By Kathy Burger

Insurance industry technology executives who either have experienced or are contemplating major systems and infrastructure overhauls -- descriptions that probably would apply to just about every insurance technology executive -- should be following President-elect Barack Obama's plans to name a Chief of Technology to his cabinet.

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Leakage Floods NFIP: GAO Report
December 09, 2008 @ 15:33 PM | By Anthony O'Donnell

It is unclear whether the report's title reflects the GAO's leaden wonkishness or a terrifically dry sense of humor, but it is called "FEMA's Rate-Setting Process Warrants Attention." It will be interesting to see what kind of attention it gets when current authorization for the NFIP expires on March 6, 2009.

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Behind the Curtain: Empowering Actuaries to Improve Risk Management
December 04, 2008 @ 10:27 AM | By Christine Hintze

Technology can provide the means for actuaries to deliver better, more timely risk assessments, improved awareness, greater understanding, and actionable risk information to the organization. With the recent financial turbulence, delivering these types of improvements is of critical importance.

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Election Impact: a conversation with NAMIC
December 03, 2008 @ 10:56 AM | By Anthony O'Donnell

Given that a Democratic president is succeeding a two-term Republican and that, moreover, the Democratic Party has increased its dominance in Congress, the insurance industry might be expecting significant changes to ensue from the Nov. 4 election. However, the industry anticipating change more as a result of the financial crisis than the election.

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Murder in Mumbai: Civilization and Barbarism
December 01, 2008 @ 12:13 PM | By Anthony O'Donnell

A civilized world is one in which its inhabitants can concentrate on creative activities and business rather on the more fundamental concerns of self-preservation. It is only too easily for barbarians to destroy that fragile order by harming the defenseless.

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