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Governance
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Guidewire has characterized the deal as providing the ability to help customers to accelerate replacement of their legacy core systems and to improve management of operational data in their policy, billing, and claims functions.Be the first to comment
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Among a roster of recent appointments and promotions announced by Selective Insurance were George Neale as SVP, Chief Claims Officer, and John Bresney as SVP, Application Delivery Services.
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The solution will help carriers reduce costs while increasing business flexibility, improving customer service, the vendor asserts.
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UNIT4 Business Software offers guidelines for implementing finance accounting software to support growth.
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X by 2's Ram Sundaram says insurers pursuing IT transformation should do the opposite of five rules that represent conventional wisdom.
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In his new role as analyst, former Navy Mutual CIO Tom Benton will report on core system transformation, IT strategy and project management, with a focus on life and annuity carriers.
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The Atlanta-based company provides e-commerce software to insurers.
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Simply adding more variables can amplify meaningless feedback and add complexity. Profitable use of big data for improved pricing accuracy and enhanced customer experience will require isolating predictive factors.
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Rao Tadepalli, CIO of Republic Indemnity, has found ways to innovate in a resource-constrained environment, finding efficiencies through digitizing documentation and improving efficiencies through core system transformation and process reengineering.
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The software business of Xchanging is offering an end-to-end module-based solution built on a single data model.
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Implementing a consolidated litigation management solution helps insurers trim claim expense costs, streamline and automate workflows, and enforce best practices throughout the claims discipline.
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Over the last few years, there has been increasingly industry buzz about capability models, enterprise business frameworks, reference models, etc. What are they, how can organizations benefit from them, and what types of projects can leverage them?
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PwC identifies several key challenges that insurers will face during 2013, in areas such as risk management, strategy and operations.
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Project managers should focus on four key areas in order to successfully navigate the delicate balance between practical and preposterous project estimating.
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The decision to issue an effective RFP primarily lies in an organization’s ability to answer five questions clearly.
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Many factors contribute to the continuing difficulty insurers have in making an effective business case for big data investments.
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SAP has made a splash with its Hana in-memory database technology, but its utility for insurance will depend on carriers' need for speed.
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As with any other IT investment, insurance technology executives need to maximize the value – in terms of time and resources, as well as expenditures for every employee training investment. However, it’s often difficult to know where training will yield the biggest bang for the buck, as well as to determine the most effective ways to deliver training. Here are some strategies CIOs should keep in mind.
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The record revealed by investigations into IT performance is bad. Unfortunately, according to author and former Guardian Life CIO Frank Wander, the truth is even worse.
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Deciding that the time is right for core policy system replacement isn’t the same as being ready to do so, but mistaking the two is a common trap for insurers to fall into.
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A former insurance CIO traces the endemic failure of IT projects — and the economic waste it implies — to the imposition of an industrial process on the social phenomenon of knowledge work.
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This latest manifestation of the Hartford-based vendor's renaissance exemplifies several industry trends, including a preference for core system suites, the importance of scale and the demand for ISO rating capabilities.
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SAP says the value added to its insurance software portfolio is in providing an end-to-end suite backed by its in-memory computing capabilities.
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The acquiring vendor says it can now "offer significantly more value to existing Insurity and AQS clients as well as the broader P&C insurance market."
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The insurance industry has begun to provide relevant mobile capabilities to customers and distributors, but carriers must develop strategies of engagement beyond mobile that embrace the data processing implications of 'the Internet of things.'
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