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February 14, 2012
Acquire, Onboard, and Serve Customers Better in 2012 and Beyond
February 15, 2012
What's the Ideal Web Experience for Today's Financial Services Consumer?
February 22, 2012
From Paper to Digital - The Insurance Digital Self-Service Imperative
February 14, 2012
Acquire, Onboard, and Serve Customers Better in 2012 and Beyond
February 15, 2012
What's the Ideal Web Experience for Today's Financial Services Consumer?
February 22, 2012
From Paper to Digital - The Insurance Digital Self-Service Imperative
![]() Eileen Seen (right), Director of Claims Operations, and Hillary Pruitt, Claims Resource Specialist, Alfa Insurance COVER STORY: OPTIMIZING CLAIMS SYSTEMSModernized or Legacy, Carriers Seek To Maximize Claims Systems' ROIThough insurance companies have achieved varying degrees of modernization among their claims platforms, many are examining ways to leverage their current systems as a basis for technology and process innovation with the goal of improving the customer experience. Tech Transforming P&C Claims Amid Downturn Carriers are moving forward with existing core claims systems initiatives and investing in emerging technologies such as analytics, fraud detection, geographic information systems, mobile applications and Web 2.0 to drive operational efficiency and improved customer service. Leveraging the Claims Transaction for Competitive Advantage As carriers continue to modernize their claims processes, the opportunity to leverage claims data for competitive advantage has grown accordingly. EQC Improves Claims Response With Guidewire Platform The Earthquake Commission of New Zealand implements Guidewire's ClaimCenter solution to better connect with its field adjusters and claimants. COMPLIANCE WATCHGood Planning Can Help IT Benefit From an IFRS ImplementationConversion to new international standards can drive improvements in the financial reporting infrastructure and data management, report E&Y's Ron Giammarco and Neil Bromberg. IT SPENDING WATCHNorthwestern Mutual Able to Stay the Course on IT Investment, Recession NotwithstandingFinancial strength and robust planning capabilities have enabled the insurer to keep major initiatives on track and limit the impact of market chaos on its technology investment, according to Northwestern Mutual chief technology officer Karl Gouverneur. CASE STUDIESICW Group Improves Incident Flow with Service-Now.com SaaS SolutionService-now.com's process management and application development tool provides "Swiss Army Knife"-like capabilities in support of the super-regional carrier's ITIL-based service management environment. Blue Cross NEPA Tackles Call Center Volume Challenge With Virtual Hold Solution Virtual Hold's Concierge system pleases customers, boosts call center efficiency and decreases Blue Cross of Northeastern Pennsylvania staffing expenses. NAMES IN THE NEWSBerthiaume's Influence Spreads at ChubbMark Berthiaume, Chubb Specialty InsuranceŐs CIO since 2001, has taken on the CIO role for Chubb Commercial Insurance, in addition to stewardship of the carrierŐs Surety IT organization and SpecialtyŐs field operations, and responsibility for global IT strategy. |
FROM THE EDITORIt's Time to Be Critical of ConditionsFrom wasteful testing to the risk of mistakes, for those who have spent time in a hospital recently, the need for e-records couldn't be more clear. FEATUREERM Strategies Enable Insurers' to Play Stronger Offense as Well as DefenseAs insurers adopt genuine enterprise risk management (ERM) culture, methodology and technology capabilities, they position themselves to price with greater precision and meet rapidly evolving compliance requirements. Sidebar IT Investments Can Focus Actuaries on Interpreting Rather than Collecting Information Insurance IT organizations can be actuaries allies in streamlining their tasks, simplifying actuarial systems and integrating actuarial data into a carrier's enterprise risk management capabilities.
UPDATEObama Plan Leaves OFC an Open QuestionWhile the government's financial services regulatory reform proposal treats insurance as an afterthought, provisions for federally driven consumer financial protection could open the door to an optional federal charter in the future. USAA Dials Up iPhone App USAA unveils iPhone application that gives customers mobile access to their insurance, banking and investment accounts. Mutual of Omaha Gains Agility and Efficiencies as It 'Greens' Its Technology Data center reconfiguration and server virtualization have yielded not only business agility benefits but also significant cost efficiencies related to environmentally friendly modifications to the physical plant and server farm. Plymouth Rock Assurance Offers E-Reminder Service to Mass. Drivers Plymouth Rock Assurance hopes its Massachusetts RMV e-reminder service proves to be a valuable tool to customers and noncustomers alike. |



