It's time for insurers to rethink billing. They should view billing transformation as a strategic, business-led project, with success enabled by the combination of new technology, integrated processes and consistent experiences.
Utility computing has been tried before, but its reach was limited. This time it's different, and there are three reasons why the widespread use of cloud computing in the insurance industry is inevitable.
By Mike Kulp, Xuber Insurance Software | July 18, 2013
The entrance of Berkshire Hathaway, Warren Buffet's insurance holding company, into the U.S. commercial excess and surplus market will involve a greenfield technology implementation. What should management's top IT priorities be?
By Ravi Koka, Polaris Financial Technology | July 15, 2013
Providing “information at your fingertips” continues to be difficult for most organizations, but architecture for continuous migration can provide carriers a single view of the customer across multiple systems, channels and devices.
The Ben Franklin-founded company set out to find a core systems solution that could meet expectations of producers and insureds for service and information access, while providing internal process efficiencies and continual upgrades as technology advances.
Along with significant efficiency and ease-of-doing-business benefits for agents, Columbian Financial Group will be able to build on its record of growth more effectively and efficiently through the operational unity afforded by its systems consolidation.
By Ravi Koka, Polaris Financial Technology | March 08, 2013
The paramount IT tasks for every firm should be to shift to the most agile possible approach for dealing with legacy issues, thereby reducing legacy spending, and then devote the freed-up funds to innovation instead of to overhead.