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Outsoucing
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Gary Shaw replaces Rebecca Amoroso, who is retiring.Be the first to comment
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Gordon Gaudet, most recently director and co-lead of Deloitte Consulting's Insurance Core Systems Transformation practice, will have responsibility for all IT operations at the P&C insurer.
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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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Xchanging Aims at "Transformational Play" With Launch of Netsett Net Settlement Utility to US MarketSettlement processes similar to those that reduce needed capital from $80 billon to $12 billion on the London market are poised through an Xchanging/Deutsche Bank partnership to address $3 trillion global market, with the possibility of a 85% reduction in the working capital required.
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Following a deployment that took lest than five months, se2 is currently processing term, whole life and interest-sensitive policies.
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UNIT4 Business Software offers guidelines for implementing finance accounting software to support growth.
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The Atlanta-based company provides e-commerce software to insurers.
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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.
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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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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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The decision to issue an effective RFP primarily lies in an organization’s ability to answer five questions clearly.
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India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally hire as they try to squeeze more profits out of their staff.
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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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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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A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms.
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International Business Machines unveiled its expanded mobile strategy on Thursday in an effort to gain an advantage over rivals amid a proliferation of devices such as smartphones and tablets.
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Attention to customer expectations can result in companies ending up in a better place than they were before they ran into trouble, as Insurity’s experience shows.
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The Dubai International Financial Centre, a business zone, says it aims to double the number of companies there over five years by serving as a base for business with China, south Asia and Africa, not merely the Gulf.
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The selection of a package for a massive volume of business settles rather than opens the question about the industry's technological direction.
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Insurance CIOs must begin to address legacy issues and skill deficits in order to be able to meet the service, operational efficiency and profitability demands of the next decade.
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While independence from the solution provider sounds attractive, self-sufficiency doesn’t come without a learning curve, challenges, and risks.
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Forget about the top technologies people tell you're supposed need in 2013; technology comes behind two more fundamental ingredients to success in the coming year.
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A year ago I&T identified several tough questions we predicted the insurance technology industry would have to confront in 2012. What happened and how much clarity did we get?
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Insurers call upon approximately 250,000 vendors nationwide for claim purposes. Those vendors range from nationally known brands to local mom-and-pop businesses who become, effectively, the face of the insurer. How do carriers know whom to trust?
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