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Metrics/performance measurement
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Rules-based short form is designed to simplify application process and facilitate sales.Be the first to comment
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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.
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Gary Shaw replaces Rebecca Amoroso, who is retiring.
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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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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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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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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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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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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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Genworth U.S. Life Companies reduces new policy cycle times from about 25 days to an average of eight by adopting Aplifi's multi-carrier electronic settlement platform.
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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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In a world where some consumers are as curious about their own data as insurers are, carriers can use their analytical experience to tailor products to that need.
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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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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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