For any planned policy administration systems replacements or upgrades planned for 2007, what approach is your company taking?
Build a new system internally.
    9%
Buy a vendor package/packages.
    47%
Hybrid -- build and buy.
    44%



Doug Walters, IDP
David & Goliath, How Smaller Insurance Companies Can Win the Battle for Market Share
This paper provides executives of small to mid-sized Property and Casualty insurers with insights and suggestions for increasing market share in a business environment that is dominated by the large national and regional carriers. Key issues addressed include: market strategy, technology support, pricing, underwriting, service to agents and policyholders, company branding, and the value of partnering with an experienced technology provider.

Policy Administration Systems in China, 2006: Property/Casualty Solution Spectrum
As new companies mature, they may require more sophisticated systems.
The number of insurance companies in the China market has increased quickly. There are 23 new insurance companies that started operation in 2005. Nine of them are local property/casualty insurance companies, and one is an international P/C insurance company. In order to pass the China Insurance Regulatory Commission's starting operation inspection, these new companies must have installed a policy administration system. The vast majority of these companies have implemented local vendors' solutions in the last two years, for lower price and quicker implementation.
By Celent




Recorded Web Seminar: Creating a policy and rating platform for the 21st century
Many insurers are struggling to overcome the challenges and limitations of inflexible, complex legacy systems. To succeed in the new century, they'll need to take advantage of new technology. Explore how modern rating and policy solutions can improve efficiency, productivity — and your bottom line — through this informative recorded web seminar, brought to you by ISO-ITS and Bearing Point.

LOMA International Underwriting Congress
Evolving Risk Management: Yin & Yang
Pudong Shangri-La Shanghai Hotel
Shanghai, China
The LOMA International Underwriting Congress (IUC) offers the most comprehensive, multidisciplinary program covering issues that affect international life and health insurance risk selection and an exhibit hall featuring cutting-edge solutions and technologies.
March 18-21, 2007


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