Start up ventures without legacy burdens enjoy a great opportunity for a forward-looking management team to really embed analytics and digital communications into their strategy, but others can leverage technology for specialty success, suggests Martina Conlon, Novarica.
The potential benefits of automated systems for new business and underwriting – in terms of speed, accuracy, cost reduction and improved service – make for a compelling value proposition.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
Technical competence is never enough, at least not for inspiring excellence in execution in others, helping them to be better than the teams you're competing against.
New York Insurance Commissioner Ben Lawsky's criticism of captive reinsurance deals appears sensationalist in light of the yesterday's FIO report and industry-side statements.
What a new Gartner report terms "active loss prevention" could usher in a new era of insurer/policyholder cooperation in the prevention of loss of property and person — potentially reshaping consumers' perception of the value of the insurance industry.
Twitter activity around the IASA Educational Conference and Business Show increased this year with the promise of an iPad Mini to one prolific Tweeter. Here's some of the highlights.
MajescoMastek Introduces Producer Self-Service PortalFebruary 24, 2012MajescoMastek introduces Producer Self-Service Portal, which extends vendor's Elixir Distribution Management offering to facilitate Internet communication and collaboration among agents, broker/dealers and carriers.
4 Presidents' Day Weekend ContractsFebruary 21, 2012Insurers including RLI, Kentucky National and COUNTRY Financial inked deals with new technology providers this weekend.
Insurers Must Rethink Vendor Relationships in the CloudFebruary 21, 2012Cloud-based technology solutions are proving to be a valuable new resource for insurance IT organizations seeking to do more with less. But getting the most from the cloud requires carriers to rethink vendor relationships.
MajescoMastek Investment in SEG Begins to Pay DividendsOctober 21, 2011Both the vendor and carriers shopping for modern life and annuity policy administration platforms will benefit from Elixir NA's debut implementation at Wawanesa Life.
Wawanesa Life Picks MajescoMastek Elixir as Target Policy Admin PlatformOctober 20, 2011The carrier identified Elixir from among available systems as the best fit end-to-end platform available to meet its objectives of straight-through processing, reduced product development time and enhanced customer service.
DAS Canada Implements MajescoMastek Billing SystemOctober 08, 2010The legal expense insurance provider selected STG Billing for its introduction to the Canadian market — representing Majesco's first billing implementation in the country as well.
Tokio Marine Management, Ocean Life Insurance Tap MastekAugust 31, 2010The U.S. P&C carrier has gone live on the STG Billing product, and Bankok-based Ocean Life will implement Mastek's ElixirAsia enterprise policy administration solution across all its lines of business.
