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.
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.
What Matters in IT, Part 2: Solving Legacy with ACMFebruary 08, 2013While other approaches may ultimately provide a technical solution, continuous migration is the only practical way to deal with the legacy dilemma.
Adminovate Surprises with Indian Health Insurance TPA DebutJanuary 09, 2013The Philadelphia-based vendor, whose forwardPAS system has a pedigree through pioneer L&A-focused system AdminServer, will support Mumbai-based Health India TPA Services’ healthcare claims administration.
6 IT Competencies That Health Insurers Must Master Post-ReformNovember 19, 2012One of payers' biggest challenges is in the way that they go to market as the Affordable Care Act completes rollout. Insurers must implement flexible IT systems that enable unprecedented business agility.
Oracle's Hurd Gets Tough Questions from InsurersFebruary 07, 2012At the company's Financial Services and Insurance Forum this morning, insurers pressed the Oracle president for specifics on his commitment to the industry.
Oracle Makes Big Data Appliance MoveJanuary 11, 2012By partnering with Hadoop software and support provider Cloudera, Oracle gets a fast start in the big data market.
Q&A: Atlantic Casualty CIO Greg RickerJanuary 02, 2012Atlantic Casualty CIO Greg Ricker discusses why the E&S carrier implemented Oracle Documaker to improve ease of doing business for its MGA partners.
Gain Big Savings from Big VendorsDecember 13, 2011As insurers undertake much-needed modernization efforts, they must optimize investments in their largest vendors to avoid the pitfalls of overspending.
Oracle Launches Solvency II Compliance SolutionJuly 27, 2011Oracle Insurance Quantitative Management provides easy-to-use tools to create reports and perform
task related to reports required of European insurers by the Solvency II regulations.
Turner Construction Deploys Oracle Insurance Suite July 01, 2011The nationwide builder is replacing legacy internal insurance-related capabilities with Oracle Insurance Insbridge Rating and Underwriting, Oracle Documaker and Oracle Insurance Data Capture
The Quick Quoting Conundrum - Where Do We Go From Here?June 09, 2011Three core strategies can help insurers to capitalize on the service and operational advantages of rapid quotes while ensuring that they can "get it right" the first time.