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.
4 Things Insurers Really Want from MobileMay 30, 2013FirstBest surveyed its insurance carrier customer base to discover exactly what insurance company employees want in enterprise mobile capabilities.
Insurance IT Pros Satisfied Despite Flat SalariesMay 01, 2013Insurance IT pros aren't seeing huge salary increases, but job satisfaction is high and opportunities abound for those with a passion for the business, our research shows.
Fads Versus Reality: What's the Best Way to Boost Workforce Productivity?April 26, 2013There's been much debate about the best way to encourage employee productivity. Insurance & Technology's IT Resource Management Guide offers insights into this challenge and other strategies for getting the most out of staff, budget and IT partners.
3 Trends in Insurance Technology TrainingMarch 15, 2013As with any other IT investment, insurance technology executives need to maximize the value – in terms of time and resources, as well as expenditures for every employee training investment. However, it’s often difficult to know where training w
As Telecommuting Debate Rages, Aetna Sticks by Big At-Home WorkforceMarch 01, 2013Of the insurer's 35,000 employees, 14,500 do not
have a desk at the home office, a move that the company's top executives, CEO Mark Bertolini and national business chief Joseph Zubretsky, have said helps cut costs in real estate.
How is Insurance Technology Like Downton Abbey?February 26, 2013The great English house is a legacy system embedded in an institution with a history of hostile takeover. Its survival depends on accessing new talent and reorienting itself to understand its mission from an outside-in perspective.
MassMutual CIO Bob Casale Reimagines ITFebruary 06, 2013The technology head visited Insurance & Technology's offices and shared some insights into the insurer's new approach to IT.
3 Ways Insurers Can Win with Predictive AnalyticsJanuary 31, 2013Implementation of predictive modeling is on a slow but steady climb in insurance. Here's some tips for getting the most out of your initiatives.
How Data Quality Bolsters Workforce OptimizationNovember 16, 2012If only 75% of the information in a given insurer's database is accurate, a sophisticated workforce optimization system may not be able to make the right calculations.
8 Ways to Maximize Insurance CIO SuccessOctober 26, 2012Insurance CIOs will need to embrace agile development, focus on execution and utilize a number of other management strategies in order to find continued success, according to Novarica's Matthew Josefowicz.
How Insurance & Technology's Elite 8 Balance Work and LifeOctober 24, 2012In today's highly charged insurance market, the pressure on technology executives can be extreme. Here's how some of the 2012 Elite 8 leaders balance their work and personal lives.
Elite 8 2012: Graeme Boddy Accelerates IT Development To Stay AheadOctober 15, 2012For Builders Mutual CIO Graeme Boddy, the recession offered an opportunity to build infrastructure for a new kind of insurance agent and customer. Today, the company is reaping the rewards.
4 Reasons Security Policies Fail, And 7 Steps to Make Sure They Don'tSeptember 11, 2012Without an ongoing systematic and proactive user awareness program, a strong security posture is in jeopardy. There is no cure for human error, but insurers can educate their workforce to help employees make the right decisions and avoid unnecessary mistak
How To Build The Right IT SkillsMay 18, 2012Every IT pro, no matter how senior, must always be in learning mode, but especially in a lackluster economy.
Jackson National Life Opens New IT Center, Adds StaffMarch 19, 2012The new positions are mostly concentrated in Internet development and document systems programming activities, as well as Java programming, network administration and other infrastructure-related areas.