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.
Realizing Insurance IT Value Requires New Tools, New MindsetFebruary 12, 2013Insurers typically spend three to five percent of their revenue on IT, but they spend only a very small fraction of that on determining if they are maximizing their investment. That needs to change.
10 Insurance Technology ImperativesApril 21, 2010Insurance companies must tackle 10 critical business-technology initiatives in order to remain competitive, according to Deb Smallwood, founder, SMA.
ISOTech Panel Gauges IT/Business Relationship Woes November 14, 2008There will always be incentives toward alignment in an information-driven business, but CIOs still struggle to demonstrate the value they bring to the insurance enterprise, especially when business executives fail to live up to their alignment responsibili
Lori Beer Named WellPoint CIO, EVPAugust 25, 2008Former CTO will balance innovation and simplification while cultivating greater strategic alignment between IT and the buisness.
Northwestern Mutual CIO Schaefer Drives Greater MaturityApril 22, 2008Tim Schaefer will leverage the experience of a wide-ranging career within Northwestern Mutual to shepherd the carrier's IT organization to new levels of maturity.
IT, Data Governance ConvergeNovember 12, 2007Developing a common framework that defines the scope of governance, policies, IT and business responsibilities is essential to manage data effectively.
Clean Slate May 13, 2005AutoOne's Carey Benson brought a sense of the proper alignment of business and IT to the challenge of building a start-up on a short timetable.
/management/showArticle.jhtml?articleID=201201449September 08, 2004R.E. Nolan Company senior consultant Eugene Reagan recommends up-front steps that can prevent technology initiatives from bombing.
I&T Executive Summit News: Elite CIOs Weigh-in on Industry Issues.November 19, 2003At Insurance & Technology's Executive Summit 2003, held in Tucson, Ariz., November 9-12, a distinguished panel of CIOs was asked: Does IT Matter? The answer given by Gary Scholten, senior vice president and CIO of Principal Financial Group was "It's all ab
Building the Bridge Between Business and ITMay 02, 2003Many firms are creating a Project Management Office, to ensure greater alignment between IT and the business units. How can you make this function work inside your organization?
McCaig Advocates Power to the IT PeopleOctober 16, 2001In an increasingly complex IT world, it's the people who are the keys to success, emphasizes Chuck McCaig of Chubb.
