Business Platform Transformation Strategy [ Source: Adaptivity Inc. ]
October 2008- Today’s CIO organizations face a complex array of challenges in managing the Business Platform (the group of applications and services that implement the Business Value Chain). The business perceives technology innovation as a business differentiator, demands application portfolio stability, requires change requests to be handled promptly, experiences growth rates that are often unpredictable and exponential, and exerts continuous pressure to reduce product time to market. Complicating this, these challenges are being made to IT ...

Guidelines for Claims Management Systems Selection [ Source: Systema Software ]
January 2009- Selecting a new claims system can be an intimidating task due to the risks involved in going with the wrong choice. The complexity of the evaluation process requires an understanding of technology, change management, licensing and support options among others. The purpose of this white paper is to help you simplify this effort by focusing on what really matters and avoiding getting caught up in the technical and vendor jargon.

Next-Generation Affinity Insurance Marketing via the Web [ Source: IdeaStar, Inc. ]
September 2008- The Affinity insurance distribution model illustrates the ways in which rather complex go-to-market systems can be simplified utilizing technology solutions and the Web. Moreover, Web-enabled technology solutions can be highly effective for the sale of insurance products and services to association members and affinity groups. The solution is robust. however, and requires a great deal of marketing savvy and technological capability. As with any affinity and member-driven organization, the goal is to provide valuable benefits ...

10 Things Most Vendors Won't Tell You About Modernization [ Source: CSC ]
January 2012- Most insurance carriers are facing the same challenge: aging, complex IT systems that are costly to maintain and too inflexible to support new business initiatives. But how can large organizations with major legacy baggage effectively assess all challenges and all options to develop a crystal clear modernization approach?<br><br> Read this paper to learn 10 different approaches that IT organizations can use individually or in various combinations to achieve their modernization ...

Virtual Office for Insurance Carriers Creates Cost Savings [ Source: CGI ]
March 2011- Today more and more insurance companies are demanding systems that support, or enhance, their virtualization strategy. Systems must not only enable “work from home” or telecommuting programs, but are expected to be available anywhere and anytime.

The insurance agent expects to be able to connect to a system in the office, at home, at a coffee shop, or even on the golf course. As technology advances enable our ability to access information anywhere, ...

PolicyWriter Overview: Changing the Economics of P&C Insurance Policy Administration [ Source: Adaptik Corporation ]
May 2010- The Adaptik Challenge: Your insurance product. Our software. Six weeks. See how quickly PolicyWriter can help your business thrive. PolicyWriter fundamentally changes the economics of P&C insurance policy administration. Our rapid implementation gives you unprecedented competitive advantage.

Back Office Transformation for a Large Commercial Property-Casualty Insurance Provider [ Source: Wipro Technologies ]
April 2010- The client wanted to: Replace and enhance its existing enterprise wide data warehouse environment in order to address specific risks related to the existing back office processes. This would reduce the total cost of ownership of various back office applications and provide a robust platform for launching future Business Intelligence capabilities. Achieve substantial flexibility. Solution: Wipro worked to deliver the following key objectives: •Implemented an enterprise data warehouse based on IBM Insurance Information Warehouse (IIW) ...

Actuarial Development for Driving Revenues and Profitability [ Source: Wipro Technologies ]
April 2010- In Europe's complex Life Insurance sector, the client, who had been using Prophet for two decades to improve risk management, was left with a complicated and unwieldy actuarial product development environment. The effort and time required for developing and testing existing risk models did not allow the actuaries to focus on their core functions of new product development and actuarial analysis of business. The client therefore needed to streamline this entire operation to enhance revenues ...