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 ...
Building Effective Business and IT Operations in a New Economy
[ Source: CSC ]
January 2012-
New modernization opportunities can help insurers cost-effectively transform existing technology and reduce operational costs with minimal risk. Read about four key modernization strategies that will help you retain business, grow market share and improve profitability: <br><br>
• Process Innovation<br>
• Operational intelligence<br>
• System modernization<br>
• Multisourcing<br><br>
See what CSC has seen work in the insurance industry, and draw ...
Text Terminals, Thin Clients or PCs? Six Arguments in Favor of Choosing Text Terminals When Adding or Replacing Desktops
[ Source: Boundless Technologies ]
August 2010-
The text terminal is alive and well in thriving organizations –- from giant banks to local credit unions. As these businesses grow and expand, they frequently need to add desktops to support more users. IT managers may be asked to justify their decision to stay with text terminals rather than “upgrading” to thin clients or personal computers with terminal emulation. This justification is simple when one looks at the significant advantages that text terminals offer: ...
Core Mission: Solving the Core Systems Transformation Puzzle
[ Source: TechWeb, the Global Leader in Business Technology Media ]
June 2009-
New financial services realities demand enhanced core functionality around risk, regulatory compliance and customer retention. To meet these demands while coping with a continuing global financial crisis and maximize the return on their technology investments, many banks are taking a phased approach to implementing new core capabilities. Three articles explore how some financial services firms are addressing their core systems issues:
-- A Return to Core Values: Amid an economic downturn that is only beginning ...
How Leading IT Executives Cut Costs
[ Source: CAST ]
May 2009-
CAST recently caught up with Kelly Cannon, former Vice President, Shared Application Services at Kaiser Permanente, one of the largest health care insurers in the U.S. Kelly tells us about the current state of IT in the insurance sector, and how senior IT executives are responding to the tough economic conditions by rapidly delivering business benefits.
Key Topics
A Business Case for a Modern Claims System: Leaving a Legacy of Problems Behind
[ Source: Bluewave Technology ]
October 2008-
“A Business Case for a Modern Claims System” looks at the underlying issues of legacy systems, particularly claims management. Options for dealing with the handicap of a legacy system are offered by examining the benefits and disadvantages of each strategy, ultimately setting forth a business case for legacy replacement.
CSC's Java-based POINT IN J - End-to-End Policy Administration
[ Source: CSC ]
October 2008-
Long thought of as the 800 lb. gorilla in property and casualty insurance systems, CSC has demonstrated that it is a fast moving and agile 800 lb. gorilla. POINT IN J, introduced during Connect 2008, is CSC's Java-based end-to-end policy administration system that runs on Sun Microsystem’s Solaris operating system and Sun hardware. POINT IN J takes advantage of technologies not typically seen in the insurance industry and will appeal to both legacy insurers and new entrants ...
The Main Street America Group Realizes Significant Business Benefits with WAUSAU Financial Systems and Progress
[ Source: WAUSAU Financial Systems ]
July 2008-
Customer case study, profiling The Main Street America Group, that discusses significant business benefits realized with technology from WAUSAU Financial Systems and our partner, Progress Software.
State Auto Expands into New Markets and Keeps Pace with Technology, Fueled by CSC’s Software
[ Source: CSC ]
March 2006-
Over the past decade, State Auto’s growth was fueled by four acquisitions – Milbank, Midwest Security, Farmers Casualty and Meridian insurance companies. The last acquisition, which was migrated to CSC’s Series II system in 2005, pushed State Auto above the million-policy mark, boosting revenues to more than $1 billion in P&C premium. Now more than 3,200 independent agents in 27 states throughout the Midwest and Southwest are doing business with State Auto. The company wanted to simplify ...
Southern Mutual Church Insurance Teams with CSC to Double Revenues, Improve Profitability 26 Points
[ Source: CSC ]
March 2005-
Southern Mutual Church Insurance Co., based in Columbia, S.C., has made protecting rural churches its mission since 1928. The carrier offers all P&C commercial lines products designed to meet the specific needs of religious institutions, including commercial package policies (CPP), standard fire, business auto, workers’ compensation, and all liability including pastoral professional. The insurer wanted to provide a one-stop shop for risk protection for Southern churches, go multi-state and grow revenues, so it replaced ...