Changing the Rules of the Game: An Adaptive Approach to Core System Migrations [ Source: Oracle Insurance ]
January 2012- Improved speed to market, more competitive product offerings, better customer service - these are the advantages that come with replacing an aging policy administration system. So why do insurance companies still hesitate to undertake a replacement project? One reason is the risk involved in migrating from an old policy administration system to a new one. New ways of thinking about core system migrations, including data conversions, can help insurers reduce this risk and realize the ...

12.01.10 How Insurance Companies Can Benefit from Agile Development [ Source: TechWeb ]
December 2010- Agile development is being touted as a way insurers can reduce project risks and improve deliverables. Matt Josefowicz, Director of the Insurance Practice at Novarica, identifies the opportunities to leverage agile development in the insurance indust

SAS: An Information Roadmap for Insurers [ Source: TechWeb ]
November 2010- Industry consultant, Mark Gorman, presents a high level business information roadmap for insurers. Using this data management approach, insurers can optimize operations and performance, improve strategic decision making and enhance competitiveness.

Rapid Product Innovation [ Source: Infosys ]
November 2010- Infosys' Rapid Product Innovation solution helps carriers to implement product / plan changes faster and cost efficiently. It combines product introduction methodology, externalization of hard coded business rules, automated workflows, and integrated data management to deliver higher operational efficiency.

Account Reconciliation: Maintaining Account Integrity and Responding to New Reporting Requirements [ Source: Ernst & Young ]
June 2010- Their overburdened back-office operations, finance staff and technical infrastructure are under pressure to meet ever-increasing demands. As insurance companies face shifting regulations and a challenging economy, their CFOs and CIOs are concerned about their organizations’ ability to maintain account integrity and respond to expanding reporting requirements. Our experience indicates that challenges within core financial processes and typical legacy finance architecture can result in problems with account integrity, including poor data quality, that make timely and ...