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July 2013- This white paper provides a data management perspective on modernizing legacy systems for life, property and casualty, and group insurers by examining business purposes, benefits, risks and dependencies while also avoiding common challenges of insurance legacy modernization.
IT Governance is a framework designed to ensure that technology investments generate business value and mitigate risks. The problem with governance in the on-premise world is that it typically drives a wedge between the two departments it is designed to serve. The business gets frustrated with IT's slow moving progress, and IT feels alienated when the business sees them as a barrier to progress.
Enter Cloud Governance, a legacy strategy that ...
January 2014- SAP Circular Authority for Insurance enables easy tracking and analysis of ISO Circulars in the Cloud. Insurance carriers can improve speed to market and reduce the effort required to analyze and interpret ISO circulars, which represents 32% of the of the overall circular adoption effort. SAP Circular Authority cloud-based solution also supports improved quality and compliance of an insurer's ISO-based products. Content is interpreted by ISO, delivered electronically, and presented in a business-friendly way. The overall ...
Take a look at Howard Dresner's 4th annual Wisdom of Crowds Business Intelligence market study with in-depth market analysis, 80 charts and tables and 23 vendor rankings. Howard Dresner spent 13 years at Gartner Research, where he was responsible for the BI Magic Quadrants and conferences.
The Wisdom of the Crowds study is unique in that the findings are completely crowd-sourced from actual BI users, implementers and purchasers. This year's study shows that SaaS/Cloud, Dashboards, ...
Straight from the horse's mouth: The following infographic presents expansion bottlenecks, resource restraints, strategic influencers, & a toolkit for success around transforming Producer Lifecycle Management, as offered by other insurance companies hoping to elevate Producer Lifecycle Management to a strategic initiative.
Bottom line? To achieve growth objectives, carriers need to spend more time pursuing strategic initiatives and less time on the tasks and communication required to get and keep their sales channel authorized to ...
November 2012- New research by Oracle and Insurance Networking News sheds light on insurers struggle to attain agility. This white paper reveals the research findings to illuminate challenges that hinder insurers efforts to meet their business goals.
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:
• Process Innovation
• Operational intelligence
• System modernization
See what CSC has seen work in the insurance industry, and draw on the authors' real-world experience, as well as customer insights.
After an intensive study of server and data center energy efficiency for Congress, the U.S. Environmental Protection Agency (EPA) reported that the U.S. data center industry is in the midst of a major expansion period spurred by increased demand for IT capacity to support busi-ness growth. The Agency listed several trends that are stimulating this demand, including:
• Increased use of online banking and electronic stock trading • Adoption of Internet-based communications and ...
TechWeb asked subscribers of Bank Systems & Technology and Insurance & Technology about energy-saving computing practices, paperless processing and other environmentally aware business practices in their organizations.
From more than 600 responses, we were able to make several observations about the financial services industry’s response to the threat of climate change. Overall, the green message is getting through, and financial services executives have demonstrated a high level of concern and awareness of green issues. However, ...
Experience shows that wasted energy can cost tens of millions of pounds: environmental awareness goes with a keen eye for the bottom line. Combined with the financial impact of energy efficiency, in the current political climate, the responsible use of energy has serious implications for an organisation’s public image.
This paper explores how an organisation can sustainably reduce its carbon footprint and its costs at the same time. It is a practical ...
October 2003- Entering the key London market via a Lloyd’s syndicate meant newcomer Danish Re had to find an administration system that could cope with the demands of a growing global reinsurance business and comply with the strict self-regulatory requirements imposed by Lloyd's of London. It found the solution in CSC’s SICS/nt P&C. The solution enabled entry into both the global and Lloyd’s insurance markets; avoided business duplication with a real-time system; ...
March 2007- Virtusa helped the client respond to regulatory changes in a quick, efficient and cost-effective manner, enabling it to focus on its core business--product management and branding of insurance products. Timely completion of this project was a key driver for our client to maintain its competitive advantage. Our client required consultancy and application development services to address key time-critical changes needed for it core 403(b) applications.
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