Streamlining Investment Portfolio Management and Control
Download this white paper and find out how a standardized data set and intelligent reporting can help insurance companies remove cost and complexity from managing diverse asset portfolios.
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IT Influencer Brief: Automating Producer Lifecycle Management, A Roadmap for IT Success [ Source: Vertafore ]
November 2012- This brief helps IT influencers quickly identify how they can best support their business users, and remove typical IT pushback hot buttons like “we can build it ourselves” and “this is yet another add-on system that’s going to take way too much of our time and money to support”, by making the case for SaaS-based, automated PLM application that seamlessly integrates with and breathes new life and up-to-date producer data into entrenched legacy systems
The Oracle Insurance Survey: Overcoming IT Hurdles to Success [ Source: Oracle ]
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.
Core Systems Modernization: Harnessing the Power of Rules-Based Policy Administration [ Source: Oracle ]
November 2012- This brief discusses how insurers can harness the power of rules-based configurability to derive faster time to value during key phases in their policy administration transformation projects requirements gathering and integration through the use of process models or configuration templates.
Company's Annuity Operations Increases Scale and Gains Efficiencies Using Straight Through Process (STP) and Best of Breed platforms [ Source: Oracle ]
November 2012-
The "Company" examined in this White Paper is a major financial services firm offering Variable and Fixed Annuity products through six insurance manufacturers, including its own. The Company recognized
the need to improve the services they provide to their advisors to spur continued growth, increase annuity product offerings, and simplify the sales process.
The distributor and their insurance partners made a commitment to move toward an automated environment. Together, they improved operations without ...
Four Trends Driving Document Automation [ Source: Oracle ]
November 2012-
This paper will describe four trends influencing EDA that help improve customer satisfaction, reduce cost and drive efficiency:
1. Empowerment: Giving customers real time web and mobile self-service options, while enabling business users to create dynamic communications
2. Leveraging analytics and business intelligence to improve efficiency and speed to market
3. Automating the document lifecycle to optimize processing and support high-volume printing
4. Consolidating EDA systems with the goal of reducing costs and centralizing ...
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 ...
The Business Value of Great Communications: A Strategy Meets Action (SMA) Perspective [ Source: Cincom Systems ]
December 2011-
The insurance industry sells promises - promises that are fulfilled by people. Unlike other industries that manufacture and deliver physical products, the value experienced by an insurance customer is a result of the interaction they have with the insurer, and the perception of how well the insurer has delivered on the promise of the insurance contract. For insurance companies, customer communications play a key role in shaping value.
The quality of customer communications ...
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
2011 Insurance IT Budget Outlook [ Source: TechWeb ]
November 2010- The past year saw a cautious renewal of IT investment by insurance companies. With the economy showing more signs of recovery, will this trend continue in 2011? Matt Josefowicz, Director of the Insurance Practice at Novarica, offers his predictions.
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.
Enabling Faster Product Innovation for a Leading LTC Provider [ Source: Infosys ]
November 2010- A joint venture of two top insurance companies operating in the US was looking to minimize the time-to-market of new products as well as enhance and improve its existing ones. Infosys used its RPI solution framework, to empower business users, externalize... product parameters and introduce the 'building block' approach to product construction. This helped the client introduce new products and revise existing products faster.
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.
A Hybrid Approach to Detecting Insurance Fraud [ Source: TechWeb ]
September 2010- SAS insurance fraud detection expert James Ruotolo describes powerful new software solutions for identifying insurance scams, stemming losses due to fraud and improving insurance companies' bottom lines.
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 ...
Decision Matrix: Selecting a Business Process Management Vendor [ Source: Progress Software ]
August 2010-
Savvion’s performance in the BPM Decision Matrix benchmarking proves that small, specialist vendors can excel in this format. Founded in 1994, Savvion was privately-held until January 2010, when it was acquired by Progress Software.
Over the last decade and a half, Savvion has garnered a reputation for innovation, embracing all process patterns, regardless of whether they are centred on documents, systems, human interactions, projects, decisions, cases or events.
Today, Savvion’s BPM ...
Building Profitable Relationships in Insurance [ Source: Interactive Intelligence ]
July 2010- For insurers, CCM is the key to maximizing every customer interaction — to capture more information about that customer’s needs, make timely offers, and enhance the service experience. Read how CCM is most valuable when insurers take a holistic approach, which allows them to create enterprise-wide flows of information from all voice and data communications, and generate structured as well as unstructured data via a wide range of channels.
What Is Changing the World of Insurance? [ Source: Wipro Technologies ]
April 2010- Insurance is the one of the oldest recognized industries in the world because from the very early times it has been the bedrock of human beings’ inherent need to explore trade, consume goods and establish relationships. Over the years, this industry has grown significantly, with technology playing a key role in this growth. In 2008, the Insurance Industry accounted for 7% of the world’s GDP and according to estimates by leading industry player, Munich Re, it ...
What Is Changing in the World of Insurance? [ Source: Wipro Technologies ]
April 2010- This whitepaper examines how the recent financial crisis has impacted the Insurance Industry. It also explores how the very building blocks of the industry or what it chooses to influence -- savings, consumptions, trade and relationships -- are changing. However, it is important to note that while some of the trends we will discuss may have started much earlier, the impact has become sharply visible as a consequence of the recent recession.
P&C Industry - Technology Strategy after Financial Crisis [ Source: Mahindra Satyam ]
March 2010- As the year 2009 ended, the dust from the worst financial crisis since the Great Depression has begun to settle. The depth and breadth of damage suffered by the U.S. and global economies is becoming apparent. From the P&C perspective, insurers saw their net income plummet and the net premium written trend also lowered. Insurers hoping for a resurgence of hard market in the 2nd half of 2009 realized that this was just wishful thinking. ...
2010 Policy Administration Systems Outlook [ Source: TechWeb ]
February 2010- Although today there are many more options available to carriers, its still a challenging and often risky decision. Novaricas Matt Josefowicz speaks with I&Ts Kathy Burger about current trends in the policy administration systems market.
Balancing the Scales Study from IBM [ Source: TechWeb ]
January 2010- In a study just released in 2009, the IBM Institute for Business Value worked with the largest IBM financial services research survey sample in its history, and from this work emerged an informed perspective on the characteristics that might be expec
IBM Insurance Opportunities in China [ Source: TechWeb ]
January 2010- Insurers will find many opportunities for growth in China, but theyll first need to tweak their business models and distribution channels to meet the needs of Chinas increasingly sophisticated and self-directed consumer.
Insurers Look to Emerging Markets for Growth [ Source: TechWeb ]
January 2010- There is an enoromous demand for insurance products and services in emerging markets but insurers must be prepared to focus on the right consumers and provide them with the right products and excellent service.
1207 - Key Trends in Multi-Channel Distribution [ Source: TechWeb ]
December 2009- In this video clip, Matt Josefowicz, Director of the Insurance Practice at Novarica, talks about how the multi-channel distribution model in insurance is evolving.
Insurers Look to Emerging Markets for Growth [ Source: TechWeb ]
November 2009- There is an enoromous demand for insurance products and services in emerging markets but insurers must be prepared to focus on the right consumers and provide them with the right products and excellent service.
View All Categories
INSURANCE: Architecture/Infrastructure, Claims, Customer Insight/Business Intelligence, Distribution, Management Strategies, Policy Administration & Management, Regulation/Financial Systems, Security/Risk Management
BANKING: Architecture/Infrastructure, Channels, Core Systems, Customer Insight/Business Intelligence, Payments & Cards, Regulation/Compliance, Risk Management/Security
ADVANCED TRADING: ATS/ECN/Dark Pool, Algorithmic Trading, Block Trading, Cross Asset Trading, Data Latency, Derivatives, Market Data, OMS/EMS, Trading Infrastructure/Technology, Trading Regulations/Compliance, Trading/Exchanges, Transaction Cost Analysis (TCA)
CAPITAL MARKETS: Asset Management, Compliance, Data Latency, Data Management, Data Security, IT Infrastructure, Operations, Risk Management, Wealth Management

