Recent Articles
December 15, 2010 - By STAFF WRITER
The economy has a very direct impact on our insurance business and our ability to make profitability targets....
December 01, 2010 - By STAFF WRITER
Rather than basing the question on the size of the organization to determine if best-of-breed is the better approach, perhaps we should consider what the carrier is trying to accomplish. ...
November 22, 2010 - By Contributing Writer
“The pace will pick up as the market begins to turn. Those carriers that haven’t been able to keep pace with technology are going to find themselves potentially acquired because they are not competitive. ...
November 17, 2010 - By Contributing Writer
Recent turmoil in financial markets has prompted global insurance regulators to consider sweeping reform designed to protect policyholders and promote confidence in the financial stability of the insurance sector. ...
November 10, 2010 - By STAFF WRITER
For the fourth consecutive year insurers are actively searching for and selecting third party software to replace legacy core insurance systems....
November 10, 2010 - By Contributing Writer
It seems one cannot help but rehash debate in the insurance industry....
October 27, 2010 - By Karen Furtado
Automation in the insurance industry is driven by business needs – the need to grow, to reduce cost by increasing productivity, to stay competitive with more appealing products and better customer service. ...
October 27, 2010 - By STAFF WRITER
A lot of carriers on the business side don’t support an IT strategy or an IT roadmap. ...
October 20, 2010 - By STAFF WRITER
A lot of the sales of legacy replacements that have happened in the industry have happened because [carriers] didn’t have a clearly communicated or clearly endorsed business capability value....
October 18, 2010 - By Chad Hemenway
Tens of millions of Facebook users play FarmVille, a real-time farm simulation game where users build virtual farms, taking care of crops and animals while interacting with friends. ...
October 13, 2010 - By STAFF WRITER
Dallas National Insurance has chosen the 4Sight Business Intelligence for Property & Casualty solution for their workers’ compensation and other commercial lines of business. ...
October 06, 2010 - By Arun Prasad
Cloud is a great paradigm change that can provide great benefits, but I think back to the days when everyone said SOA was going to redefine our marketplace or the Internet was going to change everything....
September 21, 2010 - By STAFF WRITER
In some cases insurers do view their vendors as partners, but unfortunately this is not always the case—and almost every insurer and vendor has felt that pain at some point. ...
September 17, 2010 - By STAFF WRITER
Implementation is the biggest internal issue. Once an insurer commits to a project, they need to make sure the resources needed to implement are available for input, evaluation, and testing. ...
September 03, 2010 - By ROBERT REGIS HYLE
As hurricane Earl bounces up the coastline from the Outer Banks of North Carolina to Cape Cod in New England, insurers are bracing for a big event. ...
September 01, 2010 - By STAFF WRITER
There are some types of vendors where there is a large number of competitors and their product or service has been commoditized. ...
September 01, 2010 - By Eric Gilkey
Last week, State Farm introduced a widget for Android smartphone users that allows drivers to automatically reply to incoming texts that are received while on the road. ...
August 25, 2010 - By STAFF WRITER
There’s no doubt the insurance industry still faces difficult challenges, even as the economy begins to improve. Insurers today are concerned with market risk, increased regulation, declining premiums, and the ever-present need to cut costs. ...
August 18, 2010 - By ROBERT REGIS HYLE
It’s hard to predict the future without a crystal ball. In terms of what insurance carriers do, when predicting how things will turn out the data is their crystal ball. ...
August 11, 2010 - By STAFF WRITER
Managing the implementation of a new software solution is imperative. ...
August 11, 2010 - By ROBERT REGIS HYLE
Insurance carriers are increasing their reliance on metrics as they manage their business and are not relying strictly on their own numbers, according to Jeffrey Rieder, president of the Ward Group....
August 04, 2010 - By DENISE GARTH
The definition of partner is “one who shares; has a close cooperation, joint rights, and responsibilities.” ...
August 04, 2010 - By ROBERT REGIS HYLE
Integrating customer service with technology has been an area of progress among insurance carriers in recent years and should continue in that direction, according to Donald light, senior analyst with Celent....
July 28, 2010 - By ROBERT REGIS HYLE
Summer means it’s time for another hurricane season....
July 15, 2010 - By ROBERT REGIS HYLE
The issue of enterprise content management has been kicked around home offices for years and there remains a significant number of insurance carriers that have chosen to delay implementing such a system....