Insurance Networking News: Executive Strategies for Technology Management articles from April 2008

Insurance Networking News: Executive Strategies for Technology Management archives from April 2008

The Route to Real-Time Transactions.
April 1, 2008... Carriers, agents/brokers, vendors and industry experts have been discussing single-entry, multiple company interface (SEMCI) for years. Its coming; its going to make a big impact on the industry, theyve heard from peers, media and industry...

Risk Management: Carriers Take Cautious Climate Change Approach.
April 1, 2008... It has been said that the only constant is change, and that certainly is the case with earths climate. The rancorous debate about whether human activity is abetting this change is largely immaterial to an insurer, which, as an assessor of risk,...

Content/Document Management: E-Discovery: A Way To Paperless Organization.
April 1, 2008... Uncovering the best way to manage documents and electronically stored information (ESI) is of the utmost importance to insurers. Document management affords a company many benefits but lately, separating itself from the chaff is its role in...

A No-Brainer.(business leaders)
April 1, 2008... When evaluating what makes a great business leader, Tom Peters may not have envisioned this: Psychologists from the University of Toronto, Harvard University, the University of Hawaii and McGill University have come up with computerized...

Streamlined Sales Process Now on Track at Aon: Aon's consolidation of its sales and marketing efforts lets the business side do the driving ... and puts IT in the backseat.
April 1, 2008... AON takes its name seriously. Gaelic for oneness, the insurance brokerage and risk management consulting firm recently completed a global initiative that consolidates sales and marketing efforts onto one platform. With a multi-country...

News Briefs.
April 1, 2008... CONCIERGE CLAIMS SERVICE METHOD Progressive, Mayfield Village, Ohio, is using a claims processing method to take full responsibility for its policyholdersE entire vehicle claims/repair process following a crash. Conceived in 2000 and...

Solutions.
April 1, 2008... CONNECTIVE AND TORRENT ALLIANCE PRODUCES INTEGRATED SOLUTION Houston-based Connective Technologies Inc. announced an exclusive alliance with Seattle-based Torrent Technologies Inc. for providing TEAM-UP Download and Translation Solutions...

Automated Underwriting: A Reality for Life Insurers: A growing number of insurers recognize the need to use data analytics to enable intelligent, instant issue of underwritten life insurance.
April 1, 2008... The life insurance industry struggles to grow in large part due to slow and complex underwriting processes that make it too time-consuming and costly to write new business and broaden distribution channels, especially in the underserved...

News Briefs.
April 1, 2008... GAO TO INSURERS: PROVIDE MORE CLAIMS DATA A recent report by the Government Accountability Office (GAO) in Washington suggests insurers should make a broader swath of claims data available to Federal Emergency Management Agency (FEMA)...

Solutions.(from Clearwell Systems Inc.)
April 1, 2008... XML COMPLIANT E-DISCOVERY Clearwell Systems Inc., Mountain View, Calif., reports that version 3.0 of the Clearwell E-Discovery Platform is compliant with the Electronic Discovery Reference Model (EDRM) Projects Extensible Markup Language...

New Technologies Present ... Challenges and Opportunities.(climate change impacts on insures)
April 1, 2008... One way climate change impacts insurers is by altering the business models of the companies they cover. If climate change recasts the way we power and transport ourselves, insurers will have to adapt. Our risk profiles are reflective of our...

Customer Volatility: A Chance for Growth?
April 1, 2008... Shifts in customer behavior, distribution patterns and preferences could provide significant growth opportunities for insurers prepared to embrace and leverage these emerging changes, according to the World Insurance Report 2008an international...

News Briefs.(online security when moving)(Brief article)
April 1, 2008... MOBILE WORKERS LESS SECURE WITH ONLINE BEHAVIOR Key findings from an annual global study on remote workers' security awareness and online behavior indicate how risk is inadvertently heightened for workers and the companies for which they...

Solutions.
April 1, 2008... NEXT GENERATION SUITE Bitam USA, a Roswell, Ga.-based provider of enterprise performance management (EPM) and business intelligence (BI) solutions, released G6, the sixth generation offering of the companys flagship software suite. Bitam...

Carriers Roll Out the Policy Admin Red Carpet: Strong vendor competition, better technology and faster speed to market cause insurers to increasingly implement systems.(Company overview)
April 1, 2008... In times past, policy administration implementations were often anything but pretty. Much time and money was wasted as insurers watched vendors fumble about and try to learn on the job how to iron out kinks. As technology was developing and...

News Briefs.
April 1, 2008... EPAM NAMED ITO LEADER EPAM Systems Inc., a global software engineering outsourcing provider with development centers in Central and Eastern Europe, was awarded the No. 1 position in the oEmerging European Marketso category of the 2008...

Solutions.
April 1, 2008... ACCENTURE UNVEILS P&C INSURANCE SOLUTIONS Bermuda-based Accenture recently unveiled newly enhanced claims, underwriting and policy administration solutions designed to help property/casualty insurers industrialize their operations by...

Who's Buying What: Recent deals for technology software and services.(Company overview)
April 1, 2008... NATIONWIDE MUTUAL ADOPTS APP TESTING SOLUTION Nationwide Mutual Insurance Co., Columbus, Ohio, implemented Voiyager Dynamic Application Discovery, Syntellect Inc.s application testing solution designed to address comprehensive testing and...

INN April 2008 Editorial Index.
April 1, 2008... Company Name Page # 10-Strike Software 31 Accenture 35 ACORD 16 AdminServer Inc. 34 AgencyPort Inc. 22 AIG Inc. 4 AIIM 34 AIR Worldwide Corp. 14 Allianz Group 14 AMS Services 22 Aon...

Ad Index For April 2008.(Website list)
April 1, 2008... Advertiser Website Address Page # ACORD LOMA www.acordlomaforum.org 9 Insurance Systems Forum Adminserver www.adminserver.com 5 AgencyPort www.agencyport.com 37 Insurance Services AQS www.aqssys.com 11 ...

Insurers Can Educate About Identity Theft: Consumers look to insurers for identity theft information, which could ultimately lead to identity theft insurance purchases.
April 1, 2008... Identity theft is one of the fastest rising crimes in America, affecting 10 million people each year. So where are Americans turning for identity theft solutions? The answer may surprise you. According to a new National Association of Insurance...