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

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

Carriers Corral Costs with Asset Management.
August 1, 2008... Information technology is inherently polyglot. While none seek complexity for its own sake, an overhead view of any sizable insurance operation will reveal dozens of different types of desktops, servers and networking equipment running various...

Channels Work Together toward the Same Goal.
August 1, 2008... An obvious key to success in the insurance business is selling policies, and the more ways an insurer can sell those policies, the better. Its no secret that the Internet is moving quickly into consumers day-to-day activitiesenabling clothing...

Marketing During a Down Economy Requires Insight.
August 1, 2008... The classic role of marketing usually entails defining the customers to be targeted, determining their needs, and then meeting those needs with products and services that best match their requirements. This often involves a carefully...

Why Bill Left.
August 1, 2008... Like many star athletes, Bill Gates wants to go out on top. As Microsofts founder, Gates is a man who doesnt like to lose. Since its inception in 1975, Microsoft has experienced its share of losses, only to rise above and conquer most in...

Solutions.(Connextions.net Inc. enhanced customer relationship management software)(Air2Web Inc. improving mobile marketing solutions)(Brief article)
August 1, 2008... SAAS-BASED SOLUTIONS FROM CONNEXTIONS Connextions Inc., Orlando, Fla., announced that two of the companys proprietary Software-as-a-Service-based technology solutionsMarket Compass analytics suite and bConnected Customer Relationship...

Direct Mail and the Internet: No longer an oxymoron.
August 1, 2008... In todays economy, the technology begets technology idea (using technology to determine new business targets, and technology to carry and host the message), seems to hold true even for an old-fashioned direct mail campaign. It has been...

Solutions.
August 1, 2008... NEW INVESTMENT MANAGEMENT SOLUTION A new tier of SunGardEs iWorks Investments solution suite is now available. SunGardEs iWorks Investment Management is an investment accounting solution that is designed to help insurance and other...

Billing Systems Evolve: To keep pace with the evolving expectations of their customers, insurers are investing in this oft-overlooked core system.
August 1, 2008... When the time comes to replace core systems, billing systems rarely get top billing waiting as policy administration and claims get first priority. Insurance Networking News asked Katie Doyle, who manages product marketing at San Mateo,...

Cost-Cutting Options Abound.
August 1, 2008... A simple way for IT asset managers to trim software license fees is to avoid them altogether by opting for open source software or freeware when feasible. At Moncton, New Brunswick-based Medavie Blue Cross, Lynn Barbour, coordinator of...

Everyone Wins With Document Management: A Florida-based insurer turned to a document management system to dramatically enhance the quality of its documents.
August 1, 2008... Frontline Insurance Managers Inc. saw a critical need to improve the quality of its documents, which it found to be dated, lacking in identity and inconsistent with the firms brand image as a high-quality provider. Like many carriers, the Lake...

Solutions.
August 1, 2008... GEICO, INSURITY TEAM ON COMMERCIAL AUTO To support the launch of its new commercial auto insurance business, GEICO implemented InsurityEs Insurance Decisions product, an end-to-end processing suite. GEICOEs initial states are in production,...

Carriers Confront the Changing Face of Storage: As insurers find new uses for data, the technology and architecture of warehousing must adapt.
August 1, 2008... When German armored columns unexpectedly smashed into Allied lines during The Battle of the Bulge on Dec. 16, 1944, many American cooks and clerkslong accustomed to the relative safety of the rearfound themselves hastily pressed into front line...

Solutions.
August 1, 2008... PATNI RELEASES AUTOMATED FRAMEWORK FOR INSURANCE Patni Computer Systems Ltd. a Mumbai, India, IT consulting and services provider, launched a customizable solution framework for the development or modernization of insurance business...

IT Salaries Stagnant.
August 1, 2008... Salaries for IT personnel have stagnated in 2008, according to a recent study from Park City, Utah-based management consulting firm Janco Associates Inc. Polling more than 800 companies, including insurers throughout the United States and...

Who's Buying What: Recent deals for technology software and services.
August 1, 2008... NAPCO EXPANDS USE OF AIR CATASTROPHE MODELS Commercial insurance wholesale broker Napco LLC, Edison, N.J., is expanding its use of the catastrophe management application CATStation to assist its clients with their catastrophe underwriting...

Innovative Claims Service Through Strategic Web Use: Regional and niche carriers can use the Web to form closer bonds with their customers and reach target markets nationally.
August 1, 2008... It doesnt do any good to write new business unless you can service it well, and managing claims is one of todays most complex challenges. Consumers expect full transparency and personalized service, and they want it right now. Meanwhile, claims...