Analytics

A new survey eliciting the opinions of insurance executives about the software products they use yields some interesting results.

Document/content management saw the most activity among property/casualty and life/health insurers and vendors.

The insurance industry was at the forefront when mainframe technology began to be used in business some 40 years ago, but we quickly lost that reputation in the years since. In fact, insurance—by nature a risk-averse business sector—has been slower than most to adopt new technologies, and wireless devices are no exception.

Rochelle, Illinois is probably not the first place one would look to find a data center replete with leading edge technology. Yet, it is here in this pastoral hamlet 80 miles west of Chicago that Northbrook, Ill.-based Allstate Insurance Co. has built a new facility that employs a mix of technologies and design elements to markedly reduce energy consumption.

Technology can integrate loss-inspection reports into workflows, and create a standardized way to collect and decipher information.

Survey sees increasing numbers of agents and brokers leveraging real-time technology tools to handle policy rating and sales, manage customer inquiries, and deliver service.

The health care industry is entering a world where insurers and other stakeholders that view patient data as an asset will thrive.

Companies, associations and individuals now have until June 12, 2009, to nominate a woman in the insurance industry who is a true leader, progressing to greater and more diverse positions of influence and authority, and carving a path of excellence for others to follow.

The technology solution market will experience expansion as the health insurance industry considers claims processing as yet another value proposition.

Many insurers still aren’t fully aware yet of the risks in the cloud, where data is exchanged between sites and users that may be beyond the control of cloud providers and their clients.