Insure Think

Experts say insurance fraud has grown in the current recession, but insurers seem unwilling to fund anti-fraud measures

Oftentimes, the one-size-fits-all mentality doesn’t hold true for insurers trying to implement best practices learned from other companies.

Master data management is insurers’ best recourse to unlock the siloed data often associated with multiple applications for each line of business.

It’s imperative that insurers’ business priorities and the competitive industry benchmarking process drive their selection of a PAS vendor.

A couple of Chinese insurers have found a creative way to extend the retirement business value chain.

While not yet mainstream, electric cars are being mass-produced, and carriers need to get in the driver’s seat when it comes to insuring them on the roads.

There is no easy answer, but for many insurers, the necessity to upgrade is dire.

If perception of risk depends on how it’s described, we need to look closely at the descriptions before making risk-based insurance decisions.

Much like how SOX spurred IT spend at the beginning of the last decade, the federal health care reform law is sparking a similar trend.

For many insurers, skill development in business analysis is often insufficient to maintain sustained performance at sufficient levels.

Given Apple's proclamation that its iPad 2 has sparked the "post-PC era," CIOs are worried that this new era will spur an arms race—upgrading to the best hardware available every two years.

Car manufacturers and consumer electronics giants are working together on a connectivity standard, but seem to be ignoring vehicle and data security.

As experts express their opinions on the topic, the only consensus is that “Big Data” is a very fluid term.

Insurers may openly welcome Obama’s pick for FIO chief, but risks remain in the rule-making process.

OnStar and other remote services provide many benefits, but also open the door to theft and vandalism.

Economic, compliance and geopolitical risks are top of mind at ERM symposium.

Sometimes, leaders can get the most benefit from simply changing the approach used, the questions asked and the focus of attention.

Aflac’s situation with comedian Gilbert Gottfried’s Twitter comments about the Japanese disaster has shown that insurers must develop well-defined and well-communicated social media usage policies.

With mobile computing, employees in the field can access executive dashboards or alerts that impart streams of critical information.

As the reality of devastation and loss of life sink in, some seek to point the finger of blame at technology.

A new report says the economy will continue to stall growth in insurance, and points to technology as the competitive differentiator, yet IT budgets are not increasing significantly.

French insurance CIOs divinations proving true; the nation's pending tax reforms could impact the life insurance industry for years to come.

As part of a broader mobility strategy, telematics has the potential to fundamentally transform the customer/insurer relationship.

Cloud computing can be an enabler of entrepreneurship and organizational transformation.

While the former U.S. vice president regularly rails against climate change, he has now found other topics on which to opine.

Working toward service-oriented architecture is a worthy goal—find out where your company ranks.

P&C agents have their work cut out for them trying to get customers to understand why homeowners coverages cost what they do.

IBM’s Watson-type systems were inspired by science fiction, but until they can understand context, they will be flawed.

Being ready with the right execution framework, tools and organization structure is the key to a successful integration.

A practical development approach delivers skill and process enhancements as part of software development.

If you have inefficient processes or a creaky, hidebound management culture, don't expect technology to smooth things over.

Scientists have built a system that lets you steer with your thoughts, but insurers will have a tough time rating drivers.

The arguments for each tack are compelling, but is the economy poised to help insurers reach their goals?

Advanced AI systems like those being developed by IBM sound great, but acquiring such systems is another matter.

A truck insurer is king of the road when it comes to mobile app development.

An incremental approach can help achieve business benefits during transformation.

As carriers chase down growth, policyholders are left with inflexible service and often brutal customer experience.

Companies are concerned about application vulnerabilities, mobile device management.

IBM says its Watson computer can do more than defeat human Jeopardy champs; it can be a tool for better and faster insurance processes.

The speed, scale and accuracy with which you translate analytics into operational improvements can create major cost and competitive differentiators for your organization.

The insurer announced that it's letting Florida policyholders sign up for a program that tracks their driving habits and adjusts their rates accordingly.

A report cites social media millionaires as potential wealth management clients, but the risk profile is not pretty.

Three IT executives offer some telling evidence that they are forging a path for others who want to earn a spot at the business table.

Insurance professionals who want to stop the unauthorized flow of data to criminal sources should start by looking within their own enterprises.

As any good insurance exec knows, a company is only as good as its last customer service call. IBM knows this too—that's part of why it’s still here.

Mobile devices are booming, but may never become the computing platform of choice for enterprises.

The rise of ubiquitous and mobile computing is creating a range of new innovations, limited only by imaginations.

Everyone seems to agree that legacy systems are a drag on insurance processes, but aren't today's new systems tomorrow's legacy platforms?

The cyber barbarians are at insurers’ gates—is your data secure?

Even robots can make mistakes, but when a human life is involved, who takes the blame?

Mobile browsers, which are readily available and can be supported on any mobile device, may be a better option for insurance IT departments with overstretched resources.

Insurers and others who trust sensitive information to wireless transmissions are putting themselves at grave risk.