The expression "the sum of the parts is greater than the whole" has many tried-and-true applications. PwC Consulting is contributing its own technology-driven version of this axiom, and insurance carriers are in line to benefit.Last year, PwC Consulting, a business unit of New York-based PricewaterhouseCoopers LLP, unveiled an e-business solution for property/casualty insurers that the global management and consulting firm believes will alter how carriers invest in technology.
Under the direction of a 65-person cross-functional development team that was formed in October 1999, PwC developed what it considers to be the first end-to-end e-business solution designed for insurance. The solution is driven by an umbrella program PwC dubs as Integrated Financial Services Solutions, or iFS Solutions.
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