For some time now, insurance companies have made technology investments a priority. The result? Instead of disparate, paper-based information residing in hard-to-access metal file cabinets, all kinds of e-data languish in disconnected computer systems.Now, insurance companies are realizing that if they do not find a better way to use this data, the whole foray into information technology might go for little more than naught. That's where performance management "scorecard" systems come into play.
These systems, which draw on data from legacy systems, provide executives with a comprehensive view of the performance of a business. As such, insurance professionals can measure a company's activities in terms of its vision and strategies.
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