Core systems

Jonathan Kalman, president of Return on Intelligence, offered the following predictions, takeaways and advice at the IASA 2014 Educational Conference and Business Show in Indianapolis last week.

The project included the migration of thousands of policies, representing more than five years of transactional data, to MS SQL.

Advice on some of insurance IT executives' biggest challenges, including data security, cloud computing, and recruiting and retaining talent was offered during a town hall meeting at last week’s IASA conference.

Research suggests many executives lack confidence in the outcome of their data analyses.

According to the NICB, California leads the nation in SUV and CUV thefts; Ford Escape is the most stolen.

To increase market share and increase relevancy, Accenture says insurers must plan for the blurring between the digital and physical world, the rise of crowdsourcing, the advent of the data supply chain and three other trends.

While insurers have spent years and millions of dollars acquiring or replacing information systems, there is a lack alignment between companies’ business and IT organizations, according to a panel at America’s Health Insurance Plans Institute.

Insurers are trying to reverse negative public perceptions that they are only looking out for their own financial bottom lines, says trade association.

For insurers, agent demand and claims efficiencies are contributing to a new sense of urgency to embrace mobile apps.

Accenture says enrollments now are three times greater than estimated last year at this time.

Insured Rating enabled insurer to release its AirCare product.

Broker places bloodstock risk electronically with insurer.

Peter Hancock oversees property/casualty insurance and will be CEO and president as of September 1.

West Bend selects Accenture’s Duck Creek Policy and Duck Creek Billing software to streamline operations and increase flexibility.

Canadian insurer to implement policy admin, billing, claims and customer management.

The application will address PAS, new business, distribution management and group processing.

On day two at IASA’s 2014 Educational Conference and Business Show, insurers discuss what they're doing to inspire new talent, and Novarica's Robert McIsaac identifies the biggest disconnect between IT and the business.

Insurance platform provider to implement BRIDGE for policy admin and consumer portal.

From day one at IASA’s 2014 Educational Conference and Business Show:• X by 2’s CIO Advocate Frank Petersmark identifies the biggest surprises during a core system project.• Insurers discuss what they are doing to impress their customers.• The threat of a diminishing knowledge workforce is real and insurers are taking action. • Beth Mercier, IASA’s outgoing president, reflects on some of the work that went behind this year’s show.

Silver-plated HIX plan participants are helping offer a middle-of-the-road assessment of how the Affordable Care Act is faring.