Core systems

The platform, tailored to small business owners, is first being offered to DJs, but will soon be extended to personal trainers and health & wellness coaches.

SMA sees significant spending and shifts in personal lines projects that are aimed at aligning insurers’ strategies to transformation and growth.

Cloud for ancillary services has risen in insurance, and within the past few years the trend has expanded to include core as well with Tier-1 carriers migrating to the model.

Without a clearly articulated set of business value metrics for IT, it can be a challenge for leaders to create compelling business cases for new investment opportunities.

As carriers upgrade systems with an eye toward a more digital world, PwC says opportunities abound for process improvements.

Kerry Goff previously served as senior director of infrastructure architecture and engineering for the life insurer.

Core system vendors like Guidewire, and Majesco have announced new digital capabilities that could significantly change how insurance technology firms compete.

Vendor will integrate new claims, billing and distribution management tools into its existing cloud-based platform.

Sid Gandhi will lead the insurer's digital, IT and business technology teams to boost customer experience.

The move has enabled the reinsurer to develop a new underwriting system, leading to faster product launches and enhanced data analytics.

Yet despite widespread awareness, the deficit of trained personnel is growing worse

Insurance industry as a whole, however, lags other financial services somewhat in implementing robotic process automation, according to PwC.

Technology and information management dominate the most wanted hires this year, with seven of the top 10 in the IT and analytics fields.

The move follows earlier investments by the carrier in its website, customer portals and core systems.

Choice comes months after the insurer announced innovation push across its business.

Carrier will offer all policy services, from quoting to claims, completely online via its customer portals.

There are opportunities for carriers of all sizes to get involved, as many startups looking for pilot customers will lower costs to get their foot in the door.

Take a look at this year's Women in Insurance Leadership honorees preparing for their Digital Insurance photoshoot.

Glatfelter Insurance CIO studies business side's needs to build the best tech environment.

Executive's priorities are transitioning the product-centric organization to one focused more on the customer.