Policy adminstration

InsuranceSuite is intended to help the multiline insurer streamline core systems and improve the agent experience.

LifePRO is a strategic policy administration platform for the consolidation and processing of life, annuity and Medicare Supplement products.

Insurers know that growth in revenues, profits and market share is dependent on their ability to attract and retain customers. In a highly competitive arena this means taking customers from competitors in the mature markets, and getting on top of the hill first in the emerging markets. They know that consumers are more informed, have access to more powerful devices, are more connected and can make formal and informal comparisons of products and services. They are therefore more demanding than consumers of the past. Insurers also know that customers will pay for value. Leading global insurers know how to create differentiating, lifetime value-adding propositions. In most cases, what separates the leaders from the rest of insurers is that the leaders have already shifted from being inwardly-focused to being customer-focused. They have engaged in some form of transformational thinking. (For a good definition of transformational thinking vs. legacy thinking, see my first blog.)

Here's what could have kept the initial, disastrous launch of the Affordable Care Act portal from being so disastrous.

Marc Constantini will report to to Chief Executive Officer Deanna Mulligan.

P&C insurer is implementing a billing system that encompasses the conversion of both personal and commercial lines data from its two legacy platforms.

PolicyWriter, by Adaptik Corp., is like no other P&C policy administration solution on the market – and we’re happy to prove it. Today’s Adaptik Blog entry highlights the software’s unique upgrade methodology. Want to read more about what makes PolicyWriter different? Click here.

Richard Hallman will focus on driving business process transformation and enabling differentiated value-added services to customers through technology.

Infrastructure functions can reduce costs and improve service delivery through better demand management.

Gartner CEO and senior executive survey shows that growth is the top priority, with executives displaying a “bullish” attitude toward technology-related business growth in 2014 and 2015.

The project delivers an upgrade from Windows XP to the Windows 7 operating system for more than 11,000 desktops.

The partnership will establish an offshore Center of Excellence in Bangalore.

Report says coverage is available and affordable, though the market is tightening due to uncertainty over reauthorization; insurance industry groups response mostly favorable.

Southern Trust seeks to modernize its technology system and says the applications can be used and adapted by business users without a deep technical background.

P&C insurers face profitability pressures that rate hikes alone likely will not relieve.

Karlyn Carnahan brings more than 20 years of leadership experience to her new role.

Desjardins General Insurance Group and Blue Phoenix suggest following these steps to bring legacy replacement projects in both on time and on budget.

The primary focus for the Insurance Industry is profitable growth, responding to regulatory changes, and balancing the many challenges of working through uncertainty in the economy. In this videocast, J.P. James, Jr. of Oracle discusses key trends in the insurance industry including modern technologies and solutions to help insurers grow their business and tackle the many unknowns they face over the long term.

Cloud vendors aren’t being challenged enough at the start of engagements.

Keefe, Bruyette & Woods leaves ratings unchanged due to the generally stable operating environment, but analysts are adjusting earnings-per-share estimates because of winter weather and a flatter yield curve.