http://www.ebizq.net/topics/insurance/?rss The Insurance industry is ready to literally transform the way it does business and those companies both insurers and vendors that take the lead in this change will best be positioned for market dominance and long term financial success And finally companies with strong linkage between clear strategies optimized business processes and the right technology choices will be poised for successThe purpose of the ebizQ insurance community is simple to aggregate a single view of leading research fresh insights and clear perspectives that facilitates the linkages between strategy to process to technology solutions that will guide insurance marketplace transformation and successThis section covers trends around business IT strategies business IT solutions that connect the insurance value chain of marketing distribution underwriting policy administration billing claims and other back office functionsto enterprise architectures including business data application and infrastructure and to specific application software tools and hot technologies like BMP SOA predictive analytics etc Copyright 2012 ITQuadrant, Inc. All Rights Reserved editor@ebizq.net webmaster@ebizq.net en-us http://www.ebizq.net/web_images/ebizqnews.gif http://www.ebizq.net/?rss Tue, 15 Sep 2009 11:39:00 EST Insurers are beginning to see the benefits of using identity resolution to overcome the problems inherent in traditional methods of searching and matching data Based on SMA research this whitepaper details the imperatives for success with the technology that is available in the marketplace http://www.ebizq.net/topics/insurance/features/11688.html?rss http://www.ebizq.net/topics/insurance/features/11688.html?rss Tue, 04 Aug 2009 09:56:00 EST In Insurance it is possible to create the ease of doing business and actually increase annuity sales through the use and implementation of industry standards and leveraging an information hub and spoke model This paper is a detailed explanation of how this is achieved http://www.ebizq.net/topics/insurance/features/11561.html?rss http://www.ebizq.net/topics/insurance/features/11561.html?rss Thu, 28 May 2009 13:02:00 EST A Business Case for a Modern Claims System looks at the underlying issues of legacy systems particularly claims management Options for dealing with the handicap of a legacy system are offered by examining the benefits and disadvantages of each strategy ultimately setting forth a business case for legacy replacement http://www.ebizq.net/topics/insurance/features/11359.html?rss http://www.ebizq.net/topics/insurance/features/11359.html?rss Fri, 15 May 2009 07:00:00 EST This paper will discuss the market conditions that are driving carriers to focus on channel efficiency and explain the challenges they encounter as a result of IT complexityIt will recommend a new approach for managing distribution thats creating a paradigm shift in channel management This approach will help carriers eliminate costly redundancy at data touch points reduce current IT complexity and get information to agents fast to improve channel effectivenessall while augmenting existing carrier technology investments http://www.ebizq.net/topics/insurance/features/11319.html?rss http://www.ebizq.net/topics/insurance/features/11319.html?rss Thu, 14 May 2009 08:35:00 EST This paper will discuss the market conditions that are driving carriers to focus on channel efficiency and explain the challenges they encounter as a result of IT complexityIt will recommend a new approach for managing distribution thats creating a paradigm shift in channel management This approach will help carriers eliminate costly redundancy at data touch points reduce current IT complexity and get information to agents fast to improve channel effectivenessall while augmenting existing carrier technology investments http://www.ebizq.net/topics/insurance/features/11317.html?rss http://www.ebizq.net/topics/insurance/features/11317.html?rss Mon, 11 May 2009 14:10:00 EST Unleashing an organizations potential and future readiness is all around leveraging the right set of building blocks with the right mind set and openness What are the right building blocks that create the foundation for innovation readiness business support and organizational agility http://www.ebizq.net/topics/insurance/features/11289.html?rss http://www.ebizq.net/topics/insurance/features/11289.html?rss Thu, 23 Apr 2009 15:43:00 EST Economic disruption can bring a company to its brink or provide the shocktherapy needed for innovative change This thought leadership piece highlights how during these times its an opportunity and accelerator for innovation http://www.ebizq.net/topics/insurance/features/11228.html?rss http://www.ebizq.net/topics/insurance/features/11228.html?rss Wed, 15 Apr 2009 08:28:00 EST As the insurance industry continues to mature it continue to be more evident that Standards is a corner stone The use of standards inter and intra are essential Review this SMA presentation on what and why standards are so important to solving the industry challenges http://www.ebizq.net/topics/insurance/features/11193.html?rss http://www.ebizq.net/topics/insurance/features/11193.html?rss Mon, 06 Apr 2009 09:28:00 EST In the insurance industry companies have accepted that systems strategies and data all developed in silos are making it difficult for them to grow and adjust to todays market demands The obstacles imposed by siloed approaches are painfully obvious to companies as they try to gain a better understanding of their customers and meet the growing constraints imposed by compliance and regulatory requirements Leveraging industry standards with full data integration is one was to tackle this challenge http://www.ebizq.net/topics/insurance/features/11036.html?rss http://www.ebizq.net/topics/insurance/features/11036.html?rss Wed, 11 Mar 2009 15:14:00 EST Over the last few years insurers have been faced with the scenario of rising claims costs fraud and risk of terrorism on their portfolios The need for technology has never been as critical as it is currently http://www.ebizq.net/topics/insurance/features/11019.html?rss http://www.ebizq.net/topics/insurance/features/11019.html?rss Fri, 06 Mar 2009 09:51:00 EST View a data perspective in insurance the challenges and the opportunities and ways to leverage data governance and integration as a way to conquer this challenge http://www.ebizq.net/topics/insurance/features/11038.html?rss http://www.ebizq.net/topics/insurance/features/11038.html?rss Fri, 06 Mar 2009 09:42:00 EST Gain control over your claims environment without the cost and risk of replacing core systems While the organizational process and technical aspects of transitioning to a STP for claims approach are significant they are well worth it New international standards technical maturity and industry best practices make the transformation not only possible but necessary given the current competitive and economic climate http://www.ebizq.net/topics/insurance/features/11037.html?rss http://www.ebizq.net/topics/insurance/features/11037.html?rss Mon, 23 Feb 2009 10:11:00 EST By embracing the power of BPM and SOA insurers can align business and IT to facilitate better automation innovation reuse and visibility http://www.ebizq.net/topics/insurance/features/11006.html?rss http://www.ebizq.net/topics/insurance/features/11006.html?rss Mon, 16 Feb 2009 18:06:00 EST As we begin to experience the actual IT spend in we all begin to ask ourselves is this going to be a replay of the spend patterns of stopping delaying and cancelling but it appears that it is playing out differently with unchanged priorities and focus but with a few caveats http://www.ebizq.net/topics/insurance/features/10990.html?rss http://www.ebizq.net/topics/insurance/features/10990.html?rss Mon, 02 Feb 2009 10:47:00 EST There is a new set of dynamic challenges on the insurance industry and they all can be achieved with automation http://www.ebizq.net/topics/insurance/features/10927.html?rss http://www.ebizq.net/topics/insurance/features/10927.html?rss Tue, 27 Jan 2009 17:15:00 EST Most of us have read one of Price Pritchetts change management books at one point in our careers By leveraging his top leadership principles This feature applies them to insurance challenges http://www.ebizq.net/topics/insurance/features/10912.html?rss http://www.ebizq.net/topics/insurance/features/10912.html?rss Mon, 19 Jan 2009 09:49:00 EST See examples of an Insurance Companys DaytoDay Policy Management Operations and how automatic document management can add value http://www.ebizq.net/topics/insurance/features/10869.html?rss http://www.ebizq.net/topics/insurance/features/10869.html?rss Mon, 12 Jan 2009 11:02:00 EST Recap the summary of Economic Risks and Implications for Insurers and what the key business drivers and capabilties for http://www.ebizq.net/topics/insurance/features/10835.html?rss http://www.ebizq.net/topics/insurance/features/10835.html?rss Wed, 07 Jan 2009 09:40:00 EST At SMA we believe that the industry is chasing a year set of requirements for policy admin Looking at requirements and the necessary capability compete in todays changing market place and distribution demands a policy admin system replacement will not give an insurer a competitive advantage http://www.ebizq.net/topics/insurance/features/10818.html?rss http://www.ebizq.net/topics/insurance/features/10818.html?rss Tue, 23 Dec 2008 07:41:00 EST SMA defines the new set of requirements for underwriting that allows for real time quoting and pricing for insurance http://www.ebizq.net/topics/insurance/features/10778.html?rss http://www.ebizq.net/topics/insurance/features/10778.html?rss Wed, 10 Dec 2008 17:56:00 EST This features outlines the best practices of a solid governance processes that moves decision making from IT to the business forcing business to make strategic decisions http://www.ebizq.net/topics/insurance/features/10731.html?rss http://www.ebizq.net/topics/insurance/features/10731.html?rss Thu, 04 Dec 2008 10:48:00 EST Take a look at IT budget best practices using latest research around linking the problem process and technology together to ensure proper spending alignment http://www.ebizq.net/topics/insurance/features/10683.html?rss http://www.ebizq.net/topics/insurance/features/10683.html?rss Wed, 03 Dec 2008 07:00:00 EST Market leaders are not bound by benchmarks their IT spending plan is linked to strategy and needs But how should you make decision based on strategy http://www.ebizq.net/topics/insurance/features/10680.html?rss http://www.ebizq.net/topics/insurance/features/10680.html?rss Thu, 27 Nov 2008 08:45:00 EST Take a look at the key areas around the insurance industry IT spend projections for http://www.ebizq.net/topics/insurance/features/10678.html?rss http://www.ebizq.net/topics/insurance/features/10678.html?rss Wed, 05 Nov 2008 12:36:00 EST As we dive deeper into an economic downturn insurers investments returns written premium and operating income are all down by record amounts what does the IT spend look like in Insurance for http://www.ebizq.net/topics/insurance/features/10539.html?rss http://www.ebizq.net/topics/insurance/features/10539.html?rss Thu, 16 Oct 2008 11:36:00 EST Insurers need to think about creating true linkage which means linking business strategy to process to IT investments and thereby setting the foundation for true change http://www.ebizq.net/topics/real_time_enterprise/features/10444.html?rss http://www.ebizq.net/topics/real_time_enterprise/features/10444.html?rss Fri, 10 Oct 2008 18:27:00 EST How many organizations consistently create a perfect customer experience Can perfect even be measured http://www.ebizq.net/topics/insurance/features/10406.html?rss http://www.ebizq.net/topics/insurance/features/10406.html?rss Mon, 15 Sep 2008 10:31:00 EST As we look across the insurance claims continue to be a focus and priority even in the soft market Insurers are looking for ways to stop claims leakage and improve the overall claims experience for the policyholders This feature highlights key trends across the industry http://www.ebizq.net/topics/insurance/features/10247.html?rss http://www.ebizq.net/topics/insurance/features/10247.html?rss Thu, 11 Sep 2008 14:35:00 EST Today the insurance industry perceives that SOA is just about technology We need to flip the momentum and driver SOA must be led by the business not IT or the vendor to derive the most value from the enabling technologies Read this article to begin to think of ways to shift the paradigm http://www.ebizq.net/topics/insurance/features/10250.html?rss http://www.ebizq.net/topics/insurance/features/10250.html?rss Thu, 11 Sep 2008 11:05:00 EST When we take a closer look at the insurance industry CEOs change innovation business agility and globalization are top of mind as well At the core of what is driving change are forces around demographics shifts distribution channel consolidation and competitive landscape convergence These are directly related to the changing expectations of our customers the agentbrokers the stakeholders and employees Take a look at these areas through their lenses http://www.ebizq.net/topics/insurance/features/10246.html?rss http://www.ebizq.net/topics/insurance/features/10246.html?rss Thu, 11 Sep 2008 10:58:00 EST Change is at the heart of most businesses For the insurance industry the possibilities of embracing change and subsequently transformation are a reality The insurance industry is poised and positioned its all around linking the business strategy with a change in mindset and leveraging enabling SOA and BPM technologies available in the marketplace This whitepaper discusses the three critical success factors for success in insurance http://www.ebizq.net/topics/insurance/features/10245.html?rss http://www.ebizq.net/topics/insurance/features/10245.html?rss Thu, 04 Sep 2008 14:26:00 EST The insurance industrys traditional business drivers have guided it through war catastrophe and economic boom and busts but today there are new influences that will require a whole new set of tools http://www.ebizq.net/topics/insurance/features/10195.html?rss http://www.ebizq.net/topics/insurance/features/10195.html?rss Thu, 28 Aug 2008 07:00:00 EST Its all about enterprise linkagehow you link strategy to process to technology http://www.ebizq.net/topics/itoperations/features/10076.html?rss http://www.ebizq.net/topics/itoperations/features/10076.html?rss Mon, 25 Aug 2008 07:00:00 EST Historically the healthcare industry has been one of the slowest to adopt BI solutions but rising costs promise to change that for good http://www.ebizq.net/topics/bi/features/10138.html?rss http://www.ebizq.net/topics/bi/features/10138.html?rss Tue, 19 Aug 2008 12:19:00 EST By making the right IT choices the soft market of the PC industry has managed to avoid the historic trend of industrywide underwriting losses http://www.ebizq.net/topics/insurance/features/10111.html?rss http://www.ebizq.net/topics/insurance/features/10111.html?rss Sun, 11 Dec 2005 17:00:00 EST Employing the right SOA can help the insurance industry overcome its challenges http://www.ebizq.net/topics/ind_sol/features/6555.html?rss http://www.ebizq.net/topics/ind_sol/features/6555.html?rss Sun, 10 Jul 2005 17:00:00 EST Should insurance companies use Remote Infrastructure Management to lay the foundations for future growth and development http://www.ebizq.net/topics/ind_sol/features/6093.html?rss http://www.ebizq.net/topics/ind_sol/features/6093.html?rss Mon, 05 Apr 2004 08:00:00 EST Proponents tout Business Process Integration as an efficient way to automate business processes especially those requiring interaction among numerous systems and organizations while leveraging legacy technology Metaserver President and CEO Richard Schultz is among those solidly in BPIs camp http://www.ebizq.net/topics/real_time_enterprise/features/4134.html?rss http://www.ebizq.net/topics/real_time_enterprise/features/4134.html?rss Mon, 01 Mar 2004 08:00:00 EST You need look no further than your integration situation to find a primary reason to embrace the move toward open standards according to PureEdge President and CEO Mark Upson He maintains that theyre the ticket to lower costs and easier data exchange with other organizations http://www.ebizq.net/topics/int_sbp/features/3882.html?rss http://www.ebizq.net/topics/int_sbp/features/3882.html?rss Mon, 08 Dec 2003 08:00:00 EST Insurance companies are using socalled smart BPM to better their bottom lines And in a recent ebizQ webinar summarized here our own Beth GoldBernstein Pegasystems Bob Thayler and AgencyPorts Eric Harnden showed how Surely other types of companies could also benefit from smart BPM http://www.ebizq.net/topics/human_centric_bpm/features/3408.html?rss http://www.ebizq.net/topics/human_centric_bpm/features/3408.html?rss Mon, 10 Nov 2003 08:00:00 EST The old waterfall method of developing software could soon yield to an interative approach And in a recent ebizQ webinar summarized here METAs Thomas Murphy and Candles John Knutson showed how open source wares in general and Eclipse in particular could help the new trends devotees http://www.ebizq.net/topics/dev_tools/features/3249.html?rss http://www.ebizq.net/topics/dev_tools/features/3249.html?rss Mon, 27 Oct 2003 08:00:00 EST What is smart BPM and how is it helping insurance companies weather a tight economic climate Whats more what might it do for your company even if its not in the insurance sector A recent ebizQ webinar took a look and we peek at that webinar here http://www.ebizq.net/topics/human_centric_bpm/features/3123.html?rss http://www.ebizq.net/topics/human_centric_bpm/features/3123.html?rss Tue, 27 May 2003 00:00:00 EST Integration has become crucial for managing relationships between insurers and their policyholders In a recent ebizQ webinar summarized here Software AG Senior VP Bill Ruh and Financial Services Practice Director John Stone show how its helping insurers to keep customers and boost revenues http://www.ebizq.net/topics/eai/features/2301.html?rss http://www.ebizq.net/topics/eai/features/2301.html?rss Sun, 20 Oct 2002 00:00:00 EST This article from business integration products provider Quovadx focuses on how healthcare organizations can prepare for HIPAA transaction and code set compliance and in the process achieve simpler and more costeffective administration procedures http://www.ebizq.net/topics/standards/features/1675.html?rss http://www.ebizq.net/topics/standards/features/1675.html?rss