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Insurance & Technology
October 7, 2005
Anthony O'Donnell
Mean Season In addition to driving a more expeditious claims process, technology has played an important role in minimizing the effect of an event like Katrina on the fortunes of insurance companies and the industry as a whole. mark for My Articles similar articles
Insurance & Technology
March 9, 2007
Nathan Conz
Travelers Deploys Mobile Catastrophe Units to Respond to Florida Tornadoes By deploying mobile claims vehicles to the recent tornado-damaged central Florida region, the P&C insurance provider was able to focus its response efforts and minimize claims adjustment lag time. mark for My Articles similar articles
Insurance & Technology
March 7, 2006
Deena M. Amato-McCoy
Storm Surge Refusing to be caught off guard again, insurance companies are reexamining their IT strategies and operations in anticipation of the fast-approaching 2006 hurricane season. mark for My Articles similar articles
Insurance & Technology
February 2, 2007
Deena M. Amato-McCoy
Claiming the Future In the next stage of claims automation, insurers are looking to improve information sharing -- with internal claims specialists and external partners and policyholders. mark for My Articles similar articles
Insurance & Technology
September 16, 2005
Deena M. Amato-McCoy
Eye of the Storm Insurers that implement processes and technologies for accurately assessing data and measuring risk across business lines and geographies before disaster strikes will weather the storm. mark for My Articles similar articles
Insurance & Technology
June 1, 2007
Anthony O'Donnell
Kansas Tornados Are Occasion to Hone CAT Management Skills The devastating tornado that struck Greensburg Kansas provided the opportunity for insurers such as State Farm and Travelers to exercise their catastrophe management competence on a small scale. mark for My Articles similar articles
Insurance & Technology
August 12, 2009
Nathan Conz
Modernized or Legacy, Carriers Seek To Maximize Claims Systems' ROI Though insurance companies have achieved varying degrees of modernization among their claims platforms, many are examining ways to leverage their current systems with the goal of improving the customer experience. mark for My Articles similar articles
Insurance & Technology
February 1, 2006
Peggy Bresnick Kendler
Claims to Tame Experts weigh-in -- Q: What are the biggest challenges insurers currently face in the area of claims management?... Q: How does business intelligence affect claims handling?... etc. mark for My Articles similar articles
Insurance & Technology
April 20, 2005
Wendy Toth
Claims Tech Tops IT Spending Report: Claims management technology will be the leading strategic area of investment for U.S. P&C insurers in 2005. mark for My Articles similar articles
Insurance & Technology
May 16, 2007
Susana Schwartz
Drive For Automation Causes Insurance Carriers To Integrate The Internet has yielded more choices among comparative raters and aggregators, thus elevating agents to a more powerful position as the gatekeepers to multiple company ratings. mark for My Articles similar articles
Insurance & Technology
June 1, 2006
Maria Woehr
Uncovering Crooked Claims Finding fraudulent claims can be challenging. But with the use of rules-based analysis, data mining and predictive modeling, insurers are waging a war on scam artists. mark for My Articles similar articles
Insurance & Technology
August 17, 2010
Anthony O'Donnell
Claims Transformation Emerging as Top Priority for Carriers Economic and technological pressures are making claims system modernization increasingly urgent as insurers seek to differentiate themselves through service capabilities while gaining much-needed efficiencies. mark for My Articles similar articles
Insurance & Technology
August 22, 2007
David West
Analytics Make Doing Business Easier By improving the speed and consistency of decisions, analytics opens the possibility of self-service applications for producers and the insured, including claimants. The result will be a dramatic improvement in the ease of doing business with the carrier. mark for My Articles similar articles
Insurance & Technology
February 8, 2004
Jamie Bisker
Core Systems: Journey to the Center of Insurance An analysis of the state of core systems, and how to create renewable systems, in the insurance industry mark for My Articles similar articles
Insurance & Technology
February 1, 2006
Phil Britt
A Web of Support There has been an upturn in insurers' investments in Web-based tools that enable agents to work more efficiently and, through those efficiencies, sell more, increase commissions and make more money for the companies they represent. mark for My Articles similar articles
Insurance & Technology
October 12, 2004
Wendy Toth
Hurricane Warfare Insurers find a variety of ways to leverage technology to help claimants recover from the onslaught of ferocious storms. mark for My Articles similar articles
Insurance & Technology
February 18, 2005
Anthony O'Donnell
Connected Claims Perhaps the best way to understand the value of the "connected enterprise" is to reflect on the costs - in money, time and customer satisfaction - of the disconnections that continue to plague the insurance enterprise. mark for My Articles similar articles
Insurance & Technology
September 16, 2005
Anthony O'Donnell
The Elusive Prize: Effective Cross-Selling Only a minority of insurers succeed in crossing lines of business to increase customer wallet share effectively. mark for My Articles similar articles
Insurance & Technology
July 12, 2006
Karen Pauli
Slaying The Hydra One Head At A Time For many insurers, knowledge of the customer is not individualized. However, creating value and discernible difference in the delivery of products and services now is a driving force in insurance. mark for My Articles similar articles
Insurance & Technology
June 1, 2007
Anthony O'Donnell
Insurers Advance on the ECM Ideal Enterprise Content Management suggests a kind of dream state for an insurance company wherein all types of content can circulate easily throughout the enterprise. mark for My Articles similar articles
Insurance & Technology
September 6, 2007
Nathan Conz
Data Mining Improves Fraud Mitigation Efforts Data mining can help insurers access and leverage the institutional knowledge vital to fraud mitigation efforts that is locked inside their current and historical claims data. mark for My Articles similar articles
Insurance & Technology
April 2, 2004
Anthony O'Donnell
Waiting on the Customer Crafting a cost-effective customer-centric claims environment takes a calibrated combination of high-tech and high-touch solutions. mark for My Articles similar articles
Insurance & Technology
May 14, 2005
Peggy Bresnick Kendler
Rethinking Policy Admin Here, industry experts discuss how legacy systems can hamper insurers' abilities to grow and be flexible and how next-generation policy administration systems can deliver increased efficiency and improved customer service. mark for My Articles similar articles
Insurance & Technology
April 15, 2010
Lisa Valentine
Carriers Look to Billing to Improve Customer Service and Retention Billing is a critical but often overlooked aspect of customer service and retention -- not only for policyholders, but for agents and distributors as well. mark for My Articles similar articles
Insurance & Technology
July 12, 2006
Maria Woehr
Digging for Dollars The insurance agent often is portrayed as going door to door with an oversized briefcase brimming with paper applications. While that might have been so in the 1950s, today, selling insurance means connecting with the customer, and it takes more than just a smile and a shoeshine. It takes knowledge. mark for My Articles similar articles
Insurance & Technology
May 27, 2010
Anthony O'Donnell
Accenture Debuts Enhanced Technology Offerings at ACORD LOMA Insurance Systems Forum Among the systems revamped include Accenture Claim Components, Accenture Policy Components and the Accenture Life Insurance Platform. mark for My Articles similar articles
Insurance & Technology
December 21, 2009
Nathan Conz
Insurers Leverage Data Mining and Predictive Analytics to Mitigate Increasingly Complex Fraud Schemes In the area of fraud mitigation technology, insurers are employing data mining and predictive analytics technologies in increasingly innovative ways to identify obscured data patterns and establish effective benchmarks for claims investigations. mark for My Articles similar articles
Insurance & Technology
January 5, 2006
Maria Woehr
Towing the Lines According to IDP, its new claims processing system Claim-It lets insurers set up, reserve, monitor, track and pay losses to closure for any P&C line, including homeowners, auto, commercial lines and workers' compensation. mark for My Articles similar articles
Insurance & Technology
November 11, 2008
Anthony O'Donnell
Insurers Prepare for the Worst by Strengthening Business Continuity and Disaster Recovery To some extent, American National's example reflects the superior preparedness typical of the financial services industry. mark for My Articles similar articles
Insurance & Technology
August 7, 2008
Anthony O'Donnell
Policy Admin System Replacement: Insurers Shift Focus From Systems to Functionalities Interboro Insurance Co.'s policy administration replacement initiative was in key respects a classic case. mark for My Articles similar articles
Insurance & Technology
September 5, 2006
Anthony O'Donnell
Customer-Centric Cash Flow Insurers have continued to lag behind other industries in one of the most important contact points with customers: the exchange of funds. mark for My Articles similar articles
Insurance & Technology
April 2, 2004
Peggy Bresnick-Kendler
Virtual Roundtable Strategic claims management is essential for insurers to keep customers happy and ease the burden of servicing claims. Technology plays a key role in meeting the challenge. mark for My Articles similar articles
Insurance & Technology
January 25, 2005
Deja Vu All Over Again Many of the major areas of focus for senior insurance technology executives in the coming year will be familiar ones that have become even more pressing. Insurers will boost their offshore outsourcing activities and increasingly dip a toe into business process outsourcing (BPO). mark for My Articles similar articles
Insurance & Technology
November 26, 2003
Julie Gallagher
Keep Them Coming Back for More Now more than ever, carriers need to focus on keeping today's skeptical customer satisfied. mark for My Articles similar articles
Insurance & Technology
May 19, 2009
Kaytes & Josefowicz
Technology and the Science of Customer Retention Data accessibility, analytics, rules-driven workflow, and process visibility can supply the capabilities insurers need to retain profitable customers. mark for My Articles similar articles
Insurance & Technology
December 16, 2008
Anthony O'Donnell
Priorities Will Shift, But Insurers' 2009 IT Spending Remains Healthy Given the ravages the financial crisis has wrought in the insurance industry, greater cost consciousness will return to insurance IT organizations. mark for My Articles similar articles
Insurance & Technology
January 25, 2005
Peggy Bresnick Kendler
Underwriting Updated How are insurers making the underwriting process more efficient to improve profits?... What emerging technologies can help insurers improve the underwriting process?... etc. mark for My Articles similar articles
Insurance & Technology
April 4, 2007
Susana Schwartz
Risky Business To meet stringent requirements around reporting, security and accountability, insurers are implementing financial modeling tools. mark for My Articles similar articles
Insurance & Technology
February 1, 2007
Anthony O'Donnell
The Worst Storm in a Decade Brings Widespread Destruction and Tests Insurers' Resources A mid-December storm brings catastrophe to the Pacific Northwest, resulting in an intensive test of claims-adjusting resources to the region. mark for My Articles similar articles
Insurance & Technology
February 9, 2004
Greg MacSweeney
2004 Top Insurance Business/Technology Issues This special report takes a look at some of the top business issues that insurance carriers will face this year and how technology can help make their challenges easier. mark for My Articles similar articles
Insurance & Technology
January 17, 2006
Maria Woehr
Claims Tool Kit The 2005 hurricane season brightened the spotlight on emerging technologies with which insurance carriers arm their adjusters: Ruggedized Laptops... Mobile Phone... GPS System... Straight Line Laser...etc. mark for My Articles similar articles
Insurance & Technology
July 12, 2006
Maria Woehr
Not Risking It The availability of catastrophe models generated overconfidence among insurers, which, after the past hurricane season, are realizing the technology's limitations. However, insurers will still continue to rely on cat modeling to reduce risk exposure. mark for My Articles similar articles
Insurance & Technology
January 17, 2006
Anthony O'Donnell
Technologies of Opportunity There are several data technologies on the horizon, such as data visualization tools, density maps, etc. that have the potential to bring significant value in the near term to the insurance industry and potentially drive transformational change in the long term. mark for My Articles similar articles
Insurance & Technology
February 18, 2005
Cynthia Saccocia
Excellence Is Fundamental Claims management is one element of an insurance operation in which excellence is fundamental. Claims fulfill the promise of service as defined in the claimant's policy in the event of a covered loss. mark for My Articles similar articles
Insurance & Technology
February 21, 2005
Peggy Bresnick Kendler
SOA: Plug and Play The obstacles and benefits for insurance companies interested in service-oriented architecture. mark for My Articles similar articles
Insurance & Technology
January 25, 2005
Cynthia Saccocia
Did You Say Controlled Tech Spending? Aw, Not Again! Insurance is an industry that reacts decisively to its business cycles and urgently to intrusions of reality such as catastrophic claims, economic issues and regulation. mark for My Articles similar articles
Insurance & Technology
September 16, 2005
Techwatch Online Benefits launches a benefits administration tool... Fair Isaac released Payment Optimizer 2.5... Lumigent Vulnerability Manager DB 3.0... Unitech Payments Processing Solution... etc. mark for My Articles similar articles
Insurance & Technology
March 16, 2004
Julie Gallagher
Battening Down the Hatches When it comes to predicting low-frequency, high-impact catastrophes, underwriters of risk must rely on thousands of years of scenarios rather than their proprietary loss data. mark for My Articles similar articles
Insurance & Technology
July 19, 2004
Julie Gallagher
Customer Consolidation As finicky financial services customers increasingly rely on the Internet as a research tool, it's more apparent than ever that the competition's Web site is only a click away. mark for My Articles similar articles
Insurance & Technology
September 1, 2008
Katherine Burger
Heeding the Lessons of Katrina, Insurance Companies -- and Other Institutions -- Improve Catastrophe Response The responses to Hurricanes Fay and Gustav shows that much has been learned in the three years since Hurricane Katrina. But are carriers as insightful about the symbolic implications of these storms? mark for My Articles similar articles