Tech Decisions January 2008
Cover Story
The Right Direction
Budgets don't appear to be a problem in 2008, according to insurers and analysts. The challenge, however, will be determining the correct course for the business side, which they believe will require
Features
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Crunch Time
IT departments always are being scrutinized for the value they bring to strategic implementations in the enterprise. However, CFOs and other financial leaders bring their own checklist to the proposit
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Playing With the Big Guys
National carriers have IT budgets for individual product lines that can dwarf the total operating expenses of some insurers. However, today's policy administration technology can give regional and med
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Piece Plan
Perhaps no portion of the insurance enterprise today receives as much attention as policy administration. By some estimates, there are as many as 40 policy administration software vendors in the insur
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Replacement Surgery
Is your policy administration system a trusty old workhorse, still up to the task after all these years? Or is it a coughing and wheezing jalopy, about to break down, leaving you stranded? The truth i
Columns Trends & Tech
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Governance: Who Needs It?
Certain segments of the computer press write endlessly about governance. Research groups produce reams of white papers about it. CIOs with a certain type of background talk on and on about it. So, wha
Columns Groundbreakers
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Brain Fitness
Wellness programs have become increasingly valuable as both insurers and employers look for ways to enable individuals to improve their health and take control of their health expenses. Typically, the
Columns Stats Watch
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Paying Attention
Making compromises is not unusual in any company where there are competing pressures--whether within or outside the enterprise. Ernst & Young has addressed the issue for property/casualty insurers with
Departments Industry Intelligence
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Hancock, Prudential Receive MITX Technology Awards
John Hancock's Proposal Builder, a Web site tool enabling financial advisors to customize investment solutions for clients, was honored for Best Use of Technology. The award is given to the entry that
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Chubb Encourages New Information Best Practices
In an effort to thwart the increasing amount of cyber-related crime, the Chubb Group of Insurance Companies is encouraging organizations to ramp up network security by offering a premium discount for
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Who's Using What
NSM Insurance Group has agreed to implement INSTEC's QuickSolver workers' compensation rating and policy administration solution. NSM will use the bureau-based QuickSolver software to process insuranc
Departments Business Solutions
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The One and Only
The goal of Harleysville Insurance is one shared by many in the competitive world of property/casualty insurance: to be easier for independent agents to do business with. "Generally, agencies deal wit
