Its no surprise to observe that while innovation is definitely happening in some quarters, quite a bit more work remains to be doneand no doubt there will be some slipups along the way.
Its no surprise to observe that while innovation is definitely happening in some quarters, quite a bit more work remains to be doneand no doubt there will be some slipups along the way.
The Silver Tsunami of Baby Boomer retirements will soon be felt in insurance IT operations, and is already upon many carriers. Novarica provides some tips to help insurers prepare for the inevitable loss of talent and institutional knowledge.
The Silver Tsunami of Baby Boomer retirements will soon be felt in insurance IT operations, and is already upon many carriers. Novarica provides some tips to help insurers prepare for the inevitable loss of talent and institutional knowledge.
The insurance-technology space has seen newer ways to analyze data, interact with consumers and store information, but while CIOs in a recent survey indicated mobile capabilities are proving their worth, few responses related to other much-hyped areas such as social media, big data or cloud.
The insurance-technology space has seen newer ways to analyze data, interact with consumers and store information, but while CIOs in a recent survey indicated mobile capabilities are proving their worth, few responses related to other much-hyped areas such as social media, big data or cloud.
Data-driven technology has allowed insurers to automate much of underwriting in some areas of P&C, but the larger goal of transforming underwriting form an art to a science is achieved by making better use of business intelligence to increase efficiency and improve outcomes.
Data-driven technology has allowed insurers to automate much of underwriting in some areas of P&C, but the larger goal of transforming underwriting form an art to a science is achieved by making better use of business intelligence to increase efficiency and improve outcomes.
The customer may be king, but insurers cant afford to treat every customer like one. Knowing who to retain, who to target for up-selling and who deserves royal treatment are goals behind todays customer analytic solutions.