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In todays environment, carriers have an opportunity to transform their business and gain competitive advantage leading into an upcoming market upturn. In a marketplace that continues to be dictated by ever-changing customer needs and their buying behaviors, success for insurers is based on their ability to create more business agility...

In todays environment, carriers have an opportunity to transform their business and gain competitive advantage leading into an upcoming market upturn. In a marketplace that continues to be dictated by ever-changing customer needs and their buying behaviors, success for insurers is based on their ability to create more business agility...

Faced with the daunting task of improving margins in an economically strained environment, insurers are finding ways to increase efficiency, and many see policy administration as an area where technology can accomplish that goal, according to a recent report.

Faced with the daunting task of improving margins in an economically strained environment, insurers are finding ways to increase efficiency, and many see policy administration as an area where technology can accomplish that goal, according to a recent report.

Insurers dont want to be like the guy on the beach who wakes up to find himself buried under a ton of sand. Developing a data strategyand strong leadershipwill keep the sources of information flowing.

The insurance industry is a data-driven machine; being able to effectively analyze numbers is a make-or-break, live-or-die issue. Trouble isand its one of the industrys most pressing challengesa great deal of that data is tied up in legacy storage systemssome 30 years old.

I regularly speak to all of the leading insurance technology analysts in the market. Even with all that communication, I couldn’t possibly tell you which one is the best. But someone else took a shot at rating them.

Information is spilling out of mobile solutions today. Risk managers are being challenged by the desire of business users to access data wherever and whenever they wish.