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We asked five technology experts to weigh in on business intelligence measures. Here's what they had to say.

For Karen Pauli, research director in the insurance practice for TowerGroup, the first step in a business intelligence project calls for getting your data in order, but there are other steps that need to follow for carriers to achieve success with their BI initiatives.

Consumers want flexibility in how they purchase insurance and obtain service. Failure on the part of an insurer to deal with this fact will start the opening of a very large competitive gap.

The first step [to a successful business intelligence initiative] is you have to have your data in order. But the second thing is you have to have some business objectives: What are you trying to accomplish with this business intelligence initiative?

The first step [to a successful business intelligence initiative] is you have to have your data in order. But the second thing is you have to have some business objectives: What are you trying to accomplish with this business intelligence initiative?

To draw a parallel between biology and technology, insurance policy administration systems (PAS) started out as simple organisms, existing solely as systems of record for the business and insurer writes. Functionality has gradually evolved and become increasingly complex, and so has the definition of PAS

Welcome to PropertyCasualty360.com, a new site that the editors of <em>National Underwriter, Property & Casualty</em>; <em>American Agent & Broker</em>; <em>Claims</em>; <em>Tech Decisions</em>; and <em>Florida Underwriter</em> have created to serve as one distinct and vital information source for all P&C insurance professionals.

In a cutthroat commercial lines marketplace, insurers have sharpened their focus on modernization of their policy administration systems (PAS). Failure to address this issue is a gamble insurers can’t afford to make.