analytics tools

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  Maturing ECM Technology Tested by Increase in Data

  By Robert Regis Hyle, PropertyCasualty360.com  |  October 28, 2012

  Enterprise Content Management (ECM) has evolved over the years as the terminology has changed. Imaging paper documents gave way to document management, which in turn has grown into ECM.

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  Upgrading Your ECM: More and Different Content Creates New Problems

  By Robert Regis Hyle, PropertyCasualty360.com  |  October 17, 2012

  With more and different information being collected each second by insurance carriers and the methods in which that content is being collected also changing rapidly, many insurance carriers are looking closely at their enterprise content management (ECM) systems and the upgrades that may be needed.

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  Spoiler Alert: Analytics Help Insurers See Into the Future

  By Robert Regis Hyle, PropertyCasualty360.com  |  October 9, 2012

  Do you like knowing how a story will end before all the events play out? Some stories are transparent and require little more than common sense to figure out the likely conclusion.

• Big Data is Blowing Up

  By Robert Regis Hyle, PropertyCasualty360.com  |  June 4, 2012

  The abundance of data—big data—means insurers are going to have to find a way to store all this unstructured data if they hope to garner any business intelligence from it all.

• Finding Profits

  By Steven M. Callahan  |  June 4, 2012

  Insurers solving the p&c industry’s return on equity challenge through claims management.

• Coincidence? No Way

  By Robert Regis Hyle, PropertyCasualty360.com  |  June 4, 2012

  It may seem like a coincidence, but the fact that two of the leading technology vendors with solutions to help insurance carriers fight fraud released new versions of their solutions within days of each other last month seems more like a sign that insurers are pushing for more ways to...

• Analysts Look to the Future at ACORD LOMA

  By David Port  |  May 16, 2012

  The fundamental challenge for insurers and their IT departments is keeping up in a world where, according to Matthew Josefowicz, managing director at Novarica, “the only constant is change.”

• CIOs Spurring Transformation in the Industry

  By Robert Regis Hyle, PropertyCasualty360.com  |  May 1, 2012

  In its 2012 Global Insurance Outlook, Deloitte Research insurance leader Sam Friedman issues a fascinating description of technology leaders in the insurance industry.

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  No Such Thing as Coincidence in Fighting Insurance Fraud

  By Robert Regis Hyle, PropertyCasualty360.com  |  April 30, 2012

  It may be a coincidence, but the fact that two of the leading technology vendors with solutions to help insurance carriers fight fraud have released new versions of their software within days of each other seems to be a sign that carriers are pushing for more ways to keep...

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  When the Market Turns: Transforming Your Policy System in 2012 and Beyond

  By Scott Mampre  |  March 8, 2012

  In today’s 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...

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  CIOs as Revolutionaries? Technology Spurring Change Among Carriers

  By Robert Regis Hyle, PropertyCasualty360.com  |  February 9, 2012

  In its 2012 Global Insurance Outlook, Deloitte Research insurance leader Sam Friedman issues an interesting description of technology leaders in the insurance industry. He describes their work as “revolutionary,” and points out the important decisions CIOs make today are less about software or reengineering processes than they are about transformation.

• ...and Nothing But the Truth

  By Robert Regis Hyle, PropertyCasualty360.com  |  February 1, 2012

  You want answers? Analytic tools can provide what insurers need most, provided the carriers have their data in order.

• A Predictive Analytics Arsenal

  By Patrick Sugent  |  January 2, 2012

  In areas of the business like personal lines, quoting, and underwriting, carriers have embraced data and analytics to improve profitability and reduce costs. Yet, they have not applied the same approach to claims—where the vast majority of a carrier’s premium dollars are spent.

• Agencyport Launches New Version of BookSmart

  By Staff Writer  |  December 15, 2011

  Agencyport Software (formerly Sword Insurance), a provider of software and services to the global insurance and reinsurance industries, announces the availability of BookSmart 2.3, the latest version of its automated solution for migrating entire books of business.

• Buried Alive!!! Developing Data Strategies

  By Robert Regis Hyle, PropertyCasualty360.com  |  October 7, 2011

  Insurers don’t want to be like the guy on the beach who wakes up to find himself buried under a ton of sand. Developing a data strategy—and strong leadership—will keep the sources of information flowing.

• What Lies Ahead

  By Robert Regis Hyle, PropertyCasualty360.com  |  June 10, 2011

  Analytics is one key area that PwC focused on among its top issues for 2011.