Master of the House
The data warehouse, that is. A study shows mastering data solutions is a high priority for todays insurers along with policy administration and document management.
Problems with data have been around as long as insurers have been aggregating systems. Carriers had systems that werent intended nor built to talk to each other. They kept adding to them as they developed new products or became part of a merger or acquisition. IT shops found themselves dealing with the pressing tactical needs of the carrier first with data consolidation much lower on the priority scale.|
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