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Back office needs at p&c insurance companies have changed significantly over the last few decades. Expanding existing products, introducing new ones, changing distribution strategies, and the need for business agilityamong other factorshave put enormous pressure on legacy policy administration systems, most of which are unable to handle the growing...

Back office needs at p&c insurance companies have changed significantly over the last few decades. Expanding existing products, introducing new ones, changing distribution strategies, and the need for business agilityamong other factorshave put enormous pressure on legacy policy administration systems, most of which are unable to handle the growing...

Remember the days when business leaders thought a technology solution might help solve some of their problems? Technology no longer assists carriers, it is central to the daily functions of virtually every business in this county and insurerscarriers and agenciesare no exception.

Remember the days when business leaders thought a technology solution might help solve some of their problems? Technology no longer assists carriers, it is central to the daily functions of virtually every business in this county and insurerscarriers and agenciesare no exception.

True configurability can reduce the total cost of ownership (TCO) by minimizing or eliminating expensive professional services during and after the implementation, and by enabling internal users to gain operational and process efficiencies, as well as product and market agility without involving in-demand IT resources.

To meet the needs and expectations of mobile employees, agents, and customersand driven by economic pressures that slashed travel budgets in recent yearsinsurers have been capitalizing on collaborative technology.

Replacing a policy administration system is one of the most important and difficult tasks an insurance carrier will undertake. When projects reach this magnitude, insurers need to recognize the pitfalls and how to deal with them.

Replacing a policy administration system is one of the most important and difficult tasks an insurance carrier will undertake. When projects reach this magnitude, insurers need to recognize the pitfalls and how to deal with them.