Content tagged with Infrastructure posted in August 2009
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Health Insurance Practice Launched by Financial Services Analyst and Research Firm Aite Group
Health Insurance practice lby financial services analyst and research firm Aite Group; Kunal Pandya will head new practice focused on IT, regulatory and business issues affecting Health Insurance and Healthcare sectors.
IFRS May Not Be the Most Immediate Accounting Change
While the International Financial Reporting Standards for insurers still are being worked out, other accounting standards changes could have a more immediate impact on the industry.
Adoption of IFRS Provides Benefits to Insurers
The International Financial Reporting Standards offer insurers the potential to simplify financial reporting and reduce accounting complexity.
International Financial Reporting Standards Offer Insurers Opportunities for Operational Synergies
The implementation of IFRS could result in cost-saving synergies in data, metrics and modeling. But up-front investments in data, systems and human resources will be required to realize those synergies.
Virtual Roundtable: Insurers Brace for New Financial Reporting Standards
The new International Financial Reporting Standards (IFRS) promote transparency in the public's best interest. But what will be required from an IT standpoint for insurers to comply with the IFRS?
IFRS Standards for Insurance Still Under Development
While the new International Financial Reporting Standards will impact insurers' IT systems, the IASB is still developing specific accounting standards for the insurance industry.
Old Mutual Awards Perot Systems Five-Year Contract Extension
Old Mutual awards Perot Systems five-year contract extension; carrier will continue to receive IT and administrative services until 2014.
The Dominion Licenses OneShield Dragon for Policy Management
The Dominion licenses OneShield Dragon for policy management; multi-year initiative will cover all product lines.
Australian Insurance Industry Adopts ACORD Messaging Library
The first standardized AML message being implemented will be for professional indemnity content that includes quote, bind and close transactions for new business.
Arbella Upgrades StoneRiver Claims Workstation
A Claims Workstation customer since 1997, Arbella plans to gain process and performance improvements through move to the latest version of the StoneRiver solution.
Modernized or Legacy, Carriers Seek To Maximize Claims Systems’ ROI
Though insurance companies have achieved varying degrees of modernization among their claims platforms, many are examining ways to leverage their current systems as a basis for technology and process innovation with the goal of improving the customer experience.
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