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News & Commentary
Content posted in June 2008
Oracle on the Move
News  |  6/24/2008  | 
Bearing in mind the scale of Oracle's BEA acquisition, the vendor could eat up a large portion of the available acquisition targets without suffering any serious indigestion, Novarica's Matt Josefowicz suggests. "You could roll up much of this space for a billion dollars," he says. "Oracle has that kind of money in its couch cushions."
EHRs: The Road(blocks) To Adoption
News  |  6/24/2008  | 
It was interesting timing, to say the least. Just days after I spoke with Augusta Kairys, Highmark's vice president of provider relations about the Pittsburgh-based health insurer's efforts to support a higher rate of technology adoption amongst its providers, a report in The New England Journal of Medicine found
Upland Mutual Signs With Connective Technologies
News  |  6/24/2008  | 
Upland Mutual Insurance selected Connective Technologies for their TEAM-UP solutions.
Blue Shield of California To Implement FJA’s Product Machine
News  |  6/24/2008  | 
Blue Shield of California has licensed FJA's Product Machine for its product engineering group.
Highmark To Assist Providers In Tech Adoption
News  |  6/24/2008  | 
Highmark has launched a new program that will provide physicians with financial assistance in adopting health information technology in their practices.
Oracle to Acquire Skywire
News  |  6/23/2008  | 
Horizontal behemoth Oracle steals a march on its competitors in the insurance vertical by acquiring growing document management vendor soon after acquiring leading new-technology policy administration player AdminServer.
Video Evidence: Floods and BCP
News  |  6/17/2008  | 
Like my colleague Anthony O'Donnell mentioned in Editor's Note for this week's I&T newsletter, "a great wave of water is washing over" parts of the Midwestern United States. Here's the evidence:
AAA Mid-Atlantic Chooses STGMastek
News  |  6/17/2008  | 
AAA Mid-Atlantic will use STG Billing system to support insurance needs.
The Co-operators Selects Guidewire
News  |  6/17/2008  | 
The Co-operators has selected Guidewire PolicyCenter and BillingCenter.
Tower Australia Limited Signs with Initiate Systems
News  |  6/17/2008  | 
Tower Australia Limited will use Initiate Consumer software help consolidate data across its systems.
Disasters, Avoidable and Otherwise
News  |  6/17/2008  | 
Like the gradually building floods in the Mississippi basin, the threats posed to the U.S. insurance industry by the Solvency II are visible from a long way off. The question is whether American insurers and their regulators will move with the speed necessary to stave off potentially disastrous
SunGard iWorks Announces Investment Management Solution
News  |  6/16/2008  | 
Investment Management solution will aid in insurers meeting investment accounting, reporting and decision responsibilities.
Vertafore To Acquire Sircon
News  |  6/13/2008  | 
Vertafore has signed an agreement to acquire licensing and compliance automation solutions provider Sircon.
Weathering the Mounting Compliance Challenge
News  |  6/10/2008  | 
Regulatory compliance demands are as inexorable and less changeable than the weather. There is still debate over whether the earth's climate is getting colder or hotter, but there is no debate that the compliance climate is growing more, not less stringent. That being the case, as with the weather, one can make the complaint but has no choice but to be compliant.
The Changing State of Innovation
News  |  6/10/2008  | 
In some very specific ways, the Web has helped make innovation a less risky proposition for insurers.
GEICO Goes Live With Guidewire
News  |  6/10/2008  | 
GEICO has deployed Guidewire Software's ClaimCenter.
Gemalto Releases Instant Badge Issuance
News  |  6/10/2008  | 
Instant Badge Issuance will help companies produce instant IDs.
News  |  6/10/2008  | 
GRC Manager will help manage risk and compliance initiatives.
Pekin Selects Fiserv
News  |  6/10/2008  | 
Pekin Insurance Company licenses Fiserv Advanced Billing
MIB Launches Risk Management Solution
News  |  6/9/2008  | 
Risk management consulting services will help underwriting effectiveness.
ClaimHub Releases Mobile Claims Management System
News  |  6/5/2008  | 
Mobile ClaimHub to allow users to access the functionality of the web-based claims application while disconnected from the Internet.
Bluewave Technology Offers Web-Based Claims Management System
News  |  6/5/2008  | 
PipelineClaims 3.0 uses business process management to centralize claims operations.
HR and IT Partner at MassMutual
News  |  6/5/2008  | 
MassMutual's human resources (HR) department has become a key partner for the carrier's IT operation as it looks to recruit and retain top talent.
Tealeaf Releases Tool for Online Customer Behavior Analysis
News  |  6/4/2008  | 
Tealeaf cxResults offers insight into complete customer behavior patterns across multiple visits to the online environment.
Love, Music and Morale at IASA
News  |  6/3/2008  | 
One of the things that made the IASA keynote presentation of the Pike Place Fishmongers so endearing was that their story was largely about the suppression of ego in the service of the greater good, and how that breeds interpersonal harmony and success.
Gore Mutual Goes Live with iter8
News  |  6/3/2008  | 
Gore Mutual Insurance Company has added billing and policy change functionality to its GoBroker portal.
Prevail Develops Reinsurance System
News  |  6/3/2008  | 
Prevail Consulting has developed the Prevail Reinsurance System.
SS&C Previews Syndicated Loans Module
News  |  6/3/2008  | 
SS&C Technologies previewed its CAMRA Syndicated Loans module at the IASA Conference.
Attensity Enables Tracking of Online Customer Exchanges
News  |  6/3/2008  | 
Attensity's new Market Voice program provides automataic analysis of online customer discussions in blogs and Web forums.
Unitrin Chooses Guidewire Software
News  |  6/3/2008  | 
Unitrin will incorporate Guidewire ClaimCenter for Web-based claims management.
APS Teams With Skywire Software
News  |  6/3/2008  | 
APS Workflow joins Skywire Software's Insurance Data Exchange.
ILOG Launches ILOG Rule Studio Scorecard Modeler
News  |  6/3/2008  | 
The new solution allows insurers to incorporate statistical scorecard models directly into decision services created and managed by the JRules system.
When the Going Gets Tough, Business As Usual Might Be OK
News  |  6/3/2008  | 
This year's spring trade show season (ACORD LOMA Insurance Systems Forum and IASA Conference and Business Show), wrapping up this week with the IASA event in Seattle, has not struck me as particularly memorable in terms of earth-shaking -- or industry transforming -- technology announcements. That's not to say that things are standing sti
Delphi Improves Its OASIS Re
News  |  6/2/2008  | 
The newest version of the OASIS Reinsurance System offers comprehensive treaty and facultative reinsurance processing.

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