A Good Investment
Challenged by reduced returns, complex investment vehicles and stringent reporting requirements, insurers are deploying portfolio management systems to track, value and report on their investments.
Uncovering Crooked Claims
Finding fraudulent claims can be challenging. But with the use of rules-based analysis, data mining and predictive modeling, insurers are waging a war on scam artists.
The Big (Not So) Easy
The Louisiana Senate Insurance Committee has approved legislation that the Property Casualty Insurers Association of America fears could raise rates for consumers and drive insurers that still are dealing with the effects of Hurricane Katrina from the Louisiana market.
Workflow First, Technology Second
Neal Ruffalo, Vice President of Enterprise Technology, ACUITY Sheboygan, Wis.-based ACUITY's ($1.4 billion in assets) technology strategy is to make doing business easier for its 10,000 independent agents and customer service representatives. But Neal Ruffalo, vice president of enterprise technology for the regional carrier, which has P&C and commercial lines of business, believes that placing fancy technology in front of inefficient workflows is putting the cart before the horse. Instead, R
Alliances and Partnerships
CDS Taps e2Value; Xerox Partners With Exstream; Convansys, AcroSoft Team; MedicAlert Logs On; Revolution Makes Wellogic Choice
In an effort to create more-affordable health insurance, the state of Massachusetts has passed legislation that will overhaul the market, requiring carriers to rethink their IT.