As Economic Winter Drags on, Insurers Warm up to Outsourcing
Around 70 percent of all the systems currently used by insurers are legacy applications, with some dating all the way back to Vince Lombardi’s championship Green Bay Packers teams. These systems are old and inflexible, and require endless integration, maintenance and support from IT departments.
Allstate Financial Names New COO
Allstate Financial names Anurag Chandra chief operating officer; responsibilities include asset/liability management and underwriting.
Selling Insurance in the Digital Age
Selling insurance in the digital age: While most insurers recognize that consumer behavior is changing, they don't yet understand how to optimize their channel strategies to influence customers and their networks.