Content tagged with Policy Administration posted in July 2011
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A Brief Excursion to the Insurance Industry of the Future
Insurance executives should take heart from Arthur C. Clarke's seemingly outlandish prediction of
the "city of the future," and what it implies about the way technology will improve insurance
enterprise processes, communication and decision-making in the not-too-distant future.
Erie Insurance Licenses CSC's Agency Link
Erie will use the front-end software in conduction with the carrier's CSC Series II policy administration system.
Insurers Now Have Modernization Options When Package PAS Systems Don't Fit
Rules-based, configurable policy administration systems have proven themselves in the market. But packaged solutions aren't right for every insurer. Fortunately, other, more flexible alternatives to legacy systems offer new options to carriers that need to modernize their core capabilities.
Q&A: Navy Mutual Embraces Industry Standard Processes with help from Accenture Life Insurance Platform
Newer core system modernization options provide less risky ways for insurers to customize, but Navy Mutual Aid Association has chosen the ALIP system in part to move away from a highly customized environment. Tom Benton, VP, Technology and Systems, discusses Navy Mutual's modernization initiative with Insurance & Technology.
Sapiens Closes Merger with FIS, IDIT
The deal brings Sapiens' customer base to over 70 and significantly enhances its presence as a global provider of comprehensive solutions across the life and annuities, property casualty and reinsurance sectors.
CIGNA CIO: Go Global, Go Deep, Go Individual
Mark Boxer, who took on the CIO role at CIGNA in April 2011, talks to Insurance & Technology about technology's role in supporting the health insurer's information-intensive global strategy emphasizing the individual customer.
Accenture's Duck Creek Acquisition Signals Evolving Software and Mid-Tier Strategy
The acquisition reinforces Accenture's stature as a provider of core insurance software solutions and will support a more aggressive strategy in the mid-tier insurer market.
New Harleysville CIO Focuses on the 'Intersection of Service and Profitability'
Former OneBeacon VP Arne Herenstein will shepherd in-flight claims and billing system implementations, boost existing analytic capabilities and leverage a very strong IT team to pursue differentiation by superior service.
CodeObjects Integrates ISO Electronic Rating Content
The vendor will include loss costs, rules, and rating information received from ERC with its policy administration system, PolicyEnterprise, for both commercial and personal lines of business.
Swiss Re Selects Multiple CSC Apps for P&C Processing
The insurer has adopted CSC systems spanning policy, claims, BPM and agent portal capabilities to support growth in the North American P&C market.
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