Profile of Anthony O'Donnell
Blog Posts: 2240
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information technology in the property/casualty, life and health insurance industries, following the trends and issues faced by senior technology executives. In addition to reporting and editorial duties for I&T, O'Donnell also serves as a moderator and speaker at industry events and broadcasts. He began his editorial career in the healthcare industry where he reported and edited for medical publications with a variety of audiences, from the general public to physicians and researchers. He has also worked in the healthcare field as a media relations professional and Spanish/English interpreter/translator, and has taught English composition and conversation classes to native speakers of Spanish, both in the United States and in Latin America. O'Donnell lives in the Portland, Oregon area with his wife and two sons.
Articles by Anthony O'Donnell
posted in July 2011
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.
The model will give the New Orleans-based carrier a consolidated view of essential producer information, both in the U.S. and throughout Latin America, from a variety of sources across the enterprise.
Though it's existing system meets its current needs, the carrier will proactively install
ClaimCenter in anticipation of evolving customer needs.
New service enables insurance IT developers to create camera-based smartphone and tablet apps that
extract data from documents
The Bermuda-based Insurer will license the solution in an effort to shorten cycle times and reduce errors and omissions.
The insurer will use iGO e-App with e-Signature and e-Submission for straight-through processing to
accelerate underwriting activities and speed policy issuance.
Oracle Insurance Quantitative Management provides easy-to-use tools to create reports and perform
task related to reports required of European insurers by the Solvency II regulations.
Erie will use the front-end software in conduction with the carrier's CSC Series II policy administration system.
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.
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.
Over 131 rule-making deadlines have been missed, The House has passed a bill to limit the powers of the Consumer Financial Protection Bureau. The Federal Insurance Office faces a Jan. 2012 deadline for its report on modernizing the insurance industry.
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.
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.
The former Hartford P&C CIO declined to comment on his reasons for leaving but said he is exploring new opportunities.
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.
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.
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.
The insurer has adopted CSC systems spanning policy, claims, BPM and agent portal capabilities to support growth in the North American P&C market.
Swiss Re released about $1 million to clients of Haitian microfinance institution Fonkoze based on publicly available data rather than infrastructure-intensive individual claims.
The nationwide builder is replacing legacy internal insurance-related capabilities with Oracle Insurance Insbridge Rating and Underwriting, Oracle Documaker and Oracle Insurance Data Capture