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 November 2008
Through the acquisition of AscendantOne from ISO, AQS has broadened its scope as a provider of policy administration solutions just as ISO has redefined its own scope as a vendor.
While the editors of Insurance & Technology won't have a full day off tomorrow, I&T Daily will. And since both publication and creators will not return until next Monday, the first of December, today we wish you a happy Thanksgiving Day.
The financial crisis has been felt more acutely at The Hartford than many other carriers, but its challenges may paradoxically present an opportune moment for the unification of the carrier's IT organization under a single executive.
Ebix's $.85/share offer, first made in late October, attempts to better BPO Management Services, Inc's bid to take over HealthAxis
Three recent news stories have underscored the need for insurance underwriting to adapt to a constantly changing environment, as ISO CEO Frank Coyne recommended during his recent address at ISOTech: the California wildfires, the rise of deer collisions in the Eastern United States and the increasingly brazen and ambitious pirates of Somalia.
There will always be incentives toward alignment in an information-driven business, but CIOs still struggle to demonstrate the value they bring to the insurance enterprise, especially when business executives fail to live up to their alignment responsibilities, panelists argued.
The atmosphere of the ISOTech conference in Las Vegas earlier this week was in many respects reassuring. The general sessions were good, the breakout session topics were spot-on, and the vibe was optimistic. There was some vendor grousing about attendance, but some degree of drop in numbers is to be expected in these troubled times. Finally, everybody I spoke to was sanguine about technology spending.
When Hurricane Hugo hit Charleston, S.C., in 1989, it was seen as a once-in-a-century event. That was just three years before Hurricane Andrew, to say nothing of the many storms we've seen since. "Heraclitus was right," Frank Coyne, ISO's chairman, president and CEO commented.
Insurers' technology budgets will remain relatively stable as carriers see IT not only as necessary for ongoing transformation but as a key tool for addressing crisis-related challenges, such as the need for better underwriting results and improved risk management.
The global financial crisis already has thrown the financial services industry into turmoil. How bad will things get for insurers and their IT organizations?
The opportunity is to leave many of the most dreary aspects of insurance work to machines and allow the workers of the future to focus on more challenging and meaningful activities. Thus insurance jobs simultaneously become both more efficient and more attractive to recruits.
Privacy measures implemented before Web 2.0 may be inadequate, as new risks emerge. To protect themselves from those risks, insurers need to ask which sources of customer information are reliable and safe and which are dangerous; and they need to ask what kinds of information shared may be repurposed in ways that could expose customers to harm, and insurers to penalties.
Mutual of Enumclaw's business continuity/disaster recovery plans include a response to the potential eruption of nearby active volcano Mount Rainier.
While insurance ranks among the industries best prepared to handle business interruptions, carriers need to constantly adapt disaster recovery plans and technology to changing conditions.
Accenture's 'bare allegations' are deemed insufficient to support either a claim that Guidewire stole trade secrets or the charge that Guidewire could be damaged by such allegations.
After celebrating this year's Insurance & Technology Elite 8 Award winners on Monday night at Insurance & Technology's Executive Summit, held in Phoenix, Arizona, we spent the last gathering of the event celebrating the election of a new president last night. This is not to say by any means that the result of the election was unanimously welcomed, but Democrats and Republicans alike put aside partisan