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 June 2009
Theft on a grand scale - which is what Madoff's crimes amount to - must be appreciated for the devastation it cause to lives, the destruction of time and effort that could have been spent otherwise, more easily, more joyfully, perhaps more healthfully.
New functionality at the regional BlueCrossBlueShield plan's member delivers online compliance with an Oregon requirement that health plans provide estimates of out-of-pocket costs for certain medical services.
The U.S. Department of Treasury's investment in The Hartford under the Capital Purchase Program takes the form of non-voting senior preferred shares with a cumulative annual dividend of 5 percent for the first five years and 9 percent thereafter.
Contract for outsourced Universal Reinsurance System solution builds on Majestic Insurance's use of StoneRiver's PowerSuite workers' comp policy admin system.
Successes in East Asia are likely to lead to expansion of offerings into places like Central Asia, Africa and Latin America. It may transpire that lessons learned from this business will translate to other market opportunities for smaller risks and those of a more temporary nature, similar to the travel insurance and car rental liability insurance markets.
The solution is designed to help P&C companies measure risk across their enteprise better, determine capital requirements and allocate capital to business units, as well as enabling them to develop reserve ranges, optimize reinsurance programs and measure economic performance and value creation.
The DRC solution, which includes DecisionMaker Quote, Rating, Policy, Blling and Claims, will handle policy administration for BIS's Contractor General Liability program.
Freyne will stand in for Rick McKenny, who will leave Sun Life to take an executive position with a U.S. financial services company.
New report identifies five situations in which mergers are likely to increase, a strategic objectives checklist for insurance M&A and a four-phase approach to planning and executing M&A.
Lewis will be responsible for further streamlining capital planning infrastructure across the organization and for enterprise risk management initiatives and implementation within the P&C operations.
The Obama administration has neither the energy nor the inclination to budge the state regulators from their position of authority; however, a similar deference toward banking regulators on the part of the administration affirmed in principle the ability of financial institutions to choose their regulator in some circumstances.
Implementation builds upon Columbian Financial Group's launch of FIS' ALIS policy admin system and sets the stage for conversion of in-force policies.
President Obama's proposals include enhanced oversight of the insurance sector and the establishment of an Office of National Insurance.
PricewaterhouseCoopers' purchase of BearingPoint assets and hiring of its professionals bring significant insurance technology advisory capabilities, increasing the firm's bench strength in areas such as policy administration, claims, and sales and distribution.
Pilot begun last November shows high rates of satisfaction among providers who use the real-time claims processing and member liability estimation tools via the Highmark's NaviNet provider portal.
The statement will be presented at the June 16 hearing on Risk and Insurance House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
New site includes the ability for individuals, businesses and financial professionals to set a custom landing page, providing personalized Web pages with content and tools directly related to their needs.
Today insurers indeed understand better the importance of technology for both supporting operations and ensuring distributors and end-customers are satisfied. They also understand that IT costs are minor compared to overall operational costs, and that IT is key to reducing operational costs while supporting acquisition and retention initiatives.
SaaS-delivery predictive analytics solution is being developed to support ICW Group's geographic expansion strategy in its workers' comp line of business.
The U.K.-based insurer has switched to a multi-tenant, on-demand version of Ariba's Ariba Spend Visibility, Ariba Sourcing, Ariba Contract Management and Ariba Supplier Performance Management.
Through the partnership, the Thunderhead NOW product provides Guidewire clients with what its manufacturer describes as a robust, integrated platform that can be used across the enterprise for multiple communications purposes, according to Thunderhead.
The system is now being used within AMERISAFE's underwriting, sales and marketing departments as well as its internal agency and will be rolled out to agencies branded as AMERISAFE GEAUX.
The solution enables insurers to consolidate billing systems onto one platform for greater visibility and efficiency, improving revenue management and providing better customer service and multi-channel sales support, according to the vendor.
Perot Systems will administer the carrier's infrastructure services within the vendor's data center, using ITIL-based best practices and systems.
In his new role as CIO of OneBeacon, Gary Plotkin will focus on growth, supported by collaboration across the carrier's distributed IT organization.
Site rebuild includes simplified navigation and improved functionality designed to enhance user experience.
The solution combines Patni's ITO and BPO services with by TriZetto's QNXT core administration platform.
InsPost Auto Claims Reporting App is available to insurance carriers as a privately labeled service that enables policy holders to document and submit auto accident claims in minutes, according to the vendor.
Benefits portal includes tools and resources to help employers control costs and craft effective benefits communication.
The Guidewire system provides a single platform to replace multiple systems accumulated through acquisition by the UK-based specialty lines carrier.