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 April 2008
"Companies should not be resting on their laurels when developing risk management strategies and determining prices. Instead, insurers need to factor in issues surrounding climate change and must look to incorporate long-term weather trends into their pricing," says Tom Hettinger, managing director, EMB America.
Chubb's new enterprise CIO Jim Knight will work towards bringing the carrier's IT organization to new levels of capability.
Nationwide Financial moves to consolidate enterprise operational reporting onto a single platform, leveraging the latest release of Information Builders' WebFOCUS.
Tim Schaefer will leverage the experience of a wide-ranging career within Northwestern Mutual to shepherd the carrier's IT organization to new levels of maturity.
As much progress as CIOs have made over the last decade in making their mark on strategic direction, their ability to bring their influence to bear remains dubious. That being the case, "it is critical that the ultimate strategic leadership of the insurer -- the CEO -- understand the potential enablers IT brings, since they are often the only leader that can get past the tyranny of the ROI model," says Chuck Johnston of Oracle.
Among the survey's surprising findings were P&C and life insurance analysts' bullishness on operational efficiency or "transformational" programs - which at 77 percent ranked only slightly behind share buybacks (83%) and well ahead of product and service innovations (56%) in respondents' identification of important uses of capital.
Guidewire's 30th customer replaces three legacy claims systems and begins a line-of-business rollout scheduled for completion in 2009.
An ACORD spokesperson says that Garth cited her desire to "pursue other opportunities."
Users of Fiserv's P&C product suite will gain real-time predictive underwriting capabilities.
Allstate has not only made use of the preferred communication channel of anyone likely to care about these matters but has done so while releasing a staggering amount of internal documentation. That will make a positive impression on those who will dig no further, as it makes the material available for those who will dig and sets a precedent for greater corporate transparency at a time the public is clamoring for it.
Kryptiq gives Regence a single contract management solution across the insurer's provider network.
Like a mountain peak that seems to recede as you approach it, the prospect of the establishment of an optional federal charter (OFC) to replace a strictly state-based regulatory system for insurance remains in some indefinite future, despite our continued conversation about it. This is not to say that the OFC will never get here, only that we're still some way off from predicting its arrival.
Known for his expertise on core insurance systems, Hersh was the lead author of Celent's bi-annual policy administration system research reports and conducted over a dozen core systems replacement evaluation projects for a broad range of insurance carrier clients on both the life & annuities and property/casualty sides of the industry.
AXIS Capital subsidiary's AdminServer implementation includes an integrated broker portal for future online auto-rate and auto-bind business submission and tracking.
Business process management (BPM) -- in combination with business architecture and service-oriented architecture -- enables a rapid response to a changing marketplace by pulling processes and functionality out of legacy code and legacy thinking for reuse.
AXA Equitable's Performance online analytical and research tool combines industry best-in-class features for financial advisers.