Resources

3 Reasons for the Inevitability of Cloud Computing Jul 03, 2013

By: Kevin Mason, Vice President of Product Development and Maintenance, Instec "Utility computing has been tried before, but its reach was limited. This time it's different, and there are three reasons why the widespread use of cloud computing in the insurance industry is inevitable." Read more

Core in the Cloud: Time to Choose Jul 02, 2013

"P&C insurers already are reaping the benefits of cloud-based software in segments such as damage estimating and medical bill review. However, when it comes to core processing, many continue with traditional on-premise deployment." Read more

Adapt or Perish: Embracing Technology in Underwriting Jul 01, 2013

"One of Mark Twain's most recognized quotes is, “The reports of my death have been greatly exaggerated.” Underwriters and Mark Twain have rarely, if ever, been mentioned in the same sentence, but underwriters may have more in common with the author than would initially appear." Read more

Is Cloud Computing Critical To Carrier Management? Jun 04, 2013

"The annals of IT history are littered with project failures. The Standish Group, which has been collecting data on IT development projects since 1985, consistently reports that only about 30 percent of projects are successful, which is defined as on budget, on time, and with all planned features." Read more

Counting the Costs of Project Failure Apr 01, 2013

"The annals of IT history are littered with project failures. The Standish Group, which has been collecting data on IT development projects since 1985, consistently reports that only about 30 percent of projects are successful, which is defined as on budget, on time, and with all planned features." Read more

Working in the Niche PAS Market Feb 04, 2013

"An insurance carrier that writes approximately $150 million in premium is by no means considered a larger insurer, but companies of that size--including Pennsylvania Lumbermens Mutual Insurance company (PLM)-often operate in niche markets." Read more

PASsing the Agility Test Feb 04, 2013

"Modern policy administration systems give commercial lines carriers the agility to bring new products and rates to market faster, provide automated information gathering and underwriting decision support, and launch new system capabilities quickly." Read more