Policy administration systems (PAS) replacements and expansions remain top of mind for property/casualty insurers. Carrier goals include: improving time to market, advancing business intelligence and analytics capabilities, improving customer and distributor service, increasing operational efficiencies, and eliminating technical risk and debt.
March 5, 2018 by Martina Conlon
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March 5, 2018 by Robert McIsaac
Last week marked the third time we’ve had the opportunity to lead a group of senior IT leaders from carriers out to Silicon Valley for an on-the-ground, immersive “Innovation Tour.” In addition to visiting accelerators, incubators, start-up companies, and venture capital firms, the tour incorporates visits to mature organizations which grew from start-ups and which focus on keeping innovation as a central part of their corporate DNA. Each of the firms, which included AWS, Google, and DocuSign this time around, offers something special.
March 2, 2018 by Robert McIsaac
Rob McIsaac on lessons learned from Office 365.
Matthew Josefowicz on monetizing risk and service capabilities in new ways.
Chris Eberly on the life/annuity outlook for 2018.
March 2, 2018 by Chris Eberly
According to a recent article on InsuranceNewsNet.com, the lower sales numbers for annuities in 2017 over 2016 look to continue in 2018. This is not a new trend for annuities, but certainly one of concern to insurers and may be at the root of recent announcements by carriers to exit the business. Interestingly, the need to save for retirement and have secure income in retirement is only increasing as fewer and fewer people who are reaching the age of retirement have a traditional defined benefit plan.
March 2, 2018 by Robert McIsaac
This week I had the distinct pleasure of hosting our third “Innovation Tour” in Silicon Valley, an opportunity to take a group of more than 20 senior insurance carrier leaders on a wide-ranging experience which includes visits with incubators, accelerators, large tech firms that have maintained their vitality and innovative spirit, startups with big aspirations, and venture capitalists up on the legendary Sand Hill Road.