BLOGS

Insurers today face a multitude of IT challenges, including lack of resource capacity, the need for core systems modernization, lack of resources skilled in innovative technologies, and the need for greater operational efficiencies. The pressure is on for insurer IT organizations to lead and deliver clear technological and market-competitive advantages. IT services partners offer insurers...

Novarica SVP Mitch Wein and I were looking forward to another fascinating Special Interest Group meeting on analytics this month. The group touched on many areas of this broad field, with a particular focus on insurers’ use cases for analytics, data governance, business intelligence, and data catalogs. We were pleased at the level of participation and idea sharing that occurred. Analytics...

Data governance is foundational to many business strategies. Digital efforts expose corporate data externally; incomplete, dated, or inaccurate data can damage an organization’s reputation. Many customer initiatives depend on a 360-degree view of the customer relationship. Efforts to improve underwriting results require risk data and cause-of-loss information. Timely, complete, and high-...

Last week, I had the pleasure of co-hosting Novarica’s virtual Special Interest Group on the topic of analytics with Novarica SVP Mitch Wein. Novarica previously conducted these sessions once or twice a year before the pandemic, but can now deliver them much more frequently in a video conference format. In a time of significant change and disruption, the ability to deliver these sessions on...