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ITA Pro Weekly, March 11, 2015

Robert Regis Hyle | March 11, 2015

 

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ITA Pro Weekly

 

Insurance Claims Change Thanks to Technology
Replacing a claims administration system presents a major challenge for an insurance carrier, but there are other technology options available for carriers to consider while they wait for the big bang. READ MORE

(Why) Are Insurance Technology Upgrades (So) Hard?
It is generally accepted that the P&C industry is on the middle of a generational wave of core systems modernization. By any measure the activity level is extraordinary. We are probably four or five years into what will be a 10-year cycle by the time we are done. READ MORE


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Data is the Currency for Insurance Carriers
Companies are generally valued by the amount of sales they make, or in the case of insurance carriers, the amount of premium dollars generated. Insurance, of course, is not like most businesses because the product carriers sell is a promise to pay a claim, whether it is for a house damaged by a fire, a life lost, or an illness treated. READ MORE

Insurance and Predictive Analytics: Past, Present and Future
The evolution of advanced data and tools to help insurers accurately price and assess risk has improved exponentially over the last decade. Analysts and experts agree it is no longer a question of should insurance adopt analytics within insurance, but how. READ MORE

Featured Solution of the Week
4Sight Business Intelligence, Inc. provides business intelligence solutions designed specifically for the Property & Casualty insurance industry. Our focus is providing off-the-shelf, documented, solutions with ad-hoc reporting, what-if analysis, dashboards, scorecards, standard reports, data mining, and pre-built ETL processes. READ MORE

 

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