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Insurance & Technology December 16, 2008 Anthony O'Donnell |
Priorities Will Shift, But Insurers' 2009 IT Spending Remains Healthy Given the ravages the financial crisis has wrought in the insurance industry, greater cost consciousness will return to insurance IT organizations.  |
Insurance & Technology November 25, 2003 Julie Gallagher |
Fraud Spurs Analytic Spending Driven by regulatory compliance and risk management needs, European financial services institutions will spend $4.8 billion on business intelligence and analytic technologies by 2006. Insurers will contribute to this trend despite the fact that they are still a little behind other FSIs when it comes to their use of analytics.  |
Insurance & Technology December 8, 2008 Anthony O'Donnell |
Insurance Technology Outlook 2009: Sudden Change Though the financial services industry has seen a precipitous change in the business environment and will adopt austerity measures, insurers are likely to be opportunistic in their technology investments.  |
Insurance & Technology February 9, 2009 Peggy Bresnick Kendler |
Virtual Roundtable: Green IT Especially in turbulent economic times, "green" initiatives can be a boon to the business.  |
Insurance & Technology August 7, 2008 Stuart Rose |
Insurers' Fraud Technology Is Behind the Times But network link analysis, voice stress-recognition software and other emerging analytics technologies, along with fraud propensity scoring, can bring carriers up to speed.  |
Insurance & Technology March 18, 2005 Anthony O'Donnell |
Top P&C Initiatives for 2005 Policy administration systems are a top priority this year for large and midsize P&C insurers, according to Celent's 2004 CIO/CTO survey  |
Insurance & Technology December 16, 2009 Anthony O'Donnell |
IT Investment to the Rescue Continuing economic uncertainty has spurred rather than hobbled technology investment, as insurance IT organizations seek to support competitive distinction through superior underwriting, pricing and customer-facing capabilities.  |
Insurance & Technology July 24, 2009 Anthony O'Donnell |
Novarica: Tech Transforming P&C Claims Amid Downturn Carriers are moving forward with existing core claims systems initiatives and investing in emerging technologies such as analytics, fraud detection, geographic information systems, mobile applications and Web 2.0 to drive operational efficiency and improved customer service.  |
Insurance & Technology March 5, 2008 David West |
Exclusive Research Report: Insurance IT Spending Slowdown Already Upon Us, TowerGroup Says Although TowerGroup previously observed an upward trend in insurance carriers' IT spending with an anticipated slowing in spending by 2009, the latest research suggests that the slowdown already is upon us.  |
Insurance & Technology August 13, 2008 Dennis Jay |
Predictive Analysis Allows Insurers to Stay Ahead of Constantly Evolving Fraudsters When used with data mining tools and street investigations, predictive analytics can be among the biggest electronic enemies of the fraud rings that cost insurers tens of billions of dollars annually.  |
Insurance & Technology November 10, 2008 Anthony O'Donnell |
IT Will Power Insurance Industry Response to Crisis Technology spending will be a critical factor for insurers wishing to both take advantage of opportunities provided by the current crisis and address heightened compliance and risk management concerns.  |
Insurance & Technology January 25, 2005 Cynthia Saccocia |
Did You Say Controlled Tech Spending? Aw, Not Again! Insurance is an industry that reacts decisively to its business cycles and urgently to intrusions of reality such as catastrophic claims, economic issues and regulation.  |
Insurance & Technology August 13, 2008 Peggy Kendler |
Emerging Technologies Fight Claims Fraud Industry insiders discuss predictive modeling and other tools allowing special investigations units (SIUs) to be more proactive in their fight against claims fraud.  |
Insurance & Technology January 5, 2007 Paul McDonnell |
It's a 'Buy' World This is an exciting time in the insurance industry, with several factors leading carriers to make key technology decisions in 2007. Carriers choosing to implement new solutions should recognize the critical need for flexible integration architecture.  |
Bank Systems & Technology February 13, 2009 Peggy Bresnick Kendler |
Perspectives: Green IT A growing number of banks have recognized that adopting "green," or energy-efficient, computing and operational principles isn't just about helping the environment - it also can help reduce costs, improve performance and provide competitive benefits.  |
Insurance & Technology September 14, 2004 |
The Financial Services 40: Tracking Innovation In Financial Services The traditionally risk-averse insurance industry is discovering that innovation is not such a scary concept. The firms that are able to deploy technology in innovative, customer-focused ways consistently have a competitive advantage generating profits and building market share.  |
InternetNews June 23, 2009 Stuart J. Johnston |
Survey: U.S. Spending Least on IT 'Innovation' Microsoft-commissioned survey finds other countries are spending more of their IT budgets with an eye to getting a competitive edge.  |
Insurance & Technology August 23, 2010 Peggy Bresnick Kendler |
Virtual Roundtable: How to Navigate Claims Transformation Industry experts discuss best practices for ensuring a successful claims system modernization project.  |
Insurance & Technology March 6, 2008 Catherine Stagg-Macey |
International Insurance IT Executives Continue To Invest, Priorities Vary International insurance IT executives in EUrope, Asia and Latin America will continue to invest in technology in 2008, but their spending priorities reflect unique challenges of their local markets.  |
CIO December 23, 2008 Jarina D'Auria |
Five Things Judy Estrin Has Learned About Closing the Innovation Gap In her book, Closing the Innovation Gap, former Cisco CTO Judy Estrin shares why CIOs and other leaders must nurture innovation to fend off global competition.  |
Insurance & Technology September 2, 2008 Nathan Conz |
Insurers Shift To Customer-Focused Predictive Analytics Technologies Technology advances outside the industry have not only changed the way people shop for insurance and other financial products, but also raised the bar in terms of service and support.  |
Wall Street & Technology October 20, 2006 |
Mystery Shopping for Effective Fraud Prevention By comparing a combination of mystery-shopper tactics and Web site research against criteria in prevention, detection and resolution of identity fraud events, a research company ranked 24 financial institutions on how well they protected customers' identities.  |
Insurance & Technology November 21, 2005 Kerry Massaro |
What's Behind Door No. 1? Thanks to technology innovation, there is an array of sophisticated decision-making tools available to insurers. Now the challenge is how to manage the volume of data and decision-making resources intelligently across the enterprise.  |
Insurance & Technology September 6, 2007 Nathan Conz |
Data Mining Improves Fraud Mitigation Efforts Data mining can help insurers access and leverage the institutional knowledge vital to fraud mitigation efforts that is locked inside their current and historical claims data.  |
Insurance & Technology October 20, 2009 Anthony O'Donnell |
IT Departments Challenged in a Year of Crisis and Learning In driving senior technology executives to do more with less, the financial crisis clarified the capabilities that distinguish the most successful insurance CIOs in a rapidly changing business environment.  |
Bank Systems & Technology March 29, 2006 Katherine Burger |
You're Wearing That? Innovation is not just about new products and services, but also encompasses business model innovation, process innovation, culture innovation and management system innovation.  |
Insurance & Technology January 5, 2007 Mike Adler |
The Keys to Establishing Business Value CIOs are evaluating and implementing technology capabilities that hold true business value for their organizations.  |
Insurance & Technology December 15, 2009 Anthony O'Donnell et al. |
4 Technology Solutions That Sizzle While insurers often are cautious in their adoption of emerging technologies, carriers are investing in four solutions -- cloud computing, mobile, analytics and social networking -- that are just too transformative to ignore.  |
Information Today November 25, 2014 |
New Resource Explains Challenges and Opportunities for Information Governance The Centre for International Governance Innovation published a resource on the challenges and opportunities for global internet policy and governance.  |
Insurance & Technology September 5, 2008 Gary Kirkham |
BPM Creates a More-Agile Business The business demands process improvements that increase customer satisfaction and automate corporate functions to ensure good business practices.  |
Insurance & Technology September 28, 2009 Deb Smallwood |
Business/IT 'Linkage' Key to Insurer's Adaptation to Changing Marketplace To meet burgeoning consumer communications and transaction demands, insurers must build a services-enabled technology architecture in close collaboration with businesses.  |
Insurance & Technology November 26, 2003 Bisker & Saccocia |
2004 Insurance IT Spending To Increase...Slightly TowerGroup forecasts point to emphasis on closing the gap between IT spending and strategic business operations.  |
Insurance & Technology March 25, 2008 Anthony O'Donnell |
Economy Portends Insurance IT Budget Cuts The sudden economic downturn owing to the subprime lending crisis will likely blunt insurers' IT investment plans during the next budget cycle, if not sooner, but transformation initiatives will be regarded as essential rather than discretionary.  |
Bank Systems & Technology March 27, 2008 Peggy Bresnick Kendler |
The Credit Crisis Has Increased Scrutiny on Trade Finance The global credit crisis has emphasized the importance of cash management while intensifying the spotlight on corporate governance and banks' risk management practices  |
Insurance & Technology April 6, 2006 Katherine Burger |
Beyond the Crapshoot The product development process no longer is a dragged out, unscientific crapshoot.  |
Bank Systems & Technology February 1, 2007 Jim Eckenrode |
2007 Bank Technology Forecast: Challenges and Opportunities Some of the more critical and far-reaching priorities bank technology and business leaders will need to address in 2007: fraud detection, security, analytics, and SOA technology.  |
Bank Technology News March 2011 Martin Abrams |
Managing E-Privacy While change in governance paradigms may have risks, the status quo is riskier. Innovation will be driven by robust data collection and application through advanced analytics.  |
Managed Care March 2006 John Carroll |
New Tools to Detect Fraud Rely on Discovering Patterns The ability of the computer to find unexpected - and often unwelcome - patterns of utilization for health insurance is at the heart of today's fraud detection methods.  |
Insurance & Technology January 5, 2007 John Lucker |
Winning a Zero-Sum Game Insurers are playing a zero-sum game - the aggregate of insurable risks is simply not growing at a rate commensurate with growth projections.  |
Insurance & Technology February 19, 2009 Anthony O'Donnell |
Federal Insurance Regulatory Proposal Draws Fire, Support Opponents of the National Insurance Consumer Protection and Regulatory Modernization Act (NICPRMA) call the bill an attempt to shoehorn optional federal charter into government regulatory activity meant to address systemic risk within financial services.  |
CRM January 2010 David Myron |
A New Decade Brings New Ideas Organizations must position themselves in a way that promotes innovation.  |
Insurance & Technology January 22, 2009 Anthony O'Donnell |
Satyam Scandal Fallout: Truth and Consequences The Satyam scandal may be a unique case, but insurers nonetheless are likely to require greater transparency from their offshore partners, especially for business process outsourcing.  |
Insurance & Technology April 20, 2010 Peggy Bresnick Kendler |
Virtual Roundtable: The Imperatives of Infrastructure Successfully responding to rapidly changing market conditions requires a flexible technology architecture.  |
Insurance & Technology April 20, 2005 Wendy Toth |
Claims Tech Tops IT Spending Report: Claims management technology will be the leading strategic area of investment for U.S. P&C insurers in 2005.  |
Insurance & Technology August 13, 2009 Anthony O'Donnell |
IBM's SPSS Acquisition May Speed Insurers' Adoption of Predictive Analytics The addition of SPSS to IBM's capabilities rounds off the vendor's offering at a time when insurers are poised to invest more heavily in predictive analytics, according to industry analysts.  |
IndustryWeek January 31, 2012 Josh Cable |
GE Barometer: Executives Believe Innovation and Growth Go Hand-in-Hand However, uncertainty in the global economy is curbing their companies' appetites for risk and making it harder for them to find capital.  |
U.S. Banker March 2009 Glen Fest |
D&O Sticker Shock As the credit crisis worsened last year and more and more financial institutions became targets of shareholder lawsuits, many banks were hit with up to 85% increases in their premiums for director and officer insurance.  |
Insurance & Technology November 15, 2007 Katherine Burger |
Insurers' Technology Investments Transform Catastrophe Claims Management Strategies While technology's power is welcomed by the public, politicians and the media in terms of catastrophe claims response, it's not always so appreciated when it comes to how insurers deploy it to forecast, analyze and underwrite risks.  |
Wall Street & Technology November 12, 2008 Melanie Rodier |
Insider Fraud Is Involed in 60 Percent of Data Breaches Rogue employees have the potential to devastate a bank. But up to 50 percent of all insider fraud incidents go unreported, Celent says.  |
CFO May 15, 2012 Sarah Johnson |
Speaking of Fraud Fraud-related tips reached an all-time high in the latest quarter.  |