Underwriting
(39)
Realizing Business Value through Collaborative Document Development
[ Source: Value Prism Consulting ]
October 2009-Collaborative Document Development is a business process that is common to organizations across all industries and all functional areas. In every business, information is communicated through reports and presentations - documents which are used in decision making at every level within an organization.
Collaborative Document Development describes how process stakeholders collaborate, create content, review content, revise content, publish final drafts, and archive important business documents. This paper describes how groups from a variety of industries ....
Bullet-Proofing Instant Messaging
[ Source: MessageLabs, now part of Symantec ]
September 2009-Information workers on the job often turn to the same software tools they use at home for quick, unfettered communication. When that involves consumer-grade instant messaging (IM) programs, such as AIM, Yahoo! Messenger and Windows Live Messenger, your organization’s network is at risk for malware infections. You may also have to deal with the results of regulatory compliance breaches and copyright violations. Management must confront these risks squarely, or face potential losses of millions of ....
How to Defend Against New Botnets
[ Source: MessageLabs, now part of Symantec ]
June 2009-In 2008 botnets were responsible for 90% of spam, according to Symantec's MessageLabs Intelligence: 2008 Annual Report; these compromised "robot" computer networks do not seem to be going away anytime soon. Download this new whitepaper and learn about the new and sophisticated botnets, how they can affect your network, and the steps you can take to protect your company from a botnet attack.
IT Tipping Point for Midsized Companies: Deciding When to Move to Tier 1 ERP
[ Source: Oracle ]
October 2009-Transitioning to a new ERP system is a challenging process. But it is nowhere near as complex and daunting as the myths that have grown up around Tier 1 systems would have it. These false perceptions are worth examining, because they distort the true cost/benefit ratio of Tier 1 systems and cloud the decision-making process.
This white paper will focus on debunking the myth that Tier 1 systems make running the business more difficult, ....
An Overview of HP Quality Center and HP Business Process Testing
[ Source: Hewlett-Packard ]
January 2008-HP Business Process Testing is a web-based test design solution that bridges the quality chasm between subject matter experts and quality engineers. HP Quality Center is designed to address the wide-ranging challenges that the quality assurance professionals face. This paper provides an overview of Mercury Quality Center Test Management. The shows how Test Director gives full visibility into all of testing efforts. It also shows how QuickTest Professional can automate the testing process.
2009 IT Salary Survey: Meager Raises, Solid Prospects
[ Source: InformationWeek ]
April 2009-Raises are notably smaller than a year ago, and the pay shifts track the industries and regions hardest hit during this recession. Job security’s shrinking, and concerns are rising again about the IT career path. In all, though, IT careers are looking safer than many others in this economic downturn. Get all the findings in InformationWeek's comprehensive, annual IT Salary Survey.
Windows 7 Review Guide
[ Source: Global Knowledge ]
June 2009-This white paper introduces the key areas in which Windows 7 differs from Vista - areas you'll need to focus on if you're thinking of moving to Windows 7, either from Vista or from XP. Even the most ardent fans of XP should take a look at Windows 7. Use it as a starting point for your own evaluation research. The areas examined in this white paper include deployment, hardware support, speed, robustness, security, ease ....
Cloud Connect: Charting the Course of On-Demand Computing
[ Source: Cloud Connect ]
October 2009-Cloud Computing represents the biggest shift in computing of the last
decade. It's as fundamental as the move from client-server computing to
web-centric computing, and in many ways more disruptive. Learn the latest about cloud computing models, technologies and migration in this whitepaper by Cloud expert and Cloud Connect 2010 Conference Chair, Alistair Croll.
Meeting Compliance Requirements With Document Management Software
[ Source: Cabinet NG ]
October 2009-Compliance is of primary concern to financial service, healthcare, and government organizations. Meeting compliance regulations have historically been perceived as an onerous burden. Today, leading companies are taking a broader approach to meeting compliance and are even embracing the benefits compliance offers. Meeting compliance must be a systemic process that touches all aspects of an organization. Most governmental regulations deal with the handling of business and personal information. Regulations are designed to protect against a ....
Solutions for 21st Century Healthcare
[ Source: 3Com ]
September 2009-To significantly improve the delivery of healthcare, an impressive arrange of new technology solutions are being introduced daily. 3Com designs solutions that deliver unique price/performance value, reduce complexity to facilitate healthcare delivery and ensure security to protect investments, resources and information.
In this case study, learn how 3Com can help you enhance patient care by maximizing business continuity, security, and productivity.
Bankers Insurance Improves Disaster Recovery and Gains Efficiency by Replacing Paper Documents with Electronic Versions
[ Source: Perceptive Software ]
January 2007-
With headquarters in Florida, Bankers Insurance Group is in an area prone to hurricanes and flooding. Company administrators decided that paper records were too vulnerable, and opted to replace them with electronic versions managed in ImageNow. ImageNow supports Bankers’ disaster recovery plan by securely storing all documentation related to any claim or policy on the ImageNow server. WebNow, the browser-based complement to ImageNow, extends ImageNow functionality to any location and ensures documents are ....
The Case for a Stand-Alone Rating Engine -- An Oracle Insurance Brief
[ Source: Oracle Insurance ]
April 2009-
In the current economic climate, insurers are looking for ways to expand their distribution and sales channels, while still keeping their costs down. How can you accomplish both? A Web-based, stand-alone rating engine can give you the scalability you need to expand and grow, while providing the online rating capabilities your agents demand. What's more, de-coupling rating from your policy administration system, and consolidating multiple rating engines, reduces IT costs and duplication of effort. ....
Decision Management for Insurance: Revenue-Generating Decisions Begin at the Point of Sale
[ Source: FICO ]
January 2009-
A new generation of technology solution—Decision Management—is bringing revenue-generating decisions to the point of sale with precision pricing and straight-through processing.
In this white paper, you'll learn how Decision Management can deliver deeper insights into risk exposure, enabling you to expand risk tiers, assign more accurate pricing and rapidly bring innovative products to new markets. You’ll also see how Decision Management can help you contain costs by allowing business users to implement business rule ....
Get Ready for Success: 7 Ways Automation Improves Underwriter Efficiency and Customer Service
[ Source: Optical Image Technology ]
March 2008-
Underwriting today is all about efficiency and service. Managerial expectations dictate the need to process more work, faster, often with fewer human resources, and as cost-effectively as possible. Understanding customer demands, and knowing the details of your routine business processes, records retention demands, and other legal requirements is vital to the smooth running of an underwriting department. This article explains seven ways you can tap into digital capture, storage, and process automation to maximize the ....
Modern Policy Administration Systems Require Modern Implementation Methodologies
[ Source: Camilion Solutions, Inc ]
December 2008-
The insurance industry is rife with anecdotes of late or failed implementations and millions of dollars lost in the process. In the Celent report "The 18 Month Rule: Avoiding The Endless Project" (Nov. 2006), it was noted that “between 30% and 80% of all large projects fail, with most estimates coming in on the higher side of this range.” But it doesn’t have to be this way –- implementations of modern policy admin systems can ....
Policy Administration: Managing Distribution and Portfolio Shift in Turbulent Times
[ Source: Oracle Insurance ]
May 2009-
Recent market events have highlighted that the insurance industry must always be prepared for shifts in business climate. Yet in these cost-conscious times, many insurers are reluctant to invest in the systems that will support rapid changes in strategy and direction. How can you contain costs while still achieving the business agility that is critical to survival in today’s market?
Learn how a completely Web-based, rules-driven policy administration system can help you:
....
Smarter Underwriting: New Strategies for Cost Control and Pricing Precision Using Decision Management
[ Source: FICO ]
January 2009-
Today insurance carriers are extending the efficiencies achieved through back office automation to point-of-sale (POS) decision making across all channels, including self-service websites, in-house sales and agent/distributor networks. New Decision Management solutions not only facilitate straight-through-processing, by improving the quality of inbound data, they also increase the accuracy, objectivity and consistency of underwriting and application decisions, even when business volume is rising rapidly. In addition, by providing deeper insights into loss risk, Decision Management enables ....
Smarter Underwriting: New Strategies for Cost Control and Pricing Precision Using Decision Management
[ Source: FICO ]
January 2009-
Today insurance carriers are extending the efficiencies achieved through back office automation to point-of-sale (POS) decision making across all channels, including self-service websites, in-house sales and agent/distributor networks. New Decision Management solutions not only facilitate straight-through-processing, by improving the quality of inbound data, they also increase the accuracy, objectivity and consistency of underwriting and application decisions, even when business volume is rising rapidly. In addition, by providing deeper insights into loss risk, Decision Management enables ....
Policy Administration: Managing Distribution and Portfolio Shift in Turbulent Times
[ Source: Oracle Insurance ]
May 2009-
Recent market events have highlighted that the insurance industry must always be prepared for shifts in business climate. Yet in these cost-conscious times, many insurers are reluctant to invest in the systems that will support rapid changes in strategy and direction. How can you contain costs while still achieving the business agility that is critical to survival in today’s market?
Learn how a completely Web-based, rules-driven policy administration system can help you:
....
Decision Management for Insurance: Revenue-Generating Decisions Begin at the Point of Sale
[ Source: FICO ]
January 2009-
A new generation of technology solution—Decision Management—is bringing revenue-generating decisions to the point of sale with precision pricing and straight-through processing.
In this white paper, you'll learn how Decision Management can deliver deeper insights into risk exposure, enabling you to expand risk tiers, assign more accurate pricing and rapidly bring innovative products to new markets. You’ll also see how Decision Management can help you contain costs by allowing business users to implement business rule ....
The Case for a Stand-Alone Rating Engine -- An Oracle Insurance Brief
[ Source: Oracle Insurance ]
April 2009-
In the current economic climate, insurers are looking for ways to expand their distribution and sales channels, while still keeping their costs down. How can you accomplish both? A Web-based, stand-alone rating engine can give you the scalability you need to expand and grow, while providing the online rating capabilities your agents demand. What's more, de-coupling rating from your policy administration system, and consolidating multiple rating engines, reduces IT costs and duplication of effort. ....
Competitive Strategies for Managing Customized Forms
[ Source: EMC Document Sciences ]
January 2007-
Product customization is a common means by which carriers compete. As a result, most carriers are overrun with the multitude of administrative forms required to sell and service their products. This increases the analytical challenges placed on pricing and underwriting, makes marketing more difficult, and drives up costs. Based on survey data and interviews with insurance carriers, this Celent report focuses on the impact that a customization strategy has on forms management, and provides ....
Managing Risk Intelligently: How to Leverage Business Intelligence to Improve Risk Management and Boost the Bottom Line
[ Source: Insurance & Technology ]
March 2009-
As the global economic crisis continues to batter the financial services industry, insurers’ very survival increasingly depends on their ability to manage risk. By weaving analytics into the fabrics of their organizations, innovative carriers are turning their massive stores of data into actionable intelligence, gaining a more complete view of their risk exposure and driving greater profitability to the bottom line.
BPM Done Right: 15 Ways to Succeed Where Others Have Failed
[ Source: Software AG ]
March 2008-
The rates of adoption of business process management (BPM) technology are increasing dramatically, and with them, the stories of missed expectations and wasted investment also are on the rise. BPM’s promises are real, but the path to success is littered with pitfalls and shortcuts to failure. Best practices can help you avoid them. The good news is that BPM has now reached a stage of maturity that ensures that customers who are just embarking on ....
Modern Policy Administration Systems Require Modern Implementation Methodologies
[ Source: Camilion Solutions, Inc ]
December 2008-
The insurance industry is rife with anecdotes of late or failed implementations and millions of dollars lost in the process. In the Celent report "The 18 Month Rule: Avoiding The Endless Project" (Nov. 2006), it was noted that “between 30% and 80% of all large projects fail, with most estimates coming in on the higher side of this range.” But it doesn’t have to be this way –- implementations of modern policy admin systems can ....
Bankers Insurance Improves Disaster Recovery and Gains Efficiency by Replacing Paper Documents with Electronic Versions
[ Source: Perceptive Software ]
January 2007-
With headquarters in Florida, Bankers Insurance Group is in an area prone to hurricanes and flooding. Company administrators decided that paper records were too vulnerable, and opted to replace them with electronic versions managed in ImageNow. ImageNow supports Bankers’ disaster recovery plan by securely storing all documentation related to any claim or policy on the ImageNow server. WebNow, the browser-based complement to ImageNow, extends ImageNow functionality to any location and ensures documents are ....
New Policy Admin System Shines Bright for Buckeye Insurance
[ Source: Insuresoft ]
June 2006-
Buckeye Insurance Group had spent 20 years enhancing its legacy system, and its problems and limitations were becoming obvious. Staffing (and turnover) was becoming a major issue. In September 2000, Buckeye went live with Insuresoft's Diamond 4.0. Within six months, data conversion for the personal-auto line was complete, and 10,000 policies were in the system.
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