SMA Strategy Meets Action’s Karen Furtado recently published an article titled Possibilities or Limitations: A New View of Policy System Selection at www.propertycasualty360.com which highlights the key areas that insurers should consider when selecting a policy administration system to meet their functional business requirements and to future proof their systems.read more »

Sure we all want to have that extra piece of pie, but who wants to spend an extra 30 minutes on the treadmill working it off? Life is full of trade-offs like this. Sure we want to take the current ISO filings, but we can’t afford the resources to interpret and implement them... read more »

In an earlier web poll on handling ISO circulars we asked for your input regarding which part of the process takes the longest to implement. After compiling the data, the results overwhelmingly favour two time consuming processes: Analyzing & Interpreting the ciruclars, and Modifying & Implementing Rates/Rules. Here's a look at the data from the poll:read more »

With the new year in hand, we thought it would be a good idea to have a quick look at some of the more popular posts from 2010. read more »

Recently, Camilion conducted a poll with Insurance Networking News and Insurance & Technology to grasp a sense of many of the struggles that insurers face with expensive and labor-intensive manual processes for interpreting and implementing ISO circulars. read more »

Novarica recently published a report titled Market Navigator US Property/Casualty Rating Solutions 2010, which provides an overview of the available stand-alone rating solutions for US property/casualty insurers. According to Karlyn Carnahan & Lis Maguda, authors of this report, speed to market is a critical capability to cope with competitive conditions in the insurance marketplace, requiring easy and fast modification of rates and algorithms. read more »

We recently spoke with Monika Schmidt, Vice President, Services for Camilion Solutions about the key concepts of insurance product portfolio rationalization and the many benefits such as cost reduction and increased underwriting efficiencies it delivers to both Property & Casualty and Life & Annuity insurers. read more »

As part of our Authority Implementation Methodology, Camilion works with our clients to develop a best practice insurance product architecture. This architecture enables an insurer to identify relationships and commonalities in their insurance product portfolio to create a common product baseline. read more »

Novarica released a video recently on 2011 IT spending priorities featuring Matt Josefowicz. You can watch the video in its entirety here (9:45)read more »

Gartner recently published MarketScope for North American Property and Casualty Insurance Policy Management Modules, which provides a look into the North American policy management vendor market aimed at Tier 1, 2 and large Tier 3 P&C insurers. While it is not a comprehensive report of all vendors offering policy administration systems, it reviews vendors that support full end-to-end policy management and issuance functionality, with 2 live customers of greater than $500 Million in DWP, that exhibit steady growth and demand in the North American P&C insurance market.read more »