IT Infrastructure
Articles
Insurance Thought Leadership – Insurtechs’ role in transformation
Executive summary : Given the nature of insurance, and the possibilities that data analytics and technology offer, there should be little doubt that the industry is moving toward ...
Briisk – Insurance API – 4 great Use Cases of API empowered Insurance
Executive summary : The insurance industry has struggled to adopt technological innovation and digitally transform. Many insurers rely on centralised legacy systems with huge ...
Library: Sollers Consulting – The pandemic is pushing insurers to the cloud
March 2021 featured report: You won’t be surprised to hear that insurance is something of a laggard when it comes to digital transformation. We tell you this all the time, but ...
Cognizant: Digital Enterprise Architecture: Four Elements Critical to Solution Envisioning
Executive summary The digital revolution continues to transform our world. Mobility is rapidly ascending as sensor and actuator capabilities bring intelligence to devices of all ...
Global risk management survey, 11th edition
Article Synopsis : In recent years, financial institutions improved their risk management programmes in order to manage market, credit, and liquidity risk. Non-financial risk is ...
Rather than fear the disruptive potential of insurtechs, commercial insurance executives should view them as a catalyst for digitisation
Article Synopsis : Commercial insurance executives are well aware of the benefits of digital but face several obstacles. Bigger companies are slow to adopt and adapt because ...
Oxbow Partners InsurTech Impact 25 2018
Article Synopsis : This year has been transitional for InsurTech. The proof of concept is no longer enough for executives – they want to see execution and results. As a ...
Grid Computing at Scale for Financial Services
Article Synopsis : This whitepaper from Amazon Web Services explores the massive potential of grid computing in Financial Services (FS) including known challenges and potential ...
The progressive cloud: A new approach to migration
Article Synopsis : Migrating apps and data to public-cloud platforms can be tricky. Companies can ease the transition with hybrid-cloud configurations that progressively combine ...
7 Essentials for a Successful Cloud-First Transformation
Article Synopsis : Cloud in the enterprise is no longer just a sandbox for developers, or a sneaky backdoor way for business units to get more IT resources fast. IT leaders ...
Future Trends 2018 – Majesco
Article Synopsis : Insurance 2.0—an increasingly borderless marketplace where partnerships with InsurTechs, MGAs, reinsurers, distribution channels and even other insurers is ...
Cloud as Rainmaker – Accenture Infographics
Article Synopsis : As insurers change the way they do business one common enabler emerges: Cloud. Insurers are reaping substantial cost savings and flexibility gains – both ...
Transforming Legacy Systems to Adopt Emerging Tech – RapidValue
Article Synopsis : Fast-changing industry dynamics and higher customer expectations create mounting pressure on insurers to pursue major technology as well as business process ...
Facing the digital “big bang” – BCG Technology Advantange Oct 2015
Article Synopsis : Digitisation continues to reshape the business world and technology excellence is a critical differentiator with the growing pool of digital customers. The ...
Vlocity mix cloud ancestry and secret blueprints to build an insurance business on Salesforce.com
Salesforce.com has become the de facto standard for customer relationship management systems (aka CRM). In a technology market that has experienced a seismic shift towards software...
Why Mobile Backend-as-a-service (MBaaS) Now – Cognizant Insight
Article Synopsis : Rapid adoption of smart phones and mobile devices is putting renewed pressure on carriers to embrace mobility as a key component of their business model. While...
Enabling transformation in insurance through digital collaboration
Introduction This article is a companion to, “Digital Collaboration in Insurance”, a primer on collaboration tools and their benefits, the trends driving their adoption, and ...
Digital reinvention – Trust, transparency and technology-IBM
Article Synopsis : The transformative impacts of social media, mobile technology, analytics and cloud drive a new technological lifecycle requiring the reinvention of markets, ...
Insurance Tech Trends 2012 – Elevate IT for digital business – Deloitte report by Mark White and Bill Briggs
Article Summary : With the recent advancement in cloud computing, mobility, social media, and big data techniques, the most important lever for future growth will be tied to the ...
A new era in insurance – Cloud computing – Accenture Report
Article Synopsis : Cloud computing has experienced tremendous growth recently and is increasingly being adopted by insurers. Looking at its immense potential, insurers should ...
Cloud Computing in Property & Casualty Insurance – Capgemini
Article Synopsis : Given the potential benefits of cost saving, agility, efficiency and scalability, there is a compelling case before insurers to leverage the potential of cloud...
Delivering on the Promise of Digital Transformation – Harvard
Article Synopsis : Emerging technology trends dictated by the empowered omni-channel customers are prompting insurers to take a more proactive approach towards managing their IT ...
The Digital Insurer – Capabilities Needed – Capgemini
Article Synopsis : Today’s customers evaluate product, service and delivery quality against the competitive benchmark of digital customer experience. To survive in the new ...
Digital Collaboration in Insurance
Introduction In today’s world, customers, employees and organisations are much more connected and this is clearly changing the way they do
The Drive to Digitization in Insurance – SMA white paper
Article Synopsis : As digital technology evolves, smart cloud-based software and applications are making paperless transaction a reality. Paperless transactions are growing in ...
How Cloud Computing will Transform Insurance – Accenture
Article Synopsis : The success stories of cloud computing across so many industries have compelled insurers to capitalise on the benefits that cloud offers. In the report ...
Cap Gemini : Simplify your journey to the cloud
Article Synopsis : In order to harness the business opportunities hidden in going digital, insurers across Asia need to build a digital transformation framework based on software,...
Actuarial Models meet the cloud – a perfect marriage?
This article discusses the benefits of migrating actuarial models to the cloud. The cost of actuarial modelling has been rising In the early 1980’s, life insurance company ...
Celent on IT insurance spending : Robust growth expected in Asia
Celent issued a report earlier in the year providing global perspective on IT spending in the insurance industry. The Digital Insurer was provided a copy of the report and has ...
Fact finds in the digital era
In this article Brian Hannan, an experienced life distribution specialist, explores the history of digitisation of fact-finding and explains why tablets are the ideal medium for ...
Aflac Partners with VUE to consolidate distribution process
Aflac, a leading provider of supplemental insurance in the US (covers risks that major medical insurance doesn’t cover) has deployed VUE’s distribution management suite...
Aviva Ally Launches for Commercial Insurance Brokers
Aviva Canada announced the launch of Aviva Ally, a solution that provides commercial insurance brokers with a variety of ways to submit their small business insurance applica...
AXA – achieving digital transformation objectives through Fast IT
The insurance industry, as a heavily regulated and complex field, has proven to be particularly resistant to change. Additionally, offline distribution and outdated IT system...
AXA accelerates payer-to-partner strategy with acquisition of Maestro Health
AXA has acquired Maestro Health, a Chicago-based US health benefit administration digital company for a total consideration of US$155m. It will operate as a 1...
AXA launches Shared Services Centre in Manila; creates up to 300 IT jobs
AXA has established a shared services centre in Asia as a part of its digital transformation journey. The centres will be based in Philippines and Malaysia.
The new sh...
AXA signs multi-year agreement with Oscar Health
Oscar has entered into a multi-year quota-share reinsurance transaction with AXA’s International Employee Benefits (IEB) division. The partnership comes...
AXA turns insurance-as-a-service into reality
AXA Singapore has launched an insurance-as-a-service API to make it easier for digital channels to integrate their products. This is in response to the Monetary Authority of ...
Click2Sure re-imagines insurance distribution
Click2Sure is a South African based B2B2C platform that distributes specialised annex insurance (protection insurance as an add-on or bundled into a purchase) at point of sal...
Seguros Monterrey New York Life Pitch – LIVEFEST 2018 North America Insurance Innovation Awards
Watch Jorge Alvarado, IT Transformation Manager, Seguros Monterrey New York Life talk about the focus on transformational projects for migration of Data Centers. Seguros ...
Enigma Raises Another $95M to Bridge the Gap Between Data and Business Decisions
Enigma is a New York a data-as-a-service startup enable organizations to make sense of their internal data and leverage real world data signals. To facilitate its idea, Enigm...
TDI Webinar Aug 2018 – Technology Infrastructure for Global Insurers
The Technology Infrastructure for Global Insurers webinar was held on 29 August 2018. The agenda includes: Technology Infrastructure for Global Insurers Accelerating Business ...
GEICO improves efficiency and enhances customer experience with Duck Creek
Geico is best known in the U.S for its direct marketing and tailored property insurance policies. However, increasing competition from online platforms such as Goji and Metro...
Generali strikes strategic technology partnership with Google
Generali and Google have entered into a strategic partnership aimed to disrupt the traditional insurance industry. The move will create and innovate a cloud-based platform of...
Human API – Health Data Aggregation platform
Human API is a data aggregation platform that aggregates, stores and abstracts data from mobile devices, wearable sensors, and other internet enabled data sources. The servic...
Munich Re to reshuffle value chain, move closer to the customer
Munich Re, the German reinsurer is endeavoring to move closer to its customer. The plan is to leverage technology and digitize the existing value chain to sim...
Patra Corp Continues Strong Investment in InsurTech With New Product Launches and Corporate Acquisition
Patra corporation has launched a cloud-based repository and delivery system called CertVault which helps to secure and streamline the delivery insurance policies. It has also...
Sell policies online via Particeep plug based on API Rest
Particeep – one of France’s top InsurTechs according to Le Radar Assurtech 2018 of Olivier Wynam & policendirekt – enables banks, insurance companies, asset m...
T&D Life Group leverages Swiss digital health technology
In Japan, T&D Life Group is partnering with Dacadoo, a Swiss digital health platform company to develop digital life insurance solutions.
Dacadoo operates a compre...
ZhongAn Online Embarks Global Technology Empowerment Journey Expanding Insurance Boundary
In HK, Zhong An has announced the launch of a new core insurance system called Graphene which will enable insurance companies to synergize their their channels within a week,...
Zurich working with Apple on new broker app
In Q4 of this year, Zurich and Apple will jointly launch a broker app in the UK. The app has been integrated with Zurich systems to automatically supply useful information ab...
Open Insurance: What to scoop and what to drop from Open ...
21 hours ago ... Bancassurance and insurance optimization based on Open Banking transaction data are initial use cases where customer journeys will need to cross borders ...
Insurtech Arturo joins AWS partner network
20 hours ago ... Arturo, an artificial intelligence-powered (AI) platform that derives property insights and predictive analytics from aerial and satellite imagery, ...
HSBC launches new scenario risk tool on Google Cloud for ...
Bank plans to pilot tool for measuring climate change risk on trading book.
What does a technology-driven omnichannel experience mean...
This article looks at how customer demand is changing insurance, what omnichannel customer experiences are and how they can be achieved through intelligent automation and Blue P...
Sun Life Selects AWS as Its Long-Term Strategic Cloud Pro...
The Canadian insurer will use AWS technology to transform digital services, innovate for clients, develop employees, and become a more agile business in the cloud.
Sun Life Taps AWS as Its Long-Term Strategic Cloud Provid...
12 hours ago ... One of the world's most trusted insurance companies uses AWS technology to ... AWS instructors to offer peer-to-peer learning and hands-on training to build ...
ELEMENT and Parametrix launch cloud outage insurance in E...
Parametrix Insurance is a licensed MGA in the US and Germany.
Three signals for Canadian insurers to go big in the cloud
Accenture’s Paulo Salomao explores three key signals for Canadian insurers to go big in the cloud.
Tech Giants Are ‘Too Big to Fail’ Because The...
More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to
The Hartford Global Specialty Executes Total Cloud Migration
The acquisition of Navigator’s Group served as an opportunity to drive a new enterprise cloud operating model, while migrating over 100 applications, 16 services and six databas...
Case Study – Slice with AWS Professional Services
Case Study - Slice drives global growth with AWS Professional Services Rapid Open Innovation.
Elevating the case for cloud in insurance
While strategies may be nuanced depending on the insurer’s size, market positioning, or book of business, the need for cloud migration is universal.
Faster, cheaper, greener: Why cloud is right for APAC ins...
For APAC insurers, the cloud can be fast, cheap and green. As ESG factors become more important for them, green computing can provide an easy win.
The new standard in customer success
How can insurers transform the most intimidating and complex implementations into an unprecedented success? Setting the foundation for success today requires so much more than c...
Covid-19 recovery: Brokers who provide a specialist tech ...
As the rollout of the Covid-19 vaccine brings hope to millions, the drive for growth for Tech SMEs, will require a flexible, scalable and specialist approach. This content highl...
Cloud-enabled analytics transforming insurance: Drive bus...
Learn how insurers are leveraging AWS Partners Verisk, Montoux, and FINEOS to quickly and confidently harness data to drive business growth using cloud-enabled analytics running...
Benefits of a cloud community in insurance: Optimize your...
The cloud presents new opportunities for partners to create insurance services and solutions that work together seamlessly, improving customers’ experiences and increasing insur...
Spotlight: Technology – A digital future
This spotlight highlights the costs of grappling with outdated legacy systems and why it is vital for insurers to upgrade their legacy systems in an ever-changing insurance market.
Case study: Swiss insurance company Helvetia achieves 99....
The Helvetia Group expanded its Red Hat application environment to a new public cloud solution based on Red Hat Openshift Container Platform. Download this case study to find ou...
Spotlight: Embracing evergreen technology
Outdated legacy systems have haunted the insurance space for years, stifling innovation and increasing development costs. With pressures coming from new entrants and customers, ...
On Premise, Cloud & SaaS: Why the Difference Matters
By rethinking the ROI process, identifying the telltale signs of “fake SaaS”, and understanding the tradeoffs between customization and configuration, your organization can choo...
A digital future – embracing evergreen technology
This article highlights how vital it is for insurers to upgrade their legacy systems and why a thorough understanding of IT spend and the real cost of grappling with outdated le...
Apple files trademark for AppleCare+
Apple has filed a new trademark application for "AppleCare+" on May 14th.
2021 New York CIO Virtual Executive Summit
Join your peers to discuss the most critical issues impacting CIOs today: ...
Guardian Life Insurance ... and get ready to meet new friends in this casual
session designed to ...
Five strategic benefits of hybrid cloud infrastructure fo...
Today nearly every insurer uses the cloud in some way, though few are using cloud technology to its full potential. This content focuses on how insurers can realise the true pot...
Personal Cloud: Protecting the Entire Customer Relationship
The integration of a personal cloud into premium insurance bundles—whether a bundle is limited to mobile device protection plans or incorporates some combination of home and aut...
Post COVID, Every Insurer Needs Cloud Fluency
Lessons must be learned both for preparedness and efficiency gains, as well as for the changes to business processes and consumer preferences that may endure even when the immed...
4 Vertical Use Cases For Edge Computing Driven By IoT Growth
There are a few challenges to IoT data storage and consumption that many large
enterprises are running into. However, its rapid growth cannot be ignored, ...
It’s Not Just COVID Pushing Insurers to the Cloud
While the pandemic has forced the industry to embrace agility amid resource constraints and pressure to maximize revenues, it must not distract from the customer-focused forces ...
Google Cloud partners with Allianz and Munich Re for cybe...
Google Cloud partnered with global insurers Allianz and Munich Re to provide its customers with access to specialised cyber insurance coverage.
Google Cloud, Allianz and Munich Re team up for cyber ins...
The Risk Protection Program is designed to help customers reduce cloud security risk and potentially reduce costs through a specialized and enhanced cyber insurance product with...
Microsoft’s Five ‘Industry Clouds’: Wha...
... InsuranceCyber RiskCybersecurityEdge ComputingIndustry TrendsManaged
... Learning CenterDigital Services for Edge Learning CenterDisaster Recovery ...
The Great Cloud Migration
New ways of working driven by users during 2020 are accelerating the shift to the cloud and highlighting the eventual...
Seibels Appoints Kellie Reid Director of Policy Administr...
Columbia, SC – Seibels is pleased to announce the appointment of Kellie Reid to Director of Policy Administration and Compliance. In this leadership role, Ms. Reid will oversee ...
Digital Experiences Are Being Built On No-Code Platform B...
Insurers globally are on a quest to deliver exceptional digital customer experiences. But, when it comes to modernizing product development, they report lackadaisical progress. ...
What technologies should insurers bet on in 2021? –...
IoT is a technology that insurers already use in property insurance. In the next
steps, the industry should maximise the potential of IoT in health and life
insurance ...
WTW updates RiskAgility Financial Modeller software
Re/insurance broker Willis Towers Watson (WTW) has launched a new version of RiskAgility Financial Modeller, its financial modelling and reporting
Willis Towers Watson unveils updated modeler for life ins...
Willis Towers Watson has launched a new version of RiskAgility Financial Modeler, financial modeling and reporting software technology for life insurers.
Here’s how digital technology helps insurers hit sustaina...
Better management of digital technology assets can help insurers reach their sustainability goals, says Accenture’s Jean-François Gasc.
Nationwide Selects AWS as Its Preferred Cloud Provider
Through related services, Nationwide will be able to unlock data-driven insights, automate processes in the cloud, and deliver new digital services to customers.
SE2 acquires Convergent Financial Technologies
SE2’s acquisition of Convergent Financial Technologies will enable growth and expansion of UV Cloud®, an industry leading pricing and trading...
China Life transforms insurance at Chinese scale
Ruan Qi, head of technology, reveals how the world’s largest insurer by market value is becoming more agile.
Equinix adds SG5 data center
The infrastructure company adds capacity as Singaporean demand for cloud and digitization explodes.
Ebix and Data Glove Technologies Sign Strategic Outsourcing
Ebix, Inc., a leading international supplier of On-Demand software and E-
commerce services to the insurance, financial, healthcare.
Ebix and Data Glove Technologies Sign Strategic Outsourci...
Ebix, Inc., a leading international supplier of On-Demand software and E-
commerce services to the insurance, financial, healthcare and e-learning
industries ...
How financial services and insurance can use the cloud to...
How insurance can use the cloud to build agility
How do banks adopt cloud?
Robert Palatnick, DTCC’s tech leader, explains how financial institutions are implementing cloud processing.
Differentiated broking solution for tech, media and telec...
Willis Towers Watson has launched its tech, media and telecom differentiated broking solutions (TMT DBS) programme. It will serve clients in several industries, including electr...
The End of Enterprise Application Obsolescence?
Recent developments better support the continuous evolution of applications rather than the ‘boom and bust’ replacement life cycle that has dominated IT for the last 30 years.
Digital transformation and the digital insurance ecosyste...
Insurers have accelerated the pace to transform legacy systems to reduce costs, yield faster, more accurate insights from data and analytics, and operate IT with scale, resilien...
