Almost a year ago we looked back on 2008 and remarked on three things: the financial state of the insurance industry, the corresponding software market, and the "arrival" in our market of giant software vendors.
A recent Novarica study found that improvements in claim handling was the second-most frequently cited initiative amongst P&C carriers looking to create competitive advantage.
Insurance carriers, particularly property/casualty companies, continue to invest vast amounts of money in the acquisition of new core insurance application systems and the subsequent replacement of aged and brittle legacy assets.
Most of the articles in the "Shop Talk" series are concerned with various aspects of acquiring and implementing third-party vendor software. In other words, these articles assume the build/buy decisio
Last year was an extraordinary time of stunning financial meltdown and the advent of political change. While the beginning of 2008 appeared rather positive and upbeat, by the end of the year we learne
As stated repeatedly in this column, one of the most important things a carrier can do in a software/vendor selection process is to create opportunities for the competitors to perform. Simply asking q
Being as how "Shop Talk" is about buying rather than building software, I thought it was time we talked about . . . buying software. There are a few simple but important questions that need to be cons
I recently spent time with a client that is in the final stages of selecting a claims administration system. The client needed to answer four questions posed by the company's executive management: Who