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Viewing entries written by Karen Furtado

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The "Smart" Experience: Making a Home Smart Holds Valuable Lessons for Insurers

March 15 2017 | Karen Furtado

During this past year, I built a home in the White Mountains of NH and determined early on that it would be a “Smart Home.” Now, I should tell you that my profession involves speaking about InsurTech trends often, so you would think that this would not be a difficult...

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The Clock Is Ticking ... and Stops for No One

February 15 2017 | Karen Furtado

If you feel like insurance is changing faster every day, you’re not alone. According to our most recent research, published in 2017 Insurance Technology Priorities and Spending, 37% of insurers reported that the pace of change is keeping them up at night.

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2016: Core Systems’ Year of Capital Investments

December 19 2016 | Karen Furtado

The significant capital investments at work in the InsurTech world have also been active in the core systems space, including both new private equity and venture capital funding sources. Within the last week, two separate announcements in the core systems industry illustrate a trend we have seen throughout 2016: companies...

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Next-Gen Strategies: Bridges That Withstand the Test of Time

November 09 2016 | Karen Furtado

The strategic bridges that insurers need to build to get them from today to tomorrow was a major theme of the 2016 SMA Annual Summit in September. For inspiration, we discussed real-life bridges that had stood the test of time and those that had not been successful.

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The 2016 SMA Innovation in Action Awards: How Can Solution Providers Contribute to the Success of the Next-Gen Insurer?

October 06 2016 | Karen Furtado

SMA has announced the winners of the 2016 SMA Innovation in Action Awards for Solution Providers. The awards were presented to four solution providers for offering innovative solutions or services that enable insurers to make real progress in their transformation journeys toward becoming Next-Gen Insurers.

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The 2016 SMA Innovation in Action Awards: What Does a Next-Gen Insurer Look Like?

September 27 2016 | Karen Furtado

SMA has announced the winners of the 2016 SMA Innovation in Action Awards for Insurers, recognizing four insurers whose ground-breaking projects and initiatives enable them to advance on their transformation journeys toward becoming Next-Gen Insurers.

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In Claims, All Roads Lead to Innovation

August 04 2016 | Karen Furtado

Claims is making great progress on the innovation journey. Over the past few years, claims organizations have been adopting a more innovative culture that furthers their progress in the areas of efficiency, effectiveness, and customer experience.

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Cloud/Hosted Core Systems Reach a Tipping Point in 2015

July 08 2016 | Karen Furtado

Core in the cloud is a hot topic that has garnered a lot of interest and an equal amount of debate as insurers confront the challenges that the digital world brings to our industry, and certainly, insurers’ use of cloud has increased.

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The SMA Innovation in Action Awards: Honoring Next-Gen Insurers

June 21 2016 | Karen Furtado

As the June 30th deadline approaches for the 2016 SMA Innovation in Action Award submissions, let’s take a look back at our insurer winners from 2015: Haven Life Insurance Agency, John Hancock, and USAA. Their innovative projects and initiatives have demonstrated how they are rethinking and reinventing the business of...

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Insurity and Tropics: The Acquisition Trend Continues

June 16 2016 | Karen Furtado

Big news hit the wire this week with Insurity acquiring Tropics Software Technologies. This acquisition builds on the expansion of Insurity’s offerings that followed the acquisition of Oceanwide last year. This transaction is one more example of how M&A activity is changing the insurance core system landscape.

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