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Is Price Optimization Really a Dirty Word?

September 30 2014 | Monique Hesseling

There seems to be a lot of misperception about what price optimization really is, largely driven by publicized assumptions that it will only serve the best interests of the company and hurt the consumer. Basically, price optimization boils down to applying analytics to available information in order to develop more...

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Made in China

September 22 2014 | Denise Garth

The dawn of a new industry and the Next-Gen Insurer is unfolding, influenced by levers of change from within and outside the industry, accelerated by an explosion of data and new technologies, and fueled by innovation.

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Big Data Takes Off in Insurance

September 10 2014 | Mark Breading

Big data is undoubtedly one of the hottest topics in business and technology today. Everywhere you turn there are discussions about the potential of big data and analytics to transform businesses and whole industries. SMA’s new research report, Big Data in Insurance: Insurer Priorities, Projects, and Investment Plans for 2014...

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Big Data in Insurance: Emerging Trends in Organization and Technology

September 10 2014 | Denise Garth

In today’s fast-paced, fast-changing digital business landscape, big data is increasingly placed at the forefront in this new digital world due to the explosion of data coming from a wide array of technologies, solutions, and mobile devices.

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The Shifting Competitive Landscape: A New Breed of Industry Challengers

September 02 2014 | Denise Garth

Historically, the insurance industry has assessed its competition by looking at those companies within the industry that directly compete and sell in the same market segments, offer similar products, use the same distribution channels, or have similar market size.

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To Digitize or To Digitalize - That is the Question

August 08 2014 | Denise Garth

Just like the opening lines of Hamlet's famous soliloquy in Shakespeare's play of the same name, "To be or not to be, that is the question," another question is being asked in that familiar way about the terms digitize vs. digitalize.

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Managing Policy Documents: Options and Approaches for Insurers

August 06 2014 | Mark Breading

Producing policy related documents is a foundational capability that every insurer must have. In the early days of automation, the policy administration system was really the only option for creating the policy declaration pages, endorsements, renewal letters, bills, and other customer documents.

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The Internet of Things: Creating a Connected World

July 31 2014 | Denise Garth

To put the disruptive, transformative, and innovative impact of the Internet of Things (IoT) into context, just consider these industry estimates indicating that by 2020, there will be 8 billion people on earth and 50 billion connected things with 5 million apps, representing nearly 6 things per person.

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