The Movement to Modernize is Gaining Momentum
The age old conversation about legacy modernization is at last being translated into action. Insurers of all sizes are pushing forward and strategically planning for this change. While it is a tremendous undertaking as the effort extends well beyond just the core system technology, insurers are becoming clearer in their...
Motivating and Energizing Innovation at Great American Insurance Group
Great American Insurance Group (GAIG), in recognition of their highly successful “i-Lab” innovation concept, was the recipient of an SMA Innovation in Action Award at the recent 2013 SMA Summit: INNOVATE for ADVANTAGE in Boston.
An Innovative Shift from Reactive to Proactive at Amica Mutual Insurance Company
Looking for ways to make your organization more proactive? Amica Mutual Insurance Company provides a great example of innovation and transformation in claims. Amica was recently awarded a prestigious SMA Innovation in Action Award at the 2013 SMA Summit: INNOVATE for ADVANTAGE in Boston.
SMA Innovation in Action Award Winners Announced
Each year SMA recognizes several insurers and solution providers with the prestigious SMA Innovation in Action Awards for demonstrating real progress in deploying next-generation technology for advantage. Winners were recently announced at the 2013 SMA Summit: INNOVATE for ADVANTAGE in Boston.
Differentiate: Look to Other Industries to Gain Advantage
Aside from gaining market edge among insurance competitors, look to outside industries to gain best practices for advantage within. At our recent SMA Summit: Innovate for Advantage, I facilitated a panel discussion on Customer Experience with Hugh Anderson, Senior Industry Principal, SAP Financial Services/Insurance; Brian Piccolo, Director, Digital Strategic Services...
Transform: Use New Technology Differently
Big Data & Analytics are here, and the possibilities for using the data in new ways are changing daily. Even so, this new technology will soon be commonplace. The challenge insurers now face is to begin to look at ways to use the data differently, whether it be to improve...
Energize: Formalize Ideation within your Organization
In order to get the necessary energy behind an idea, invention, or change it needs to be well structured. Industry experts from insurance companies where innovation has helped to make significant impacts in their own organizations recently spoke at our SMA Summit: Innovate for Advantage.
Today’s Options, Tomorrow's Requirements
During our 2013 SMA Summit at the Mandarin Oriental in Boston, MA on September 16, an executive stated, “What is innovative today will be expected tomorrow.” That’s a powerful insight. It really goes hand-in-hand with SMA’s three keys to embracing innovation for advantage: ENERGIZE, TRANSFORM, and DIFFERENTIATE.
Stage Set for Spectacular Summit
Final preparations are underway for the 2013 SMA Summit and we couldn’t be more excited. Fabulous setting, terrific agenda, lots of new research insights, a packed house, and more! Innovation is indeed a powerful force in our industry.
It’s a really great time to be in our industry…
In everything thing we do at SMA, our hope is that at the end of the day we have made a difference and an impact in some way. Our goals are to inform, give a clear picture of the challenges and the opportunities across the business and with technology investments.
