Viewing entries written by Karen Furtado
Core Systems are Foundational to Digital Enablement
During 2020, there was much uncertainty in the industry on how we would move forward on the mission-critical decisions that needed to be made around core systems. There were endless discussions on how COVID-19 would impact insurers’ ability to make core buying decisions.
Myth or Reality? Core Systems Take a Backseat to Digital Projects
I know many of you have been in insurance for quite some time. And it might really sound like an amazing statement to say: “Core systems will take a back seat to digital projects.” The other blogs in our “Myth or Reality” series have provided a lot of context and...
Payments at the Speed of Light
What is the saying old saying? Moving faster than the speed of light? This would be the desired state for many policyholders and claimants, but it is not the current state of inbound and outbound payments processed in insurance today.
Digital Outbound Payments: Reaching the Peak of the Summer Heat Index!
The hot temperatures of summer are kicking in around the US, and we can see that it is not just the outside temperatures that are escalating. As we take the temperature of digital transformation in the market, there is one area that is quickly rising from “warm” to “red hot.”...
Core System Buying Patterns: Meeting the Digital Needs of Today and Tomorrow
The core system of tomorrow needs to be the backbone that will support the digital enterprise of the future.
The Moment of Truth: Cloud Computing Delivers Needed Services to our Distributed Workforce
Through the countless discussions that have occurred this past two weeks with many insurers, there have been many successful strategies that have shone through as insurers have been executing their business continuity plans. And there have been certain challenges on the other side.
Core Systems Buying Game: Are We in the Late Innings of Yesterday’s Game or in a Brand New Digital Game?
Of all the software sold within the insurance industry, core systems continue to be the dominant purchase for hundreds of insurers. And just when you think it might slow down – that every last insurer has bought the system that they will need to support their business – we see...
Perspectives From a Smart Home Owner: How Insurers Can Help
There are so many great advances in the area of smart homes and buildings, it makes me wonder what the actual impact has been, or what I might have had to deal with, without all the smart features.
How Amazon and Netflix Solved the Digital Challenges That Insurers Face Today
What insurers face now, digital giants like Amazon and Netflix faced when they moved to operate exclusively in the digital marketplace … transactions increasingly shifting to digital ... operations impacted by an unprecedented wave of automation.
Paper Checks – Here Today, Gone Tomorrow?
Insurers are becoming more digitally-based, data-driven organizations that are investing in the customer experience to address the new expectations of today’s consumer. But at the same time, there are always some old habits that die hard – habits that need to change but somehow remain the same.
