Viewing entries written by Karen Furtado
High Priority on Core among L&A Insurers
Our recent research investigating plans and priorities among life and annuity insurers provided some interesting perspectives. It’s not surprising that core is important, but what is remarkable is the level of progress that is being made in transforming from legacy to modern policy administration systems. While 40% say they are...
Core = More - SMA Prediction for 2014
Without a doubt, I see 2014 as the year when there is real evidence that investments in core are delivering more. There is no debate about the fact that modern policy, billing, and claims systems provide the foundation that is needed to optimize and innovate.
Innovation Strengthens Sales at Western & Southern Financial Group
Western & Southern Financial Group was recognized at the 2013 SMA Summit as a winner of an SMA Innovation in Action Award. Using next-generation technologies, a web-based, mobile-friendly needs analysis and fact-finding tool, named Financial Focus 2, was created.
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.
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.
Speed to Market is Key to Competitive Advantage
SMA is constantly hearing from insurance executives that improving “time to market” is a pressing priority. Because product development and configuration capabilities are so critical for competitive positioning and profitability, SMA has conducted a first-of-a-kind examination of what the actual timing is today and what insurers are doing to improve...
