Archive for October, 2011

As if financial institutions don’t already have enough to do to keep up with developments in social media! They must clearly outline company policy to employees concerning what should and should not be posted, inform agents of the regulatory do’s and don’ts, and continually scan the internet to respond to comments about their brand. Now, […]

Oct 29th, 2011 | Filed under Insurance

Let me tell you this: I love Latin America! Latin America is often viewed as a travel destination, with good reason. Just consider its amazing beauty, from Antarctica to Mexican Los Cabos. Its history, from the time of the Mayas, Incas, and natives to modern days. It has many locations that provide unique views of […]

Oct 26th, 2011 | Filed under Emerging Markets, Insurance, Market Trends

We are now in the final stages of our report on the opportunities and challenges facing the Life & Pensions industry resulting from the UK’s Retail Distribution Review (RDR – see my June blog entry ) and will publish shortly. In total, we have conducted 22 interviews from across both the industry and technology partners […]

Oct 26th, 2011 | Filed under Insurance, Market Trends, Regulation, Strategy

Celent senior analysts, Insurance Group Admission to the event is free for Celent clients and the media, but space is limited and pre-registration by Thursday, January 19 is required. Non-clients can attend for a fee of USD $495. Please click here for more information.

Oct 20th, 2011 | Filed under Events

In preparation for the Creative Disruption event in Boston on November 3rd, Celent surveyed insurers to gather their views on using creative disruption to bring sustained, fundamental change to their organizations. By creative disruption, we mean implementing the initiatives that are required to fundamentally alter how insurance products are developed, implemented, and serviced. With over […]

Oct 18th, 2011 | Filed under Insurance

Innovation: The term innovation derives from the Latin word innovatus, which is the noun form of innovare “to renew or change” . Innovation generally refers to the creation of better or more effective products, processes, technologies, or ideas that are accepted by markets and society. Innovation differs from invention or renovation because innovation generally signifies […]

Oct 13th, 2011 | Filed under Insurance

Celent Analysts Craig Beattie and Mike Fitzgerald This event is free to attend for Celent clients, flex-plan clients, and the media. Non-clients can attend for a fee of US$195. If you are unsure of your client status, please contact Chuck Smith at +1.617.262.3125 or Please click here for more information.

Oct 11th, 2011 | Filed under Events

Catherine Stagg-Macey, Senior Vice President for European Insurance and Jamie Macgregor, Senior Analyst, Insurance Group This event is FREE for all attendees. Please click here for more information.

Oct 11th, 2011 | Filed under Events

Celent and Asia Insurance Review are proud to announce the Inaugural Asia Insurance Technology Awards. The awards will recognize excellence and innovation in the use of technology within the insurance industry. Nominations are currently being accepted. To nominate an individual or firm, simply fill out the entry form ( and e-mail the completed form to […]

Oct 10th, 2011 | Filed under Insurance

Getting back to December 2008, I wrote a blog post mentioning that Solvency II was under threat and that we could expect some more delays of its effective implementation. Last week the FSA in the UK announced that it is likely that the effective date of the new regulation implementation will have to be delayed […]

Oct 10th, 2011 | Filed under Insurance, Regulation