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Archive for the ‘Insurance’ Category

The announcement today (http://www-03.ibm.com/press/us/en/pressrelease/44431.wss ) of the use of IBM’s Watson platform by USAA demonstrates several of the current research themes at Celent. The move is an excellent case of innovation at the intersection of brand, risk management and technology. First and foremost, this is another example where USAA is delivering on its brand promise – to improve […]

Jul 23rd, 2014 | Filed under Innovation, Insurance

Apple has just announced two new “robust frameworks” for developers that are aimed squarely at two of the hottest sectors in the Internet of Things (IoT): HealthKit and HomeKit (http://www.apple.com/pr/library/2014/06/02Apple-Releases-iOS-8-SDK-With-Over-4-000-New-APIs.html). The IoT connects people and non-human things. HealthKit facilitates communication between fitness apps (think fitness bands) and health apps (think doc in a box). HomeKit […]

Jun 3rd, 2014 | Filed under Innovation, Insurance, Market Trends, Strategy

I was talking with a carrier recently who asked an interesting question. “So many of the modern core systems include highly configurable environments. Does it really make sense for the business to be making their own changes?”   We have seen a movement toward more involvement by the business in the configuration of software systems. […]

May 28th, 2014 | Filed under Insurance, IT

In the world of Commercial Insurance there exists the very curious role of Risk Manager. I mean curious in the sense that successful risk managers appear to have superpowers. They are charged with taking the actions necessary to avoid or reduce the consequence of risk across an entire enterprise. Their knowledge must extend deeply into […]

May 22nd, 2014 | Filed under Insurance

Jamie Macgregor, Senior Vice President of Insurance and Nicolas Michellod, Senior Insurance Analyst This event is free to attend for Celent clients, flex-plan clients, and the media. Non-clients can attend for a fee of US$250. If you are unsure of your client status, please contact Chris Williams at cwilliams@celent.com or at +44 208-870-7875. Please click here […]

May 21st, 2014 | Filed under Events
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Recently, I facilitated a roundtable discussion on “What digital really means for the industry”. Over the last couple of years, we’ve run many similar roundtables on the topic. Each time we run one, it never ceases to amaze me around the lack of a common definition for what digital really means, not just across the […]

May 20th, 2014 | Filed under Innovation, Insurance, IT, Strategy

They said it couldn’t be done, but we held the latest installment in Celent’s series of innovation roundtables in Tokyo recently. Our innovation roundtables put the focus squarely on interactive discussion among the participants. This is a relatively untried model in Japan, where events typically take the form of conventional conferences with presentations. We’re glad […]

May 15th, 2014 | Filed under Insurance

The benefits of modernizing core legacy systems are clear and compelling Gaining a competitive advantage—or achieving competitive parity Reducing operational and IT costs Making better underwriting and claims decisions Seizing analytic advantages when information and processes become completely digital However, modernizing core legacy systems is easier to think about than to do. Modernization projects are costly: […]

May 13th, 2014 | Filed under Insurance

Celent CEO, Craig Weber This event is free to attend and we expect you to walk away with a better view as to how you can get more from working with us. For more information, please contact Anna Griem at +1 603 582 6137 or agriem@celent.com. Please click here for more information.

May 12th, 2014 | Filed under Events
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I love games. And I bet you do too. The Pew institute says the 77% of all US households own at least one video game. When you add in card games, sports, and politics – there’s a lot of game playing happening. But we don’t usually think of games as being a legitimate activity to […]

May 12th, 2014 | Filed under Innovation, Insurance, Market Trends, Marketing