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Posts Tagged ‘IT’

Most of the discussions around the potential of Latin America are related to how insurers can take advantage of a relative immature market, with a growing young population and increasing wealth and investment. The other side of the coin is how vendors can take advantage of a more attractive market as insurers interests grow in […]

Jun 4th, 2013 | Filed under Emerging Markets, Insurance, IT, Vendors

On January 17 I&T posted a story about an exchange that took place at the Property/Casualty Joint Industry Forum between State Farm’s CEO, Edward Rust Jr., and an industry analyst, Brian Sullivan. Mr. Sullivan said, “It’s impossible for anyone to look at the data and say there won’t be fewer accidents than before. The technology […]

Jan 18th, 2013 | Filed under Insurance

Insurance companies have always been risk averse to quickly adopting new technologies. It is not uncommon for technologies to be mature in other industries and still be low on the adoption scale within insurers. However, as the rate of change has rapidly accelerated over the last decade, carriers are in the uncomfortable position of having […]

Dec 19th, 2011 | Filed under Insurance, IT, Market Trends, Strategy

Celent’s message of “healthy discomfort” as a driver of positive change seemed to resonate with attendees, both carriers and their vendors. It came into virtually every conversation in some way.

Nov 8th, 2011 | Filed under Insurance

Unlike the good old days, just because you save the company some money, don’t expect that it will become your division’s slush fund.

Feb 3rd, 2009 | Filed under Insurance, IT, Strategy