Modern policy administration systems (PAS) provide insurers with multiple benefits. They are also an expensive investment in time, resources and money.
So, what are your options to address additional functionality after making such as substantial.
Much has changed over the past 20 years or so. Insurers are transitioning from monolithic mainframe-based applications to distributed computing platforms. Additionally, today’s SaaS-based core application suites are available from a multitude of.
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..
In business, we inevitably are often part of a team, and how the OWIT Global team members interact, share, and consider ideas beyond their own will determine how effective the team is, and how well our entire organization comes together to.
Emerging technologies represent an opportunity when designing accident and health insurance products, processes, and platforms. Newer technologies like blockchain, heightened consumer expectations for anytime anywhere services, and the impact of.
Whether a new company like OWIT Global or an established firm, a company’s success and growth require fostering an effective change management culture and establishing a corporate wide ability to adapt as needed to both external and internal.
If you’ve been in this business for any amount of time, you’ve probably experienced a variety of program management styles. If you’re like me, you retain the best of what you’ve experienced to weave into your own program management methodology.
Since the 1880’s when Lloyds of London wrote its first reinsurance policy, the use of bordereaux reports has been to report policy, cash and eventually claim transactions from the agents/brokers conducting business “on behalf of” the.