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OWIT Global Blog

3 Examples of How Microservices Can Extend the Investment in Your Modern PAS

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.

3 Long-Term Cost Benefits of Microservices

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.

How Amazon and Netflix Solved the Digital Challenges That Insurers Face Today

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..

What Are Microservices?

There has been a lot of talk about microservices over the past few years. But what are microservices and why are they essential for the insurance industry?

The Benefits of Collaborating as a Team

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.

InsurTech and Microservices - The Perfect Recipe for Accident & Health Insurance

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.

Tide Of Change for the London Market

In the expansive sea of Delegated Authority and Bordereaux Management, major market changes are imminent in the London Market. While the insurance industry as a whole is known as slow to adopt change, historically the London Market has been.

A Change Management Culture – It’s a Corporate Thing

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.

Employing a Common-Sense Approach to Program Management

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.

How to Overcome Bordereaux Reporting Challenges

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.

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