Parks Associates: 38% of U.S. Broadband Households Very Likely to Buy Smart Home Device in 2016
Research Firm Examines New Players, Role of Insurance Industry, Market Trends, and New Partnership and Business Models in IoT
Cytegic Launches Automated Product for Cyber Insurance Industry
Cytegic CyMA Solution Provides Underwriters With Ability to Accurately Assess the Maturity of Potential Clients
arvato Systems publishes opinion paper on the subject of ‘Digitalization in the Insurance Industry’
Opportunities for customer-orientated business models
• arvato Systems demonstrates the necessity of implementing customer-orientated business models and highlights new opportunities in this area
• Changes in customer behavior force the insurance industry to respond to new challenges
X by 2-s Petersmark Tells How Insurers Can Create IT Plans That Deliver Value in IASA-s Interpreter
FARMINGTON HILLS, MI — (Marketwired) — 05/23/13 — The most elegantly articulated information technology strategy isn-t worth the paper it-s printed on if it isn-t implemented, Frank Petersmark, CIO advocate at X by 2, writes in the Interpreter magazine, published by .The article, "Creating an Actionable IT Plan That Delivers Value," gives practical tips on how to do just that."Articulate the aspirational and the long term, but focus on what-s actionable and achievable in the
Farm Bureau Insurance of Michigan and X by 2 Team Up to Overcome Legacy Limitations, Give Customers Online Self-Service, Unify Data
PHILADELPHIA, PA — (Marketwired) — 05/15/13 — Farm Bureau Insurance of Michigan wanted to offer its customers more self-service online while preserving the agent-s role as a trusted advisor. But its legacy systems presented big barriers, according to Cheri Barnhart, business solutions strategist at Farm Bureau, and Samir Ahmed, software architect at technology consultancy .Speaking at the Insurance Data Management Association-s annual meeting in Philadelphia, Barnhart and Ahmed detailed how
Insurance IT Transformations: Do the Opposite of Conventional Wisdom to Succeed, X by 2-s Sundaram Tells Michigan IASA
DETROIT, MI — (Marketwired) — 05/01/13 — To succeed with insurance IT transformation initiatives, do the opposite of the conventional wisdom, Ram Sundaram, principal of X by 2, an consultancy, told the Michigan Chapter of the Insurance Accounting & Systems Association (IASA).He laid out five conventional rules and why insurers must do the opposite.Conventional rule #1: "We need an army because it-s a big project."The opposite: "Less is more." The "overwhelming f
South Carolina Farm Bureau Modernizes Mainframe Applications With Micro Focus
Insurance Provider Delivers Efficiencies in Developing, Testing and Operating Mainframe Applications While Saving $620,000 Annually
Top Business Technology Challenges for Insurers in 2013 Named by X by 2
FARMINGTON HILLS, MI — (Marketwire) — 01/07/13 — What will be the top IT challenges and trends for the property/casualty, health, and life insurers in 2012? , a consulting firm specializing in the insurance industry, offers these five.1. : The technological, functional, and operational drivers are already in place, and the key for 2013 will be the insurance industry-s ability to put these drivers together the right way. That means using familiar and unfamiliar data resources in different wa
Insurers Succeed in IT by Doing Opposite of What-s Been Proven Ineffective, X by 2-s Petersmark Writes in Best-s Review
FARMINGTON HILLS, MI — (Marketwire) — 04/27/12 — Insurers can put big IT transformation projects on the road to success by doing the opposite of what-s been proven ineffective Frank Petersmark writes in the April issue of Best-s Review.Petersmark, CIO advocate at , a consulting firm specializing in enterprise and application architecture for insurers, lays out five contrarian principles in his article "Cyberhouse Rules:"1. Less Is More. Keep your team lean. Get the IT equivalent of
Top IT Challenges for Insurers in 2012 Named by X by 2
FARMINGTON HILLS, MI — (Marketwire) — 01/06/12 — What will be the top IT challenges and trends for the property and casualty, health, and life insurance industries in 2012? , a consulting firm specializing in enterprise and application architecture for insurers, has named nine, not ten, because the industry has enough to handle already."We-ve chosen the issues based on what we believe will have the widest impact on core business and technology initiatives in 2012 because enterprise arc