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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
Motorists Insurance Group Chooses Effisoft-s WebXL as Reinsurance Administration System
DALLAS, TX — (Marketwired) — 05/06/13 — The Motorists Insurance Group, Columbus, Ohio, has chosen Effisoft-s WebXL software for ceded reinsurance administration. Effisoft USA, Dallas, is the North American division of Effisoft, Europe-s leading vendor of .Motorists will gain a comprehensive solution that provides enhanced data access, improved controls and fully automated processing, according to Tom Brock, assistant vice president, corporate accounting, of Motorists."WebXL will give us
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
Origami Risk Ranked #1 RMIS Provider in 2013 RMIS Review
Firm Gains Top Score in Independent Survey
Effisoft USA, Reinsurance Software Vendor, Names Sebbag CEO and Head of North American Operations
DALLAS, TX — (Marketwired) — 04/08/13 — Effisoft USA, the new US subsidiary of Effisoft, Europe-s leading vendor, has appointed Joseph Sebbag CEO for the United States and Canada as part of its drive to dramatically expand its business in North America. Effisoft USA is based in Dallas.Sebbag was director of business development for Canada at MphasiS-Wyde, a provider of core insurance systems.Previously, he was assistant vice president, reinsurance, at SCOR, where he was an executive member
Effisoft, Europe-s Top Reinsurance Software Vendor, Founds North American Office to Reach US and Canadian Insurers
DALLAS, TX — (Marketwire) — 04/01/13 — Effisoft, Europe-s leading reinsurance software vendor, is making a major push for North American business by setting up its North American headquarters in Dallas and founding Based in Paris, the worldwide company has more than 300 clients in five continents and 15 countries, including the United States."The US is our top marketing priority for 2013," said Effisoft Managing Director Julien Victor. "Many US insurers are still using spread
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
Union Mutual of Vermont Implements ISCS-s SurePower Innovation(R) to Modernize Policy Administration and Core Business Processes
SAN JOSE, CA and MONTPELIER, VT — (Marketwire) — 12/13/12 — is pleased to announce that completed Phase I implementation of ISCS-s flagship product, SurePower Innovation®. The new system provides UMVT a flexible, fully web-based platform to deliver market-leading service to its policyholders and increased ease of doing business to independent agents.This Phase I implementation brings UMVT live with four major lines of business — homeowners, personal auto, personal umbrella and busines