Life Insurance Policy Administration Systems That Make a Difference

September 28th, 2016

As an insurance carrier, you need to look at how technology can be implemented to better manage your overall business. Service oriented architecture, referred to as SOA, provides an array of benefits, including a better return on investment, better service assembly, as well as scalability so that you can grow your insurance company at the […]

Technology Trends in Life Insurance

September 22nd, 2016

Life insurance, like most other industries, is trying to adapt to the age of big data. Technology is now part of how business is conducted, so keeping up with technological trends is necessary to maintain a large number of clients. Customers expect certain accommodations, employees deserve updated tools, and your business should be allowed to […]

How Much Do You Really Know About Microservices?

September 15th, 2016

We would all like to think of ourselves as experts in something but when it comes to microservices, how much do you really know? We put together a few FAQs about this topic and we think the answer might surprise you. What are microservices? Microservices are part of an architectural style of creating large software […]

Big Data for Life Insurance: How it’s Bringing Better Relationships with Clients

September 8th, 2016

The life insurance industry has become a little slower to adapt to using big data over the last few years. Yet, big data for life insurance has expectations to change the industry forever once they start adopting the right platforms. They can take the lead from another insurance industry that managed to get into big […]

Are You Missing Out on Big Data for Increasing Life Insurance and Annuity Sales?

September 1st, 2016

Life Insurance companies have always used key data to calculate risk and return, but there is new technology that can make a big difference. Utilizing Big Data for Life Insurance and Annuities can discover big opportunities for sales, marketing and underwriting life insurance products. It can be a potential gold mine for this industry, which has shown […]

Life Insurance Policy Administration Systems

August 24th, 2016

The evolution of shopping from direct to digital methods has impacted profoundly on product and service marketing. Digital shopping, which is characterized by online purchasing has influenced product consumption for both goods and service providers. A purchase mode that has substantially taken over is subscription buying, where consumers place a one-time order, and they get […]

Economic Trends and Life Insurance: Building Applications for Every Economy

August 19th, 2016

Have you ever considered what our country would do in the face of another recession? It hasn’t even been ten years since the housing market collapsed, and some economists are now predicting another recession on the horizon. Just when we thought that economic growth would usher in a new era of prosperity for a weary […]

How is Big Data Impacting the Sale and Management of Life Insurance and Annuities?

August 10th, 2016

Leveraging Big Data For Life Insurance And Annuities Big Data is the volume of data that flows from sensors and other inputs that IT systems attempt to analyze in real-time to extract any useful business intelligence. Life insurance and annuities companies can benefit from the power of Big Data as much as any others. Big […]

Policy Administration Systems and the Architecture of Life Insurance

August 3rd, 2016

In the life insurance and annuities business, an automated policy administration system can give life to the structure of life insurance, even if the applications on top of a legacy IT system are decades old. In an industry that is as specialized as life insurance and annuities, companies often depend on a patchwork of software from […]

The Future of Insurance Company Data Infrastructure: Microservices

July 28th, 2016

We’re often surprised to discover that there are insurance companies that haven’t yet transitioned to a new IT infrastructure including real-time data and strategic decision-making. These are all types of insurance companies, not just small ones, that are doggedly tied to legacy systems and run by leaders who are afraid of change. On the other […]