An Insurance & Technology Editorial Perspectives Webcast

Live Webcast
Duration: 60 Minutes

If there’s a number one lesson insurers learned from recent financial market events, it’s that they must be prepared to embrace sudden and unexpected change. The ability to rapidly enter and exit new markets is critical to future growth and profitability. Yet companies often find themselves constrained by inflexible policy administration systems that hamper their ability to create new products, change business processes, or take advantage of new opportunities.

Rather than maintain the status quo during these challenging economic times, insurers are reexamining the way they do business and how they can align business processes to achieve the most value out of IT investments. Many are looking to modern, rules-driven policy administration systems as they chart a new course towards business agility and sustainable growth. Life and annuity insurers are focused on sustaining growth by getting products to market faster, while improving operations and effectively controlling costs.

Yet often these same companies find themselves constrained by inflexible legacy systems that hamper their ability to keep pace with rapidly shifting market conditions. To meet their growth and profitability goals, insurers need agile systems to rapidly introduce innovative products and support diverse sales channels.

During this one-hour webcast, our speakers will explore:

• Best practices for aligning business and IT objectives when making policy administration investments, including critical success factors and common pitfalls to avoid
• Ease of using modern, rules-based policy administration systems to create innovative and often complex products for specific market segments and accelerate product development cycles
• How to respond to market or regulatory changes by leveraging your policy administration system to reconfigure or “clone” existing products for true business agility
• Examples of how insurers are achieving dramatic improvements in speed-to-market and competitive advantage to sustain and fuel growth, while reducing overall total cost of ownership

Featured Speakers:
-        Anthony O’Donnell,  Executive Editor, Insurance & Technology
-        Chad Hersh,  Principal, Novarica
-        John Barr,  VP, Insurance Package Practice, Capgemini
-        Roger Soppe,  Director, Global Insurance Strategy, Oracle

Register Online