Virtual Viewpoint

Which technologies do you feel ultimately save an insurer the most money? (Part 2)

As we noted last week, the goal stated most often by carriers for implementing a new system is either to make money or save money. The response to our question this week from an industry analyst addresses a single technology that offers both benefits. Check out this two-fer, and again, please share with us your feedback!

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Industry News

• NFIP Will Cover Hurricane-driven Oil Damage, FEMA Confirms
• Insurers Seek Over $1B From AIG on WC Premium Dispute
• Liability Cap Hike Could Drive Drillers Out of U.S. Waters
• Tax on Foreign Reinsurers Would Give Advantage to U.S. Insurers

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Tech PR Ticker

• Travelers Survey Finds Small Firms Lack Disaster Planning
• Hyland, Duck Creek Form Partnership
• ASD Launches BI Solution for Insurance
• DRC Introduces Smartphone Apps for Insurance Customers

Solution Partners

Predictive Analytics Helping Insurers Weather Tough Economic Times

The business landscape for insurance companies continues to change with pressures from the volatile economic conditions. While the business questions have remained the same, they are no longer as easy to answer as in the past. How do we maintain market share, grow our business, keep costs down and generate a profit? How do we best position the organization to take advantage of a harder market when economic conditions improve?

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