IT in life insurance: North Americans look for rapid new product development

December 2004
MarketWatch: Financial Services;December2004, Vol. 3 Issue 12, p7
Market Research Report
Market Research Report
Reports on the survey conducted on the important drivers for policy administrations systems re-engineering and replacement in the life insurance sector. Indication that North America has a greater motivation for improving time taken for new products to reach the market; Implication of the survey for a need to respond quickly to rapidly changing markets and complex life products; Reflection of the influence of the European Union regulations being applied across the continent.


Related Articles

  • Business Process Reengineering: Improving in New Strategic Directions. Dixon, J. Robb; Arnold, Peter; Heineke, Jandlle; Kim, Jay S.; Mulligan, Paul // California Management Review;Summer94, Vol. 36 Issue 4, p93 

    Based on discussions with managers from fifteen different reengineering projects, and supplemented by published evidence from eight other projects, the article discusses what distinguishes reengineering from other performance improvement alternatives, what conditions induce organizations to...

  • An Optimization Approach to Analysis of Obstacles and Current Issues of IT Advancement in Business Process Reengineering. Lal, Bechoo; Chavan, Chandrahauns R. // International Journal of Computer Applications in Engineering Sc;2012, Vol. 2 Issue 2, p127 

    This paper addresses the approach and identifies the obstacles which does create a barrier during implementation of business process re-engineering for organizational development. Apart from that researchers also try to analyze and optimize the current issues of information technology and its...

  • 1994 Award.  // Management Services;Jan1994, Vol. 38 Issue 1, p43 

    In 1994 Trustees of the Institute of Management Services (IMS), Great Britain are inviting applicants to submit a proposal outlining their ideas and plans for an investigation into "Innovations in Manufacturing in Western Europe not excluding Scandinavia." This could refer to innovations in the...

  • Change: CUs' Constant Companion. Conhon, Mark // Credit Union Magazine;Apr2005, Vol. 71 Issue 4, p22 

    The article reports that every credit union at one time or another faces business imperatives driven by forces requiring some operational transformation. That's true regardless of field of membership, asset size, regulatory charter, or market. Change is a constant companion for credit unions....

  • IT in Insurance - Strategies for managing technology through the cycle.  // Asia Insurance Review;Jan2011, p37 

    The article discusses information technology (IT) strategies needed to support life insurers in the current economic environment and in future. In the second half of 2009, as the global financial crisis showed some sign of disappearing, life insurers began launching new products and looking to...

  • Why Transformation Is a Top Business Priority. McCafferty, Dennis // CIO Insight;7/27/2015, p2 

    The article presents a slideshow of a survey conducted by enterprise application services firm Headspring, which depicts how the majority of companies surveyed are undergoing or preparing for a major transformation to reduce costs, increase business agility, and improve customer relationships.

  • Improve Processes, Reengineer Them, or Both? Chang, Richard Y. // Training & Development;Mar94, Vol. 48 Issue 3, p54 

    Discusses the differences between quality improvement and process reengineering techniques. Senior-management involvement; Intensity of team-member involvement; Improvement goals; Implementation approach; Magnitude of organizational change; Breadth of focus; Use of benchmark data; Dependence on...

  • Business Process Change: A Study of Methodologies, Techniques, and Tools. Kettinger, William J.; Teng, James T.C.; Guha, Subashish // MIS Quarterly;Mar97, Vol. 21 Issue 1, p55 

    Growth in Business Process Reengineering (BPR) consulting services has led to a proliferation of methods for conducting BPR. Sifting through vendor promotional hype and identifying a set of techniques and tools that best meets a particular project's needs can be a daunting task. This article...

  • Completing the Loops. Denning, Peter J.; Medina-Mora, Raúl // Interfaces;May/Jun95, Vol. 25 Issue 3, p42 

    Total quality management (TQM) and business process reengineering (BPR) have emerged as important practices but not yet as a discipline. A methodology for mapping, measuring, tracking, and managing commitments in business processes is necessary to make a discipline from TQM and BPR. An...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics