Building the Cutting-Edge Insurance Product Development Pipeline

February 2011
Best's Review;Feb2011, Vol. 111 Issue 10, p60
Trade Publication
An interview with several insurers including Al Lurty, Matt Josefowicz, and David Shaw is presented. Lurty believes that the new product development is the lifeblood of a life insurance organization because it helps attract producers. Josefowicz on the other hand notes that supporting the roll out of new products and product modification are 2 business priorities that drives information technology (IT) strategy. Shaw also adds that new products are essential in increasing a company's revenue.


Related Articles

  • 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...

  • IT in life insurance: North Americans look for rapid new product development.  // MarketWatch: Financial Services;December2004, Vol. 3 Issue 12, p7 

    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...

  • on the circuit. Wisehart, Cynthia // Sound & Video Contractor;Jul2014, Vol. 32 Issue 7, p8 

    In this article, the author shares his experiences from InfoComm show, summit from leading trade associations across the globe, and reveals several technical collaborations at the product development level and market growth of information technology market.

  • Cooperative development puts IT products on the fast track. Comello, Vic // R&D Magazine;Sep98, Vol. 40 Issue 10, p26UK 

    Reports that a British information technology (IT) product development technique called, the Dynamic Systems Development Method (DSDM), has been able to standardize the rapid application development (RAD) process that many companies have used in-house for years. Outline of the DSDM; How the...

  • Virtual vs. physical prototypes. Wiebush, Bruce // Design News;11/19/2001, Vol. 57 Issue 22, p12 

    Reports on the benefits of virtual prototypes created online as compared with physical prototypes.

  • Meuife won't move into IFA protection sector. Holt, Natalie // Money Marketing;11/18/2010, p7 

    The article reports on the plan of Metropolitan Life Insurance Co. to launch a range of products for 2011 and increase its salesforce in Great Britain.

  • Standard Life saves £6m with SOA. Hadfield, Will // Computer Weekly;5/9/2006, p6 

    The article reports that Standard Life Assurance Co. has saved £5m by developing new products on a life and pensions platform wholly built using a service oriented architecture (SOA). The insurance company is due to go live with 11 products on the platform this week, and it plans to build all...

  • In time with the network.  // Management Services;Apr2001, Vol. 45 Issue 4, p29 

    Features the NTPSync XL system of the Xyfer company, which was designed to give information technology managers and system integrators a complete solution for network-wide time synchronization.

  • Simplicity is great--when it leads to somewhere. Lundquist, Eric // PC Week;03/20/2000, Vol. 17 Issue 12, p114 

    Discusses the need for information technology developers to offer simple products that also have the flexibility to accommodate innovation. Linux and open-source community's need for simple solutions; Instances where simplicity offered in a simple Web appliance is a roadblock; Bigger issue of...


Read the Article


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

Try another library?
Sign out of this library

Other Topics