casualty insurance

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Combating Insurance Claims Fraud: How to Recognize and Reduce Opportunistic and Organized Claims Fraud

An exaggerated accounting of losses ?an inflated value for stolen property? a body shop estimate that happens to include pre-existing damage ? medical charges for nonexistent conditions? it's all small potatoes, a victimless crime, fair compensation for spiraling premiums and deductibles, right? These attitudes cost the industry billions of dollars...

Tags: Casualty Insurance, Fraud, Litigation, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

White papers 2008-11-01

TEKsystems Case Study: A Leading Property and Casualty Insurance Provider

Headquartered in the Midwest, the client is an insurer who has over 25,000 employees and is served by more than 10,000 agents nationally. With an extremely critical and highly visible project already in progress, this large insurer had an urgent need for a very high-level data-warehousing specialist experienced with Microstrategies...

Tags: Insurance Company, TEKsystems, Casualty Insurance, Insurance, Enterprise Software, Business Operations, Corporate Insurance, Software

Case studies

Affordable CRM for the Property & Casualty Insurance Company

With current economic conditions, corporate management is trying to figure out ways to do more with less. One of the areas that is being visited is Customer Relationship Management, which provides a way to decrease the cost of doing business, increase revenues, and provide outstanding customer service. In many cases,...

Tags: Casualty Insurance, CRM, Harvest Solutions, Document Management, Customer Relationship Management (CRM), Content Management, Advertising & Promotion, Managerial Accounting, Enterprise Software, Groupware, Software, Finance, Marketing

White papers

Real-Time Insurance Business

Providing property and casualty insurance protection for homes, autos, farms and businesses, Minnesota-based North Star Mutual Insurance has been in business since 1920. The company wanted to provide independent agents with new Web-based services to cut turnaround time on quotes and improve service. North Star Mutual deployed a Unisys ClearPath...

Tags: Unisys Corp., Casualty Insurance, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

Case studies

Additional Resources

Firm Cuts Insurers' Modeling Time Nearly 95 Percent With High-Performance Solutions

IHA Consultants, a small IT consultancy, helps healthcare and property/casualty insurers by providing Web-based stochastic solutions for advanced actuarial modeling. The company's Stochastic Actuarial Reserve and Trend Model solutions use Microsoft High-Performance Computing HPC technologies to develop financial reporting and forecasting models that are not possible using nonstochastic methods. With...

Tags: Solution, Actuary, Insurance Company, High-performance, Microsoft Corp., Modeling, Research & Development, Insurance, Business Operations, Corporate Insurance

Case studies 2008-11-18

Test Automation Using IBM Rational for an Insurance Solution Provider

The company is a leading provider of specialized software, services and information for the property and casualty insurance industry. The company's solutions facilitate independent agent productivity and carrier/agent connectivity. The company required automation for their flagship product; an insurance CRM system for mid-to-large sized agencies built using Microsoft .NET tools....

Tags: Agent, Test Automation, IBM Corp., AppLabs, Insurance, Real Estate, Financial Planning, Enterprise Software, Business Operations, Corporate Insurance, Finance, Software

Case studies 2007-10-01

Regional Insurance Company Decreases Risk, Improves Service With Mobile Technology

Based in Mississippi, Southern Farm Bureau Casualty Insurance Company SFBCIC delivers insurance coverage to customers in the southern United States. The company wanted to improve service and minimize risk in the hurricane-prone region, but it was hindered by inefficient data processing. To improve how it handled data, SFBCIC implemented a...

Tags: Microsoft Windows Mobile, Mobile, Microsoft Corp., Insurance, Financial Planning, Microsoft Windows, Advertising & Promotion, Operating Systems, Business Operations, Corporate Insurance, Finance, Software, Marketing

Case studies 2007-10-01

Borland Software Case Study: AQS, Inc.

AQS provides leading policy administration solutions for commercial property and casualty insurance carriers. With growing demands for additions to its AQS/advantage suite of products, AQS needed a more effective solution to handle its software change and configuration management requirements. It needed a solution that would help the development organization to...

Tags: Borland Software Corp., AQS Inc., Insurance, Business Operations, Corporate Insurance

Case studies 2007-06-28

Cincinnati Insurance Company Reduces Claims Processing Costs With EMC Captiva's eInput

The Cincinnati Insurance Company wanted to improve the efficiency and lower the cost of moving the documentation into claim files. The company wanted to create a web-based interface that would allow field claims representatives to export pictures and digital voice recordings to an electronic claim file as supporting documentation for...

Tags: Cincinnati, Insurance, EMC Corp., Storage, Hardware

Case studies 2006-05-03

Ten examples of SOA at work, right now

1 To manage a world of data: An SOA-focused deployment is helping the National Aeronautics and Space Administration to streamline access to its mounds of data, as well as link users of the data to the services they need to process the data.2 To manage workflows: A BPEL-based workflow system...

Tags: SOA

Blog posts 2006-01-03

Fireman's Fund sees strategic differentiation in SOA

Fireman's Fund is one of several leading adopters of Service Oriented Architecture SOA in the insurance industry. The company, which generates $4.3 Billion in premium revenue, is relying on SOA to consolidate 70% of its technology applications. By more effectively aligning business with IT and strengthening its relationship with agents,...

Tags: Fireman, Fred Matteson, SOA

Blog posts 2005-08-21

Insurance companies spend $1.6 bln yearly on e-commerce

Celent predicts that total insurance IT spending devoted to e-business is about $1.6 bln today and will grow cautiously at about 5% per year over the next two years. These trends have been observed by Celent over the course of its ongoing research and supported by data from its recent...

Tags: IT-spending, insurance, Celent

Blog posts 2004-09-14

Net flight bookings--a terror casualty?

Net flight bookings--a terror casualty?There is no "war on terror"!How terrorized can this country really be when our current government officials purposely let the 9/11 attacks take place. Bush gets numerous [i]credible[/i] security warnings, even detailing the type of attack which would occur using planes, and then goes on to...

Tags: Mr Blunkett, security

Discussion threads 2004-01-12

Property and Casualty Insurer Delivers Outstanding Support to Agents With an Industry-Focused, Composite Business Services Platform From IBM

IBM is helping to improve partner relationships for a premier property and casualty insurance company providing personal, commercial, marine, agribusiness, and excess and surplus insurance products across the United States. IBM wanted to deliver outstanding service and support to independent agents and brokers by providing a range of services across...

Tags: Agent, Business Operations, Business Service, Corporate Insurance, Finance, Financial Planning, IBM Corp., Insurance, Real Estate

Case studies

Avaya Business Continuity, Mobility Solutions Help MMG Insurance Manage Growth, Improve Responsiveness

Founded in Houlton, Maine, in 1897, MMG Insurance is a regional property/casualty insurance company which had initially focused on the needs of local farmers. MMG wanted an IP telephony-based communications infrastructure that would satisfy its need for a mobile, scalable solution. MMG also placed a premium on having a proactive...

Tags: Mobility, Avaya Inc., Business Continuity, Disaster Recovery, It Services, Data Management

Case studies

Southern Farm Bureau Saves $230,000 With CA's Unicenter Network and Systems Management Solutions

Southern Farm Bureau Casualty Insurance Company SFBCIC is one of the largest property and casualty insurance companies in North America. In July 2004, SFBCIC planned to roll out a revolutionary process for delivering insurance applications on-demand. With this new process, customer expectations will be much greater; therefore, SFBCIC needed to...

Tags: CA Unicenter, Network, Computer Associates International Inc., Systems Management, Farm Bureau, Insurance, It Management, Financial Planning, Business Operations, Corporate Insurance, It service Management, Finance

Case studies

Ohio Casualty Relies on IBM Rational Testing Solutions to Improve Quality and Ensure Compliance With Federal and State Regulations

With more than $1.45 billion in premiums written as of December 31, 2005, the member companies of Ohio Casualty Group offer auto, home, and business insurance products and are licensed in 49 states. Ohio Casualty needed an effective way to improve the quality of their applications, while lowering costs and...

Tags: Compliance, Regulation, IBM Corp., Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

Case studies

Insurance Company Integrates Records Management Into Claims Workflow for End-to-End Efficiency

This company is a diversified insurance organization that offers a broad range of products in the property/casualty field - from home, auto and life to general liability and workers compensation. Over the years, this insurance company has grown by acquiring new companies and affiliates across the country. Company management understood...

Tags: Records Management, Pitney Bowes Inc., Insurance Company, Workflow, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

Case studies

Insurance and Financial Services Organization Streamlines Operations

The world's leading international insurance and financial services organization has operations in more than 130 countries and jurisdictions. Its member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. The insurer needed to automate many self-service functions and offer...

Tags: Financial Service, Avaya Inc., Viecore, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

Case studies

Insurance Industry - From Policy to Profitability - Intelligent Automation at Work

Developing software, services, data & analytics offerings for the Commercial Property/Casualty Industry often becomes more expensive and time-consuming than it should be. After scope-creep comes accountability, blame, and disappointed users. Microsoft Certified Partner, Insurity, represents the integration of two essential elements - experienced insurance professionals and proven insurance technology. Please...

Tags: Analytics, Automation, Financial Planning, Insurance, Finance, Business Operations, Corporate Insurance

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