When comparing modern core systems, it is essential to look beyond the base costs of software licenses, new hardware, and implementation resources and services. Here are some factors to help insurers calculate true total cost of ownership (TCO).
Whether they involve M&As or digital transformation, convergence trends may look daunting to many health plan CIOs. Here’s why riding the convergence wave is not optional.
Futuristic projections may not yet affect the day-to-day work of an insurer’s IT organization, but it’s essential to build an IT roadmap and to prepare the organization’s technical infrastructure for the changes to come.
While ERC may alleviate many challenges related to cost, time and keeping up-to-date with ISO, it is very sophisticated and requires complex design and engineering to reap all its benefits.
Budgeting for innovation in 2016 is shaping up to be a challenging one. In fact, it could be harder to formulate budgets this year than in prior years. Why is that?
Insurers who establish and maintain high data integrity and quality will gain competitive advantage.
Multi-factor authentication is a way for organizations to secure all platforms in such a way that everyone has access to the data and applications they need to work remotely, but in a cost-effective manner.
An increasingly plausible option for usage-based underwriting is to combine a low-cost Bluetooth-enabled data collection device with a smart phone app in order to satisfy both quality data and customer intimacy for personal lines insurance.
While immersion in the subject of IT can be intimidating for some executives, a rudimentary understanding of evolving developments is an essential responsibility of all senior leadership.
It took barely three weeks from the SCOTUS decision to get the top echelon of health insurance payers to lay out billions to rapidly grow in size, scope, and financial wherewithal.