The assessment process for non-core systems is similar to the process for core systems but with some tweaks to contextualize the approach for the size and scale of the project effort.
An executive who puts high value on communication and the empowerment of talent, Ramírez has undertaken the establishment of technology standards and digital and core transformation.
There are ways to apply some of the best practices from larger project efforts to smaller projects, while not burdening smaller projects with unnecessary bureaucratic overhead.
Implementing project management best practices helps insurers improve their performance, sell more products and retain customers.
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?
An IT baseline inventory organized by workplace, information, application and technology map technology to a company’s strategic vision.
Insurance carriers may have an abundance of technical resources at their command, but without a sense of urgency, a sufficient level of morale that sparks creativity and genuine commitment, their survival over the longer term remains uncertain.
Fresh from its acquisition of Standard Life Canada, Manulife is using technology to differentiate itself on the basis of customer engagement, information management and analytics, efficiency and effectiveness, and accelerated solution delivery.
In today’s insurance core system market, it is critical to treat information such as vendor size, installed base and technical modernity claims as data points to be explored further, rather than facts that can be evaluated in isolation.
It’s not so much whether an RFP is long or short but whether the questions you include are truly relevant. Chuck Ruzicka recommends three criteria for determining which questions do or do not belong on an insurance system RFP.