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Article: POLICY ADMINISTRATION: Policy Admin Systems Gear Up for New Realities; Commercial lines carriers are focusing on integration efforts to simplify the growing complexities inherent in their policy processing.(Back Office - Strategies and technologies to boost behind-the-scenes efficiencies)
- Article from:
- Insurance Networking News: Executive Strategies for Technology Management
- Article date:
- November 1, 2009
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Byline: Joe McKendrick
Processing a Commercial lines policy carries with it a host of integration points that touch a multitude of similar and dissimilar systems, tools and back-office functionality.
In reality, there is no single magic bullet for policy administration systems integration: For every 10 companies, there are 10 different integration strategies, from gradual approaches to take-no-prisoners implementations.
INN investigates how successful commercial lines carriers use technology standards to simplify the growing complexities inherent in their core processing.
In recent years, as organizations have grown more interconnected ...