NETWORKING NEWS
There’s not a carrier out
there that’s not afraid that
someone will start Tweeting
about a bad experience.
Story on page 10
>>COVER STORY | TECH TRENDS
Smartphone Craze
6The mobility landscape is changing, and experts warn CIOs to prepare
for headaches.
>>INNFOCUS—P&C
that there are sufficient reasons
By Pat Speer
Is Legacy a Bad Word?
The term’s pejorative aside,
insurers steeped in “legacy”
technology find the idea of
ripping these systems out
overwhelming. When positing
to justify the “legacy” status
quo, an INN blogger got an
earful from both insurance IT
traditionalists and modernists.
Find out what they and others
had to say.
Story on page 12
While concepts such as cloud
computing may be much more
hype than reality for most insurers, forward-thinking CIOs
cannot afford to ignore implications of the model. Considering
the pace at which technology
evolves, today’s novelty may well
be tomorrow’s necessity.
Many of the trends prevalent
this year complement and ampli-
fy long-emerging ones, such as
virtualization, social networking,
mobile computing and the move
toward service-oriented architec-
tures. This confluence of factors
has many insurers not only look-
ing for opportunities to leverage
leading-edge technologies to
better run their businesses and
interact with customers, but also
to fundamentally reassess the role
of technology in their operations.
Story on page 22
By Bill Kenealy
>>SPECIAL REPORT
Farmers’ Insurance tops this
year’s Insurance Networking News
INNovators Award, which
recognizes key
advances in the
use of information technology and business practices
within the insurance industry.
This year’s finalists highlight
the benefits of collaborative ini-
tiatives where a host of
resources and capabilities can be
leveraged for long-term success.
A full list of the winners, and
their unique accomplish-
ments, are list-
ed inside.
Also, as
part of this
year’s coverage, two of the
judges explore the indus-
try’s ever evolving and
distinctive approach to
innovation.
Technology Innovation
Morphs Into Strategy
CIOs across a number
of vertical markets are
looking to technologies,
such as self-service portals,
business intelligence and
virtualization to enhance
competitiveness, while
keeping down costs.
18
New Ways to
Beat Competition
28Many insurers’ information technology organizational
structures are hindered
by the forms-based, century-old ecosystem from which
they originated.
IT Changes Everything
As carriers eliminate silos
and consolidate platforms,
opportunities unfold to
employ business intelligence.
Predictive Analytics
36
INN Online
InsuranceNetworking.com
• P&C Salaries Remain Constant
• Mobile Channel Strategy
Influences Insurance Buyers
• Workers’ Comp State Funds
Rapidly Gaining Market Share