Story on page 8
This is a dance
we’re having
to do in many
different states.
May 2010 Volume 13 Issue 6
www.insurancenetworking.com
STANDARDS: A SHIFTING LANDSCAPE Data standards are evolving to meet the services-based needs of the modern insurance enterprise. But the influx of many new, ambitious rules could create near-term challenges for IT and the business it serves. Page 18
legislative Tea leaves
12allianz Life’s senior director of government
relations weighs in on
regulatory reform.
doing more with less
25With budgets static, insurers need to bear
business value in mind
when investing in it.
Green Design Boosts
Insurers’ Bottom Lines
some of the nation’s
largest insurers, including
aflac, allstate and nationwide,
are adopting the latest tech-
nologies to build and maintain
smaller, more efficient data
centers capable of managing
greater workloads—and pro-
ducing big savings.
By Joe McKendrick
>>s Torage/da Ta warehousing
Story on page 14
The State of State Affairs
During the sturm anD
drang of the health care debate, it might have been
easy to assume that the regulatory fate of the insurance
industry is determined in
Washington.
While federal regulation
no doubt has a profound abil-
ity to alter the way insurers
conduct business, the more
immediate legislative con-
cerns for the industry are
playing out in state houses
across the country. many of
the legislative battles, such as
efforts to restrict the use of
credit scoring in underwrit-
ing by insurers, are familiar.
however, this year, new
conflicts borne out of the
economic crisis arose, and the
industry found itself defend-
ing the sanctity of its solvency
funds as cash-strapped states
looked to replenish their cof-
fers by any available means.
With the stakes so high and
so much in flux, insurers can
ill afford to regard these battles
are far from a spectator sport.
By Bill Kenealy
Story on page 8
>> regula Tory ComplianCe
Bright ideas
28innovators runners up, metLife and the
Phoenix Cos., employ
“thought campaigns”
and Csr technologies
respectively in order
to prosper.
Clearing dead wood
32
how do an upstart and
established P&C insurer
differ when meeting their
document management
system needs?
INN Online
insurancenetworking.com
• enterprise architects step
up to the plate
• aais plans new p&C
data Center
• progressive Creates app
for android
