We’ll eventually get
to the point where
there’s just too much
risk for reinsurers to
be of assistance.
November/December 2010 Volume 13 Issue 10
www.insurancenetworking.com
reinventing Agents
14Agents need to stress their advisory value, as
technological change
lessens the transactional
aspect of their jobs.
mitigating risk
26the industry needs to employ nimble tools
to ferret out financial
risk lurking in their
investment portfolios.
As we look forward to a new year, the front-office and back-office technology shifts bound to impact the insurance industry are already taking shape.
Page 16
Transforming iT
technology investments
among insurers will
increasingly shift
toward saas, analytics
and other applications
that will substantially
reorder how it
departments operate.
31
it ProfessionAls hAve
long struggled to translate the
rapid advances in computer
hardware to corresponding gains
in operational capability. now,
By Bill Kenealy
>>emerging TeChnologies
Making the Most of
Memory for Analytics
in-memory analytics promises
to speed up vital modeling functions by leveraging a cheap and
abundant resource—rAm.
Story on page 10
As their customers become increasingly reliant on
mobile technologies, insurers are busy crafting applications to enable a variety of
business functions, from
filing a claim to paying a bill.
Yet, the fractious nature of
the mobile market requires
them to develop for multiple
platforms. While Apple’s
iPhone defined the mobile
application market, insurers
can ill afford to ignore the
By Joe McKendrick
>>moBile Compu Ting
Insurers Need a Plan to
Manage App Mania
burgeoning success of
devices based on Google’s
Android operating system
and blackberry’s forthcoming tablet device.
With the market mutating
and development resources finite, tough choices need to be
made. Yet, several carriers have
brought order to multiple-platform developments and
are achieving competitive
advantage in the process.
Virtualization reality
Wider use of
virtualization in storage,
networking and even
on the desktop will
help trim infrastructure
costs for insurers.
38
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Continues to Bleed Jobs