June 28, 2022 – Core systems transformation efforts are among the most ambitious and complex initiatives that insurer IT functions can undertake, with workstreams spanning years and project teams numbering in the hundreds of resources. But core initiatives create measurable savings or revenue by not only enabling new products but also saving thousands of person-hours or reducing or eliminating legacy system maintenance costs and risk.
Aite-Novarica Group’s Insurance Technology Impact Awards recognize IT initiatives that have created real impact on insurers’ business, premium, and profitability. The 11th annual Insurance Technology Impact Awards program reviewed 65 examples of insurer IT initiatives that delivered real business impact. This volume includes 16 case studies of core initiatives: American Public Life, Amerilife, Country Financial, Cure Auto, EMC Insurance Companies, Encova Insurance, Everest Re, Frederick Mutual, Gore Mutual, Ohio National, Security Benefit, Shelter Insurance, Timby, Tokio Marine Highland, Vantage Group Holdings, and West Bend Mutual Insurance. Companion volumes cover data/analytics, digital, and IT practice case studies.
This is a 31-page Impact Report. Clients of Aite-Novarica Group’s Life, Annuities, & Benefits or Property & Casualty service can download this report.
This report mentions Accenture, AgentSync, Amazon Web Services, Ansible, Arrowhead, Atlassian, Bamboo, Betterview, Bitbucket, Blueshift, BriteCore, CAPE Analytics, CARTO, Central Analysis Bureau, Cognizant, Confluence, Datafied, Deloitte, Digital.ai, Docker, DocOrigin, DocuSign, Duck Creek Technologies, DXC Technology, Dynatrace, e2Value, Embroker, EPAM, Everlink, ExamOne, FAST, FINEOS, Google, Graylog, Guidewire, Hartford Steam Boiler, HazardHub, inContact, InRule, Insbridge, InsCipher, Insurance Technologies, Insureon, IVANS, JIRA, LaunchDarkly, LexisNexis, Liferay, Lockton, Looker, Majesco, MIB, Microsoft, Mission Underwriters, MuleSoft, Munich Re, One Inc., Origami Risk, PagerDuty, PwC Qlik, RabbitMQ, Ratabase, Salesforce, Sapiens, Sedgwick, Smart Communications, Smart Panda Labs, Snowflake, Splunk, SS&C, Sunfire, TAI, Thunderhead, Trillium Software, Verisk, Vertafore, and WTW.