Automation in underwriting: what do P.T. Barnum and Martha Stewart have in common?
Article Abstract:
The process of automating the insurance industry has proven difficult. Some observers attribute the slowness in adopting new automation technologies to the over-emphasis of many companies on technical issues such as adherence to models of corporate strategies. To hasten the integration of automated underwriting systems, insurance companies must overcome such a preoccupation and focus on developing innovative applications of new technologies.
Publication Name: CPCU Journal
Subject: Insurance
ISSN: 0162-2706
Year: 1996
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Anticipate broad patterns of change
Article Abstract:
The number of insurance companies starting to automate their operations continues to increase annually. These companies use various automation systems such as total agency management systems, multi-company interface and the Internet. The automation of the insurance industry has forced many companies to reengineer their operations. In addition, it has increased the urgency for establishing standards of communication.
Publication Name: CPCU Journal
Subject: Insurance
ISSN: 0162-2706
Year: 1996
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Managing the automated claims professional and environment
Article Abstract:
The insurance industry has been able to integrate several new automation technologies into its operations. The advent of these technologies has radically changed the role and function of claims professionals. At present, most professionals are able to provide efficient and high-quality service through automated systems. These systems provide access to various databases to facilitate the processing of claims.
Publication Name: CPCU Journal
Subject: Insurance
ISSN: 0162-2706
Year: 1996
User Contributions:
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