Capitalizing on technology
Article Abstract:
Insurance companies should look for computer systems that will streamline business processes, as well as give the company an advantage in the business market. The computer systems must be compatible with a variety of applications so that new technology can be added as it becomes available. A company's technology system must be usable by personnel and should benefit the customer also through increased productivity and speed of answering inquiries. Returns on the system should be commensurate with the rate of efficiency it produces. Insurance companies should have funds for system development and maintenance.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1992
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The new technology wave
Article Abstract:
Developments in information technology hold much promise for the insurance industry, provided that insurers can make the changes necessary to take advantage of them. Emphasis must be placed on integrating new technologies with existing systems, rather than total replacement of existing systems. Developments in network computing, open system architectures and computer-aided software engineering will require a change in the information processing environment.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1992
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