New Technology offers competitive advantages
Article Abstract:
Technology has automated and helped underwriters become more efficient. CD-ROM technology allows underwriters to look for credit and court records as well as maps on a disk rather than volumes of paper. On-line services provide underwriters with access to assessor records for information quickly and inexpensively. Underwriters who do not avail themselves of the available technology are losing out and could lose their next promotion to someone who does.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1995
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A strategy for agency automation
Article Abstract:
Insurance agents who automate their offices can improve marketing and service efficiency, but many independents fail to take advantage of these opportunities. Eighty-five percent of independent insurance agents do automate, and the agents that are successful use automation to improve basic agency functions such as sales and marketing. Agents who do not automate probably blame the high cost and large workload of loading and maintaining a database.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1992
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Meet customers' needs using data warehousing
Article Abstract:
Data warehousing can help insurance companies improve customer service and target specific products to customers. Developing an effective decision support system, or data warehouse, involves integratng unconnected customer databases based on the insurer's individual customer-information needs. Before beginning the integration process, insurers should purge existing databases of inapplicable information to streamline the data warehouse.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
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