Running out the clock
Article Abstract:
The insurance industry is rushing to convert its computer systems by Dec 31, 1998 to become Year 2000-compliant. Insurers are allotting at least one year to test these changes and ensure that systems would operate correctly by the turn of the millenium on Dec 31, 1999. The challenge to change computer systems from a two-digit date to a four-digit one and thus prevent their mass failure on Jan 1, 2000 has been exerting enormous pressure on the budget and manpower of insurers. However, it has also compelled companies to examine older systems and find ways to upgrade or replace them.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
A television network can boost your writings
Article Abstract:
Television broadcasting is an effective way to transmit marketing advice, sales training and product information to insurance agents. The New England Mutual Life Insurance Co, in Boston, MA, has launched its own network to relay up to the minute information to approximately 2,000 agents in 60 agencies across the nation. The programs are transmitted via satellite, and the programming is often customized to fit different viewers' needs.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Demographics, reduced welfare state could boost Swedish market
Article Abstract:
Sweden is undergoing changes that will affect the future of the private insurance industry. The country's pension system is facing demographic changes in 1996, as a large number of people born in the 1940s grow older and as the average Swede lives four years longer. Scandia Insurance Co. Ltd has proposed that the government work with employers and employees to establish a portable competence insurance plan.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Running out of the clock. Protect brand equity in the global marketplace
- Abstracts: Changing the rules for discounting. The state(s) of the alternative markets. Paper chase
- Abstracts: Tossing out the pink slips. Homeowners insurance: doing well by doing good
- Abstracts: Handing down the business. Moving with the markets. Building a culture for service: crafting and initiating an effective customer service culture in the 1990s is vital to a company's growth and market share
- Abstracts: Reinventing benefits. Broad-based employee stock plans. A look at broadbanding in practice