Year 2000 doomsayers finally get insurers' attention
Article Abstract:
Many insurance companies are finally heeding the warning of Cigna executive Jack Rader to take the necessary steps to forestall the possibilities of their computers crashing with the advent of the year 2000. Rader warned in 1991 that insurers that failed to resolve the software problem of the two-digit date codes that will arise with the coming of the new millenium will experience huge financial losses that could threaten their profitability and solvency.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
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Computers help cut reliance on technology consultants
Article Abstract:
Insurance companies have found computers an overall boon in allowing employees to perform tasks that used to be outsourced. Many companies request employees perform routine tasks such as database management and graphical scanning services. Other companies complain that certain tasks are made more difficult with computers because of the amount of time employees spend working on presentation rather than content.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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