Dancing the technology tango

Article Abstract:

Technology is one of the areas that insurers need to consider when embarking on a merger or an acquisition. Some of the most common technology dilemmas faced following a business consolidation are unaligned technology integration goals and business objectives, unclear target technology environment and inattention to key information technology resources such as personnel. A poor due diligence methodology that fails to detect major technological problems and improper implementation of the plan to integrate the technology of the merging firms are also among the pitfalls.

Acquisitions & Mergers Analysis, Insurance Agencies and Brokerages, Insurance agents, brokers, & service, Insurance Agents & Brokers, Acquisitions and mergers, Technology, Financial analysis

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Getting ahead by sending out

Article Abstract:

Outsourcing is increasingly becoming a strategic solution rather than just a short-term panacea, as companies realize its value beyond reducing costs. A number of firms are turning to outsourcing for almost all key business processes, including information technology, customer service management and finance. This trend toward strategic outsourcing or 'strategic sourcing, has transformed outsourcing relationships, with increased cooperation among vendors and suppliers.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS, Evaluation, Outsourcing

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Profit from the growing information revolution

Article Abstract:

Insurance companies need to use their information and technology in a different way as the health care industry continues to change. Changes in the health care industry have resulted in a loss of business for insurance firms, as they are relegated to the role of plan administrator rather than insurer against risk. Opportunities in information management await those companies that can gather and deliver information in an effective way.

Direct Health and Medical Insurance Carriers, Hospital and medical service plans, Medical Care Insurance, Computer facilities management, Data Processing Managers, Usage, Health care industry, High technology, Health insurance, Information management

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