Selecting investment management systems

Article Abstract:

Investment management for insurance companies ideally involves earning competitive returns, tracking risk and product liabilities and adhering to reporting regulations. There are several types of computerized systems that can be used to manage investments; for many companies, an integrated investment program saves the effort involved in managing separate databases. Software available includes mainframe systems, such as CIMS Securities from PMC, or minicomputer systems, such as CAMRA from Securities Software. Agencies can also lease the services of an investment accounting vendor.

Portfolio management

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Looking back from 1997

Article Abstract:

The fictitious insurance company ContempAmerica illustrates how information technology can help target products and services, deliver products to market and provide information and customer services. Four technologies were analyzed: object-oriented databases, multimedia systems, use of fuzzy logic and neural networks. The company found that the information technology also helped in other areas of the business such as in agent training.

Usage, Information technology

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The ethereal electronic evolution

Article Abstract:

Property, casualty, life and health insurers should adopt technology that allows for the electronic transmission of information. Improvements in this area will help insurers satisfy customer demands for quick and easy information access. Insurers should make certain that the technology they adopt also provides customers equipment that is easy to use.

Life insurance, Fire, marine, and casualty insurance, Life insurance industry, Property and casualty insurance

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