4Sight Business Intelligence

White Papers for Insurance Technology and Administration Software

  • Venture Insurance Programs Success StoryBy

    COMPANY CLOSE-UP Venture Insurance Programs is a full-service program administrator providing specialty coverage for Golf Clubs, Social Clubs, City Clubs, Resorts, Boutique Hotels, 4/5 Star Franchise Hotels, Hunting & Fishing Lodges, Plantations, and Golf or Hotel Management Companies. The...
  • SMA Perspective on Underwriting for L&T InfotechBy

    This SMA Perspective is a summary of SMA’s ongoing research on underwriting and the modernization of legacy environments.
  • Disruption in the Employee Benefits Market: An Opportunity for Enterprise Transformation?By

    FINEOS believes insurers have an opportunity to leverage major market changes and stresses to take a pragmatic approach to process and technology change in the back office, enabling better customer service levels, more flexible product options and ultimately better brand presence with...
  • Caching Data in a Distributed SystemBy

    Cached data is data that is proactively stored in working memory. This is usually done to speed up processing of individual system requests. An example of this data may be a list of states in the USA, a list of web pages in the application, or a list of valid account status code.
  • An ECM Insider's Guide - 7 Factors for SuccessBy

    Replacing paper-based processes with digital document management (also called enterprise content management, or ECM) offers a host of efficiency and cost-reduction benefits for your organization. As with any large technology initiative, taking full advantage of those benefits is only possible...
  • Socializing Dashboards – How to go Beyond Clicks & AnalyticsBy

    Analyzing data is no longer the only use for a dashboard. From motivation to accountability to LCDs in the lobby, this whitepaper discusses the different ways organizations can utilize dashboards, allowing them to communicate and engage a wider audience.
  • CSAA Insurance Group: A Core Replacement Odyssey - A CEB TowerGroup Case StudyBy

    CSAA Insurance Group: A Core Replacement Odyssey This CEB TowerGroup Case Study outlines the full life cycle of the policy administration replacement project at CSAA Insurance Group, which provides AAA-branded personal lines insurance to more than 17 million AAA members in 23 states. Find...
  • Leveraging Social Media across the Insurance LifecycleBy

    Social media adoption rates have increased exponentially over the past few years. Platforms such as Facebook and Twitter now boast millions of active users who exchange information and feedback about all kinds of products and services, including insurance. In the drive to attract new customers...
  • Predictive Analytics in UnderwritingBy

    Virtually every aspect of the insurance business can benefit from an improved ability to predict the future. Whether actuaries desire to create more accurate pricing models, underwriters hope to make better underwriting decisions, marketing wants to improve campaign results or claims needs to...
  • The Seven Deadly Sins of P&C Policy AdministrationBy

    We know how to do P&C policy administration right – but we also know what can go wrong. These are the seven deadly sins of P&C policy admin.
  • BPO Puts Back-Office Operations Up FrontBy

    Business Process Outsourcing (BPO) provides a flexible, strategic way to do business. At its most basic, it’s simply hiring another company to handle certain aspects and processes of your business. Today, organizations outsource human resources administration, call center services, accounting,...
  • One Policy System or Two?By

    Guidelines for choosing between combined or separate policy systems for P&C commercial and personal lines
  • Mobile Technology for Insurance - Survey ResultsBy

    There is no doubt we live in a mobile age, but where does the insurance industry stand with regard to real‐life business application of the technology? How does the industry want to use it in the future?
  • Running Multiple Versions and Taking Advantage of WebSphere MQ 7.1 and 7.5By

    How to best utilize the benefits of both versions and how to get them to work together with previous versions. Get a better understanding of how to get them to all get along. Learn the key highlights of multiple version support for WebSphere MQ 7.1 and 7.5 in detail. Review the meaning of...
  • Technology IndependenceBy

    Technology, you can’t live without it, but how do you keep up with it without breaking the bank? It’s the age old issue that companies continue to face; only today technology is evolving at an ever faster pace....So the question remains, how do you develop your life insurance sales applications...
  • Opportunity Cost of Retaining Legacy SystemsBy

    Opportunity Cost -- The "cost" of selecting one alternative is the benefit foregone from the next best alternative. While the insurance industry was a leader in adopting technology in the early days of software, it has fallen behind in maintaining the lead. The percentage of companies still...
  • How XML Helps Improve Supplier EfficiencyBy

    XML helps improve supplier efficiency by enabling electronic document exchanges with customers, providing a technology friendly interface with suppliers’ in-house systems, and increasing reliability.
  • Why Just Insure When You Can Ensure? Moving From Insurance to Holistic, Dynamic Risk ManagementBy

    If the only tool you have is a hammer, every problem looks like a nail. The wisdom of this old adage is just as applicable in risk management as it is in life where the tool that organizations fixate most on is insurance. Once this fixation sets in, every risk issue (right or wrong) begins to...
  • Business Intelligence: Solving Smart Grid Data Management ChallengesBy

    Look behind the scenes of Smart Grid deployments and technologies and you’ll discover a common challenge and opportunity to them. There’s new data, and lots of it. From real-time, granular weather analysis and forecasting for wind and solar power generation models to individual home energy...
  • Growth Speed Agility and Profitability ... Oh My!By

    The past two years have shaken the historical assumptions underpinning insurance and business models. The "Great Recession" has exposed underlying issues within the P&C insurance industry which are contributing to a lack of underwriting profitability which has proliferated in the industry for...
  • Free your Forms from Paper - FOREVER!By

    The swan song of paper‐based business workflows has been replayed over the last 20+ years. Innovators continue to work on ways to close the digital divide that exists between central IT and the edges of the enterprise where paper forms capture stubbornly prevails. Emerging technologies such as...
  • Making Strategic and Wise Investments for Policy Administration & Other SystemsBy

    By Deborah Smallwood, principal with the consultancy Strategy Meets Action (SMA). This research paper covers SMA's framework for the breadth of technology functions that an insurance company needs and how today's technology enables a range of options from one-vendor-for-each-function...
  • The Transformative Economics of Professional Open Source on Business Intelligence TechnologyBy

    Business intelligence (BI) is a well-established and generally well-known software category that spans a wide range of functional capabilities. Specific definitions will vary from customer to customer and vendor to vendor, but most will agree that business intelligence typically refers to the...
  • Do you know your chemical footprint?By

    Addressing domestic and global regulatory issues for chemicals along with having a chemical data management strategy are critical components to a complete risk management model in the industry. With the increase in regulations from agencies such as the Department of Homeland Security, it has...
  • Consolidating and Automating Policy Administration and UnderwritingBy

    Time and again, risk managers and underwriters experience a very real pain – the pain of using dozens to hundreds of different data sources (Excel spreadsheets, Access databases and paper) to perform policy administration, underwriting, and exposure tracking. And the pain continues when they try...