Making Strategic and Wise Investments for Policy Administration & Other Systems
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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 approaches to suites that provide several integrated functional areas from a single vendor, reducing the number of vendors in the insurance company's strategic IT plan.
The author then examines how ISCS's SurePower Innovation(r) Policy Administration Suite's functionality fits in the larger strategic choices the insurance company is making to fulfill its technology needs for performing the business of insurance.
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