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.
Improving the customer experience is vitally important to building business in a modern, digital world. This white paper from analyst firm Strategy Meets Action (SMA) presents the firm's research and recommendations on achieving the Ultimate 360⁰ Insurance Experience for staff and customers, and...
Today, it’s hardly a secret that EDMS (Electronic Document Management Systems) deliver significant
monetary savings and numerous other advantages over the use and maintenance of hard copy
records. Consequently, you can bet that any company or firm looking to expand profitability and
viability...
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.
Organizations need to think about what constitutes a positive and memorable customer experience throughout an end-to-end customer journey, delighting customers from the moment they come into contact with the company or your product information, all the way through product selection, use of the...
Today’s life and annuity illustration solutions need to
be architected to be technology independent. Re-writing your illustration solutions every 5 years is not an answer. While it may be good for the solution provider, it is not a cost effective long-term solution for you the customer. Life...
Learn how to avoid being negatively impacted by the competition by identifying the common warning signs that you are being adversely selected. With more companies using predictive analytics, this topic is growing in importance.
Recently, Dowling & Partners Securities, LLC, released a special...
IT complexity is the major underlying theme of the years to come for infrastructure and operations.
I&O teams have attempted to abstract this complexity with virtualization, cloud computing and SaaS,
and virtual data centers. These solutions all attempt to mask the inherent complexity of...
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.
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...
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...
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...
The financial crisis is indeed a “once in a half century event”, but one she suggests it happened four times before over
the last 200+ years. Each technology-based revolution had its unique dynamics, but the historical view provides insight
for insurers as they embrace this disruption, use new...
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...
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...
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