Contents FEBRUARY 2015 // ISSUE 1 // VOL. 2
14 Brave New World for CIOs
CEOs increasingly turn to their IT leaders, not just for fancy new software
platforms, but for new ideas and ways for technology to make the business
functions more successful.
Replacing a claims
presents a major challenge
for an insurance carrier, but
there are other technology
options available for carriers
to consider while they wait for
the big bang.
Small- and mid-sized
carriers look to grab as many
capabilities as they can at the
ever-growing buffet offered by
policy administration system
vendors. However, staff and
budget limitations offset how
much smaller insurers can
afford to put on their plates.
CIOs battle to earn the respect—and
attention—of their CEOs.
6 IT Closeup
The CIO’s job is to stay in
control of the complexity,
maximize the benefits that
it brings, and minimize its
Many insurance carriers
are taking advantage of
the innovations developed
by those from outside the
industry, but carriers are
conspicuously absent from
the list of innovators.
10-11 The Big Fix
Two insurers discuss the difficulty involved
in implementing new technology solutions
and the positive effect these solutions have
had on the performance of their companies.
12 ITA Analysis
CIOs don’t see an investment priority in the
Io T because they don’t yet know where to
spend their money.
36 Corner the Market
As lifestyles and patterns change, will
life insurers adjust their traditional
38 What Do You Think?
Insurance companies struggle to find success
without strong leadership from the CEO
and the CEO can’t provide that without
a talented CIO sitting alongside, offering
insight on how technology can help the
business operations prosper.
42 Inside the ITA
ITA LIVE will be the keystone event for the
Insurance Technology Association, but that’s
not the only new thing coming in 2015.