Core Systems Summit 2012 - Strategic Insight for Business Technology Leaders

Core Systems Summit

customer centricity
& mobility
innovation
in core systems

Analyst Content Partner:

April 10th & 11th, 2013

Venue TBD

A Forum for Core Systems Drivers & Innovators

The insurance industry is increasingly utilizing new solutions to boost revenue, move business forward and improve client relations. The Core Systems Summit will bring together VPs of technology, IT Directors, managers and innovative thinkers in the insurance industry to discuss critical issues, and learn about the latest innovations, and solutions.

The technology event, to be held April 10th & 11th, 2013, is an opportunity for participants to share best practices, project successes and failures, and new ideas in a comfortable, yet focused setting. The two-day event will include one full day of agenda sessions for Property & Casualty attendees and another for Life & Annuity representatives.

Become a delegate

The event's agendas are packed with round table discussions, one-on-one exchanges, think tanks and case studies, allowing participants to learn and debate as well as make key industry contacts. Open dialogue is encouraged to maximize idea sharing and ensure productivity. Separate agendas for Property & Casualty and Life & Annuity attendees will ensure focused conversations, resulting in actionable ideas and efficient problem solving.

call for speakers

Here are a few reasons why we think you need to join us:

The Insight: Forget the traditional slideshow presentation, the Core Systems Summit is an opportunity to gain true insight into the insurance industry. Explore IT project pros and cons, and discuss the latest technology issues with peers and colleagues. Attendees will leave the event with new ideas and the ability to make better-informed decisions for their organizations.

The Content: Content is king at this event! That’s why the Core Systems Summit team is working with Novarica to develop an in-depth agenda that covers the underwriting, policy processing, claims applications and other core systems topics and trends that insurance industry professionals are grappling with today.

The Networking: The Policy Admin Summit is an opportunity for attendees to share industry knowledge, exchange ideas and build long-lasting professional relationships. Take one day out of the office to connect with and learn from industry peers.

The Environment: Large technology conferences have their place, but why get lost in the crowd? The Core Systems Summit is an opportunity for attendees to listen and be heard. Share your ideas and have in-depth discussions with technology leaders from some of the largest insurance organizations in North America.

Case Studies

Sapiens Customer Story: Philadelphia Insurance Companies Philadelphia was looking for a highly flexible solution that could support a very broad array of products but with a quick implementation time. The new policy administration system should provide a Point of Sale Portal based on a componentized modern architecture with a rules engine, workflow engine, and interoperable Web services enabled at each point in the policy lifecycle.

Sapiens Customer Story- Columbian Financial Group With the CFG organization experiencing rapid growth, in large part due to a series of mergers and acquisitions, they found themselves managing six different policy administration systems. With plans to continue the M&A activity while also growing premium volume by 15% per year, the complexity of the technology environment and the growing number of policy administration systems was only going to get even more challenging over time.

Camilion Solutions Customer Case Study: Cincinnati Specialty Underwriters The Cincinnati Specialty Underwriters Insurance Company, Inc. launched as a new company in January 2008. This case study analyzes their success in using Camilion's Authority Suite policy administration system, to prepare for their entry into the E&S market.

Jump Start the Development of Your ISO-Based Products: Leverage ISO Electronic Rating Content with innovative technologies to accelerate speed to market, reduce costs and capitalize on market opportunities.

Whitepapers

Insurance at Thinksoft A perfect blend of domain expertise and technical know-how enables us to provide 360 degree service offerings across the entire insurance IT spectrum from requirements consulting to post production support. Thinksoft gives a special emphasis on the integration aspects of insurance business in ensuring quality in core solution's integration with Third Party Claims Administrators, Financials (GL, AR & AP), Ecommerce Solutions, Payment Gateways, Document Management System, HRMS, Imaging Solutions, Cash Management System, and Investment Management Systems.

10 Things Most Vendors Won't Tell You About Modernization This paper discusses the critical systems that insurers must address, outlines the transformation process and explores best-practice approaches that IT organizations can use individually or in combination to achieve their modernization goals.

Building Effective Business and IT Operations in a New Economy As soft economic conditions continue to hinder growth, many insurers are asking the question, "Is a new economic normal upon us?" This white paper will discuss ways for insurers to stay competitive in this new market through modernization. With a comprehensive approach, insurers can cost-effectively transform existing technology investments to reduce operational costs, minimize risk, and arm sales and service representatives with the customer insight they need to retain business, grow market share and improve profitability.

Proof-of-Concept Done Right: Mitigating the Risk of Policy Administration System Migrations More and more insurers are recognizing the need to migrate from their legacy policy administration systems to more modern, flexible systems, and interest is forecast to grow in the coming year. There are a number of business needs driving the interest in new policy administration systems, but foremost among them has been the lackluster economy. The past two years have been challenging ones for life and annuity carriers, who have experienced significant erosion of their investment returns. In light of this, insurers are taking a close look at systems that allow them to rapidly enter new markets, exit unprofitable ones, introduce uniquely differentiated products, and support diverse sale channels-all while improving operational efficiency and controlling costs.

Speeding Insurance Product Development: Removing Constraints through an Adaptive Systems Approach Adaptive, rules-based policy administration systems provide the opportunity for insurers to rapidly respond to changing market and regulatory dynamics, accelerate the product configuration process, and quickly bring to market new or enhanced products to meet evolving consumer demand.

Executive Content

A Global View of SOA-based Policy Admin Systems The U.S. market is the furthest ahead in deployments of SOA-based policy administration systems, but companies in other parts of the world are starting to catch up - and even leapfrog over traditional approaches. Article by Maria Korolov Trombly, president of Hong Kong based Trombly Ltd.

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