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Personalized Insurance: Leveraging BPM, BR and SOA in Insurance
About the BrainStorm DC Workshops:
The federal government represents and shares characteristics with every commercial industry such as Banking, Insurance and Retail. It is involved in home mortgage lending, investment banking, life insurance underwriting, and property and casualty insurance. It shares many common operations and requirements with the Retail industry such as logistics management, supply chain optimization, warehousing, and transportation and distribution. Our Banking, Insurance and Retail Process Innovation Workshops explore strategic business initiatives in which the government acts as a regulator, a provider of services and a consumer of services in each of these industry value chains. Workshop Description: Competitive pressures, poor investment returns, substantial claims payouts, demanding customers and independent agents, new regulatory challenges and complicated processes have led to increased complexity in insurance operations. Insurance professionals must be flexible and move quickly to respond to the conditions in their industry and achieve the three strategic objectives necessary to thrive: delivering new services, increasing customer loyalty and achieving a lower cost structure. Meeting these demanding objectives requires the continual improvement of a portfolio of differentiated financial services, which requires a significant investment in transforming IT. This session will explore the use of business process management, business rules management and service-oriented architecture to support personalized insurance intiatives such as single entry multiple carrier interface (SEMCI) in the request to quote process, "Know your customer", Straight Through Processing (STP), and Standard insurance forms based on ACORD XML. Speaker Bio:
Additional Opportunities September 10-13 in Washington D.C.These Workshops are held at BrainStorm DC, which also offers our industry leading Certificate of Training Programs and Conferences over September 10-13:
Members - simply login for details on Exclusive Member Rates*. If you are not yet a member, join today to be eligible. No thanks, please take me straight to registration. * Deadlines and restrictions apply. We reserve the right to make final determination of eligibility. |
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