SaaS technology
Moving from Descriptive to Prescriptive Analytics
In its 2018 study, From Bottom Line to Front Line, Accenture identified a growing trend among CFOs and other senior finance leaders. The study, which interviewed nearly 750 key finance leaders, determined that some 53% of CFOs believe that their teams are not keeping up with today’s increasing needs to gather, analyze, and interpret data….
Security in CHSI Connections: How Secure is Your Insurance Management Software?
In the quest to stay competitive, many small and mid-size insurance organizations are improving their processes by moving to cloud applications and agile databases. These organizations have learned that manual entries and spreadsheets are prone to human error. In addition, older systems limit user access and make collaboration difficult. These issues can be resolved with…
What Is Omnichannel and How Does it Affect Insurers?
The omnichannel trend is affecting every industry. The term is often used to refer to omnichannel marketing, which places the customer at the center of a multi-pathway communications network. In omnichannel marketing, companies create an integrated experience with touchpoints selected to serve a particular purpose. The result is a personalized customer relationship with a consistent…
Can Cities Survive the Latest Ransomware Assaults?
Public entities and municipalities may be more vulnerable to cyberattacks, but creating a safe computing environment is possible. It doesn’t have to be “Cyber Month” to recognize that the dark side of technology is currently infiltrating self-insured municipalities: ransomware attacks. Ransomware attacks occur when criminals break into an organization’s IT systems, encrypt as much data…
Best Practices for SaaS Integration
Offerings such as SaaS (Software As A Service) and cloud technology are allowing smaller insurance companies to run state-of-the-art insurance management software and underwriting software through partnerships with companies serving as third-party providers of these services. While the improved, streamlined services for clients has helped to boost insurance sales and improve services to existing customers,…
