AUG 18, 2014 5:00am ET

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Commentary

Modernizing Information Management in Insurance

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Insurers currently spend a great deal of time and money on information management, but the information tends to reside in disconnected platforms, projects, databases and tools. In response, many companies are or are thinking about embarking on modernization initiatives. They realize that advanced analytics from IT improvements can help them enhance reporting, improve response times and provide stakeholders more actionable information.

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Comments (1)
One of the real challenges in IM these days. The article is absolutely correct that information is table stakes these days. But its not that we need more resources spent on information management, we need less. Organizations are already paying for their information. In fact they are paying multiple times for the same information residing in multiple systems that cant reach over and talk to each other. Start spending less, but smarter
Posted by Edan P | Monday, August 18 2014 at 11:05AM ET
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