A few weeks ago, Michael Costonis posted about the benefits to life insurers of using software as a service (SaaS) to automate new business and underwriting systems. Along similar lines, a recent article in Insurance & Technology features a 12...

Last week, I highlighted some of the challenges that insurers have experienced in their business intelligence (BI) initiatives—as well as areas for improvement. This week, I’ll share three of the six ways that insurers can get more out of their BI...

The opportunities in the retirement services market are immense, but life insurers must take time to understand consumers’ needs before diving in. Customers are increasingly demanding retirement advice and products that are relevant to their speci...

Despite hefty investments in data warehousing and business intelligence (BI), a Gartner report predicts that “through 2012, more than 35 percent of the top 5,000 global companies will regularly fail to make insightful decisions about significant c...

As we discussed last time, the reality is that most life insurers have failed to stake a significant claim in the retirement services market. Fortunately, there is still time to get started. In fact, I would argue that consumers are more ready tha...

Last week, I shared the benefits of (and barriers to) insurers using software as a service (SaaS) in new business and underwriting processes. Let’s take it one step further and assume that you’ve decided to implement SaaS into your business. How c...

In this interview with The Street, Accenture’s Mark Halverson explains how financial advisors have an opportunity to help people who are worried about outliving their retirement savings. Watch the video: Retirement Worries Good News for Advisors...

Increasingly, life insurers are being asked to do more with less: drive better performance, attract new business and achieve faster underwriting. At the same time, they’re expected to reduce costs, improve efficiencies and, of course, manage risk ...

The Accenture Global Retirement Services Survey has established that consumers are anxious about their retirement finances and willing to invest. The next big question is clear: assuming they can afford it, whom will they turn to for help? The...

This is the last in a three-part series on risk management in insurance. If you’re just joining us, you’ll want to catch up on the first part of the series: Part One: The Opportunities and Challenges of Risk Part Two: Four Considerations for ...