Core Administration
Product Lifecycle Management: A Competitive Advantage
The post economic crisis has prompted insurers to work harder than ever to remain competitive and profitable. Many carriersinterested in Product Lifecycle Management innovation are investing in new solutions to automate the product-development processes. Carriers who make these investments find that the results are more loyal producers, fresh and relevant product lines, and more satisfied customers. Read SunGard’s paper on how to turn Product Lifecycle Management into a strategic competitive advantage.
Consolidate Multiple Lines of Business on a Single Source Platform
Whether considering consolidation, replacement of existing systems or adding new products or line of businesses, or moving into new markets, insurance carriers are undertaking policy administration projects despite the economic downturn. When asked, “what is the number one concern when considering your current systems’ ability to respond to new market opportunities?, insurance executives unanimously answer, “our legacy systems are just too complex to respond to the market in a timely manner!”. Carriers seeking to improve speed to market for Life, Health and Annuity businesses, must embrace new product development capabilities creating the tipping point for a ‘single source’ administration . Download the whitepaper Single Source Platform: An Insurance Carrier’s Conundrum to learn more.
Cut Through the Clutter with Worksite Marketing That Delivers
Carriers and brokers must work in tandem to develop and package benefits into a worksite marketing plan that addresses an organization’s specific requirements. Uncovering and understanding these needs demands you listen to the market, brokers, employees and employers.
But, it takes more than great products to succeed. Effective worksite marketing requires educating individual employees on the products and services being offered, and then selling and administering those benefits. Download SunGard's "Understanding and Succeeding in Worksite Marketing" ebook loaded with tips and insight that will help you build an effective worksite marketing program founded upon flexibility and superior customer service.
Grow Your Business Through Technology
Increased transparency and enhanced efficiency can differentiate insurers in a crowded market. In this compelling video, analyst Matthew Josefowicz, a director at Novarica, discusses ways insurers can grow and define their businesses through technology. Among the critical topics he covers are improving information infrastructure, enhancing systems to consolidate data and make it more meaningful, and ensuring that workers throughout the organization clearly understand the benefits of information sharing.