by Justin Lankes
20. April 2010 02:03
Gartner, Inc. has identified 10 technologies that will have the greatest impact for the property and casualty (P&C) insurance industry.
SCOUT integrates with:
Advanced Fraud Detection Solutions
It is key that insurers reduce losses and leakage to retain profitability. Better control of fraud is essential in accomplishing these goals. Advanced tools analyze data (structured and unstructured) to identify fraudulent claims in real time at point of data entry. This will assist P&C insurers in reducing losses that result in driving up operational costs and may result in companies having to increase insurance premiums based on these losses.
We've suprised a lot of people with how easy it is to integrate SCOUT with their claims system using Web-services:
Web Services and SOA Tools
P&C insurers operate a large ecosystem of systems and applications that integrate for seamless processing. In the past, companies had to hard-code integration between systems, which was costly, time-consuming, created challenges when applications were replaced and integration had to be redone, and was often difficult to overall due to technology incompatibility. The use of Web services/service-oriented architecture (SOA) enables companies to deploy services instead of using one-to-one integration. These technologies will help insurers improve their straight-through processing (STP) capabilities and reduce integration costs.
FULL REPORT:
http://www.gartner.com/it/page.jsp?id=1335313
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