Transformational Technology Integrating New Marketing Approaches and Insurance Products with E-business Technology.

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Presentation transcript:

Transformational Technology Integrating New Marketing Approaches and Insurance Products with E-business Technology

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Discussion Objectives Years of Evolution - Traditional Technology “IT” Perspectives The Paradigm Transformation Internet, Intranets, Extranets The Insurance Marketplace A “JDI” World

Years of Evolution Traditional Technology Proprietary “Mainframe” Environments (Legacy Systems & Online “Green Screens”) Agency Management Systems Fragmented Vendor Services The Paperless Office and SEMCI????????

“IT” Perspectives CIO Magazine Conference The “IT” Executive The “IT” Business Plan Marketplace/Marketspace The Future Look

The Paradigm Transformation Rapidly Changing Marketplace Consumer Expectation Outsourcing Merger/Acquisition Craze Entry of Non-traditional Players “Lightning” Emergence of the Internet

New Phase Of Technology!! Actually … Maturation and Convergence

Convergence...

Internet, Intranets, Extranets Policy Submission and Distribution Agency and Consumer Inquiry Management Reports and Inquiry Regulatory Reports and Requirements

Secure Web-Site  Accept Agency System Agent Carrier ITSA Point-of-Sale System UNDERWRITING GUIDELINES & RATES ChoicePoint CLUE MVR I SO GUS DOWNLOADDOWNLOAD Agent/Carrier Web-Site Consumer upload

INSURANCE COMPANY LEGACY SYSTEM SQL SERVER PRIVATE IP NETWORK AGENT INTERNET INSUREDS FIRE WALL ITSA Inquiry Solution FIRE WALL

The Insurance Marketplace The “Lunch Eaters” The New Marketspace Affinity Marketing Call Center Emergence Consumer Interaction

A “JDI” World There Is No Time to Wait - Commitment to IT Perspectives Review the Marketplace Review the Process and “See” the Future Know the Players Get Equipped and be a PLAYER!!