insuranceciooutlook
APRIL 20196CIOReview's circulation is audited and certified by BPA International (Audit Pending). Copyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.APRIL - 2019Contact Us:Phone:510-683-5022Fax:510-894-8405Email:sales@insuranceciooutlook.comeditor@insuranceciooutlook.commarketing@insuranceciooutlook.comApril - 2019, Vol 05 Issue 03 Published by ValleyMedia, Inc. To subscribe to Insurance CIO OutlookVisit www.insuranceciooutlook.com Managing EditorPamela MorganSalesEditorial StaffAaron Pierce Ava GarciaAlex D'Souza VisualizerAR RamjithPOLICY ADMINISTRATION SERVICES SPECIALNick Masonnick@insuranceciooutlook.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffDan StanleyJoshua ParkerSarah FernandesEditorialPamela MorganManaging Editoreditor@insuranceciooutlook.comThe policy administration space has been evolving in the recent past, thanks to solutions that are more flexible and dynamic. Today's technology has greatly improved customer experience and reduced the amount of time it takes to onboard new customers. This has had a big impact on the way insurance is bought and sold in today's fast-paced market. With the insurance industry capitalizing on big data and the IoT, it is rapidly moving away from legacy systems and implementing new systems to enforce policies. Tools such as smart devices and wearables are on the rise, giving insurers a much better idea of what the policyholders are doing--leading to the better administration of policies. The other big shift that we see today is the migration to the cloud--offering insurers the flexibility they need to implement applications more effectively. That aside, it gives them the ability to scale with ease and massively improve redundancy. Mobile-first policy administration solutions are now what insurers require, giving them the ability to work on the fly, it gives them the flexibility they need to make important decisions in real-time.Creating new trends and breaking status quos of insurance, service providers and consultants have come about to bridge the gap between policyholders and policymakers. Highlighting new developments in the policy administration space, this special edition brings innovative solutions and disruptors in the field. We have come up with the solution providers who show the most promise with our "Top 10 Policy Administration Service Providers 2019" list. This we hope will give you, our readers; the opportunity to make informed decisions for all your policy administration endeavors.Let us know your thoughts!Policy Administration Made EasyPamela MorganIssac George
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