Transcript Download Handout 2

Transformational
Technology
Integrating New Marketing
Approaches and Insurance Products
with E-business Technology
Contact
• E-Mail:
– [email protected]
• Website:
– http://www.itsa.net
Discussion Objectives
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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
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CIO Magazine Conference
The “IT” Executive
The “IT” Business Plan
Marketplace/Marketspace
The Future Look
The Paradigm Transformation
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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
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Policy Submission and Distribution
Agency and Consumer Inquiry
Management Reports and Inquiry
Regulatory Reports and Requirements
ITSA Point-of-Sale System
UNDERWRITING
GUIDELINES
&
RATES
Carrier
upload
ChoicePoint
CLUE
MVR
Secure Web-Site
I SO
GUS
D
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W
N
L
O
A
D
Agent
PAccept
Agent/Carrier Web-Site
Consumer
Agency System
ITSA Inquiry Solution
INSURANCE
COMPANY
LEGACY SYSTEM
FIRE WALL
SQL
SERVER
FIRE WALL
FIRE WALL
PRIVATE
IP NETWORK
INTERNET
INSUREDS
AGENT
The Insurance Marketplace
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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!!