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Incentive Compensation Management

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Wednesday, January 27, 2010

Anthem Blue Cross and Blue Shield Makes Fitness Program Available to More Missouri Seniors

With the economy barely inching towards recovery, now is a time for health care insurers to be innovative. To stand out in a crowd of comparable coverage options, providing more services for the same expense has never been more important. One insurer who has taken this approach for many years is Anthem Blue Cross and Blue Shield in Missouri. Their cleverly named... click here for the full blog post

Thursday, January 21, 2010

P&C Insurers – Migrate from Legacy Systems to Save Costs and Retain Customers

Recently, the P&C insurance industry has seen a decrease in demand for its products, and consequently a dip in profitability. Factors such as economic recession, the forecast of a moderate hurricane season and lower prices for commercial insurance are the primary drivers for this decline. Additionally, the profitability of insurers is also affected by expenses - such as commissions paid to brokers/agents and other overhead costs. A company that is able to generate premiums with lower... click here for the full blig post

Monday, January 18, 2010

Improve Productivity with Integrated Distribution Management Systems

Celent recently published a report that examines how insurers can achieve sustained profitability and growth through improved information sharing within distribution channels. Typically, the insurance industry is hampered by outmoded or disjointed technology systems that negatively impact access to information and coordination among different departments. When it comes to producer management, lacking appropriate information at a critical moment leads to... click here for the full blog post

Wednesday, January 6, 2010

The Top Six Issues for Insurers in 2010

A new year has arrived - and with it the opportunity for a fresh start. As such, the beginning of 2010 may see organizations looking within to evaluate internal processes and identify areas for improvement.

For the insurance industry, there are six issues on the horizon that are most likely to be of impact... click here for the full blog post