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Transformational Technology

Transformational Technology. Integrating New Marketing Approaches and Insurance Products with E-business Technology. Contact. E-Mail: dbalser@itsa.net Website: http://www.itsa.net. Discussion Objectives. Years of Evolution - Traditional Technology “IT” Perspectives

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Transformational Technology

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

  2. Contact • E-Mail: • dbalser@itsa.net • Website: • http://www.itsa.net

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

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

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

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

  7. New Phase Of Technology!! • Actually … Maturation and Convergence

  8. Convergence ...

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

  10. ITSA Point-of-Sale System Carrier DOWNLOAD Secure Web-Site Agent Agent/Carrier Web-Site • Agency System UNDERWRITING GUIDELINES & RATES upload ChoicePoint CLUE MVR I SO GUS P Accept Consumer

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

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

  13. 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!!

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