Welcome to our Fall issue of the FirstBest Newsletter! You may have missed some of the insightful industry articles published in recent weeks, so we've collected a great list below. Likewise, we encourage you to catch up on FirstBest by checking out the What's New section in this issue. Happy Reading!
Insurance Networking News
Celent Says: The Build vs. Buy Debate
. . . A combination of risk appetite and quick benefit is leading to a best-of-breed approach in the long run and insurers are part way through legacy modernization programs that will ultimately address their system segmentation approach.
Insurance & Technology
Insurers Re-Examine the Mobile Web
As the ways insurance customers and employees use mobile devices is better understood, and the amount of devices proliferates, some carriers are turning back to the mobile web as a place to bring next-generation mobile capabilities to the marketplace.
PropertyCasualty 360
True Agent-Carrier Collaboration Requires a Common Platform
Email and the ability to post information to a company site was a boon to all our basic communication needs 15 years ago. But to continue using it today as the cornerstone of the insurance placement process, which at its core involves negotiation and collaboration with insurance experts, is a mismatch.
Business Insurance
Property/Casualty Insurers' Net Income Falls 67% in First Half
The US property/casualty insurance industry's net income fell 67% to $6.9 billion during the first six months of this year compared with the same period a year earlier, according to a report to be released by AM Best Co. on Monday.
PropertyCasualty 360
Novarica Survey Indicates Slight Hike in IT Spending for 2012
In recently viewing the results of INN's survey of 421 insurance executives, sponsored by Oracle Insurance, there were some surprises. Namely, that a lot of carriers seem to be spending a lot of time and mindshare dealing with their legacy systems.
Do you have an interesting arcticle you'd like to share with us? Send it to newsletters@firstbest.com
Best regards,
Meira Primes
FirstBest Systems
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