Sessions Focus on Cyber Security, Data and Modernization
Hartford, CT and Montreal, Quebec – 05/17/2016 – Insurity, Inc., a provider of core insurance processing and data integration and analytics solutions and Oceanwide, a developer of industry-leading, configurable, SaaS based insurance software, today announced that they will be presenting several technology sessions at IASA’s Annual Educational Conference and Business Show in San Antonio, TX.
The 2016 IASA Annual Conference & Business Show provides an exceptional setting for insurance professionals and solution providers to learn and network. The IASA Annual Conference has an outstanding reputation as a high-quality and high-value event for insurance executives in the areas of finance, technology, accounting, systems, operations and business disciplines. IASA is a non-profit organization singularly focused on providing quality education to association members.
On Monday, June 13, Oceanwide’s Jonathan Victor will present on the topic of : Cyber Security: Understanding Risks and Uncovering Best Practices with Xander LeRoy, AIG Property Casualty and Tony Scharf, HDI Global.. Cyber security is a critical area of focus for the Insurance industry. This session will look at specific issues such as DDOS (Dedicated Denial of Service attack), intrusion monitoring, data security and privacy and will also address why it is important to have a comprehensive approach to cyber security that includes risk mitigation and incident response across all aspects of the business. Presenters from Salient CRGT, XL Catlin and Tuscarora Wayne are also participating in the session
On Tuesday, June 14, Insurity’s Bruce Broussard is presenting with John Lucking, of Crum & Forster Insurance on the topic of Creating the Data Driven User. Crum & Forster, a subsidiary of Fairfax Financial Holdings, and well understands the challenges associated with data being located in multiple core systems. Crum is working to adopt industry best practices and technologies to implement and create more efficient and effective processes and to develop a data centric environment across their organization. This session will showcase Crum & Forster’s experience and best practices.
Also on Tuesday, June 14, Insurity and Oceanwide customers are presenting on the topic of Modernizing for Speed – Approaches and Options. Jeff Goldberg of Novarica will moderate a panel featuring Michelle Souza, Alaska National Insurance, Partha Srinivasa, HCC Insurance Holdings, Inc. and Wayne Umland, Wayne Umland Consulting, LLC (former CIO at Glatfelter Insurance). The modernization of core systems continues to drive a majority of insurer budgets year after year. Some insurers have embraced software as a service (SaaS), some look for single-vendor suites, while others prefer best-of-breed; some build a schedule around a “Big Bang” release while others are choosing to “Surround and Replace” over time. This session will showcase insurers who have chosen different modernization paths and discuss how they selected their implementation approach and the impacts of their choice including cost, timeline, and disruption
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise and are in production with over 100 insurers, processing billions of dollars of premium each month. Insurity’s solutions address the needs of all carriers – from the Top 20 insurers to small or regional commercial, personal, or specialty lines writers, as well as MGAs. For more information about Insurity, call 860-616-7721 or visit www.insurity.com.
Oceanwide, an Insurity company, delivers SaaS core processing solutions to property and casualty (P&C) insurers of all sizes to enable faster reactions to market changes, easy configuration and management of new and existing products for increased speed and lower costs across all lines of business, virtually eliminating professional service fees. Web-enabled and fully-configurable by end users without custom programming, Oceanwide’s insurance software solutions automate core administration (policy, billing, and claims), as well as underwriting, document generation, agent/consumer portals and reporting. Globally, Oceanwide’s software fills gaps in existing legacy systems and provides a modern, end-to-end solution for insurers. For additional information, please visit the Oceanwide website at www.oceanwide.com, or call (888) 289-7744.