Press | Novarica

	FirstBest Suite Integrates Verisk Data Sources, Analytics 14 July - Matthew Josefowicz “The massive proliferation of data, combined with the increased power of modern analytical tools, has the potential to transform the insurance industry dramatically during the next decade,” says Matthew Josefowicz, managing director, Novarica.
	Tech Must Play Critical Role in Berkshire Hathaway Specialty Debut 14 June - Martina Conlon “It’s a great opportunity for a forward-looking management team to really embed analytics and digital communications into their strategy,” Martina Conlon comments.
	How RLI Improved Operational Insight and Enhanced IT Effectiveness 14 June - Martina Conlon The specialty insurer can now mine event data from various business solutions, correlate that information and present it to various stakeholders.
	What Kinds of Regulatory Compliance Tech are on Insurers’ Agenda? 12 June - Karlyn Carnahan But what is the role of software in managing it? Novarica’s Karlyn Carnahan notes that “the type of solutions carriers need depends on what issue they’re talking about.”
	4 Reasons to Invest in Direct Commercial Insurance Sales Platforms 11 June - Karlyn Carnahan I&T reported earlier this year about a “sea change” in the product, with observers including Novarica analyst Karlyn Carnahan saying that direct sales and self-service are logical.
	10 Best Practices for Precise IT Operations 10 June - Rob McIsaac The tools and processes outlined in Novarica’s “IT Estimation Best Practices Checklist” can improve performance over time while reducing the barriers between functional organizations that need to closely collaborate, Novarica said.
	Novarica Report Discovers Wide Variations in Claims Processes 6 June - Karlyn Carnahan “The claims process is not standardized across the industry—it varies by a number of factors, such as carrier size, industry sector, and technical capability,” says Karlyn Carnahan, a principal at Novarica and author of the report.
	Life Insurers Deliver Agent Ease Of Use With E-Signatures, E-Apps And Automated Underwriting 6 June - Rob McIsaac The life insurance industry has suffered from thinking of the world from the inside out, rather than outside in, says Rob McIsaac, a principal with research and advisory firm Novarica.
	Mobile Bill Pay: Maintain Control & Consistency 3 June - Chad Hersh “This is certainly the direction” the P&C and life insurance markets are going, says Chad Hersh, a partner in the insurance practice at Novarica, an insurance and banking research firm.
	Is Big Data Insurers’ Savior — Or Destroyer? 4 June - Matthew Josefowicz, Martina Conlon A similar theme was sounded by Novarica managing director Matt Josefowicz at last week’s L&T Infotech, Ltd. Insurance End-User Leadership Forum.
	Technology speeds rollout of insurance products, services: IASA panel 4 June - Chad Hersh Chad Hersh, a partner in the insurance practice at New York-based research and advisory services firm Novarica, said cloud-based software limits customization options.
	Insurance Software Provider M&A: What’s Next? 3 June - Chad Hersh “This is certainly the direction” the P&C and life insurance markets are going, says Chad Hersh, a partner in the insurance practice at Novarica, an insurance and banking research firm.
	Banks and Credit Unions Must Get Into the Mobile POS Game Now 28 May - Rob Rubin New tools and solutions could marginalize financial institutions if they don’t figure out how mobile point-of-sale payments before it’s too late.
	Technology Powers Ease of Use for Life Agents June 2013 - Rob McIsaac The life insurance industry has suffered from thinking of the world from the inside out, rather than outside in, says Rob McIsaac, a principal with research and advisory firm Novarica.
	3 Reasons Insurance Carriers Should Bet on Mobile Technology 22 May - Novarica A recent report from Novarica revealed that 60 percent of insurers will add new mobile capabilities for policyholders and agents in 2013.
	Consumers Assume Mobile Banking Bill Pay Is Fast, But It Isn’t 21 May - Rob Rubin In an effort to generate fee revenue, some banks and credit unions have begun offering expedited bill payment through their online bill pay platform.
	Moore, Oklahoma Tornado Most Deadly Since Joplin, Missouri 2011 21 May - Karlyn Carnahan As devastating as the storm was in terms of human suffering and loss of life, mobile technology seems to have mitigated its impact, according to Karlyn Carnahan, an analyst with Novarica.
	Bank Switchers Insist They Must Have Branches 14 May - Rob Rubin Consumers actively searching for a new banking provider still feel strongly that branches are an essential component in their’ switching calculus.
	8 Insurers Nominated for Novarica Impact Awards 14 May - Novarica A committee of 11 insurer CIOs has selected nominees for the second-annual Novarica Research Council Impact Awards. Nominees include: AIG, Aegis, Erie Family Life, Great American, Nevada General, PURE, RLI and XL.
	Guidewire-Millbrook Deal Signals Value of Data for Differentiation 14 May - Matthew Josefowicz “I think the fact that Guidewire’s first acquisition is in the business intelligence space underscores the critical importance of this area to insurers,” comments Matthew Josefowicz, partner and managing director of Novarica.