Never add resource to a late software project… Many of those new to insurance software development assume that adding programmers to a late project is the right thing to do in order to finish as quickly as possible. WRONG! This is almost always the absolute worst thing you can do. It will not only not…
The Insurance Institute for Highway Safety crashed a 1959 Chevrolet Bel Air into a 2009 Chevrolet Malibu to ‘celebrate’ their 50th Anniversary. Must have been some party. I wonder whether they planned it or someone had too much fizzy pop. The original video posted to YouTube was here but seems to have been taken down…
Risk in Space. Popular Mechanics has an interesting article on the subject of NASA and risk aversion. It seems that pushing the limits of human endeavour might be at odds with preservation of life. Finding new frontiers, it seems, is a bit risky. Well you could have blown me down with a feather. Aerospace pioneer…
Someone recently asked me what it takes to put together a hit insurance operation in today’s marketplace, so we put together the following recipe… Take the following ingredients and mix well: 500 cups of Market Reach (Online is best, Offline will no longer suffice alone) Make sure you have plenty Agility (insurance is a changing…
Time and again I encounter insurance firms that fail to capitalise on claims loss ratio data. They: Do not have the insurance software tools to view reliable Loss Ratios automatically or quickly across all of their accounts. Are not taking the time to put those tools in place. Are not able to automatically tweak rates…
