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The Transformation of the Core
Has the build vs. buy question really changed that much? About 10 years ago, I penned an article on how to derive a decision between build vs. buy (or blend) in insurance core systems. At the time, the focus was primarily on P&C claims solutions since only a few technology providers had anything robust enough from the buy solution side that could compare with building a solution. In most cases, a blend solution became more of a reality with insurers buying solutions that cove
The Attraction of Blockchain
Insurance carriers are coming to understand the value blockchain brings to the enterprise. Blockchain is a game changer for the insurance industry. The underlying technology used for bitcoin, blockchain is a distributed, immutable digital ledger that records transaction history in the form of blocks and has a timestamp linked to previous or subsequent blocks. Transactions are digitally signed ensuring integrity, validity, and authenticity. The transaction/block is then distri
