New York, NY, USA
Chicago, IL, USA
October 18, 2007 Insurance
Networking News, Celent Partner on Technology Solutions Awards Program
Report Published by Celent
Insurance Networking News (INN) and Celent,
LLC announce a partnership to deliver INN's second annual ranking of
technology solution providers to the insurance industry, including several
enhancements to last year's program.
This second annual ranking, called the
Insurance Networking News VIP Awards, will be based on a survey of
executives and staff from North American insurance companies, including
property/casualty, life/health -- and new this year -- reinsurance. These
insurers will identify their preferred technology providers in several
categories, such as enterprise platforms, point solutions, platform
technologies and services. Also new to the second annual program will be
additional rankings by respondent type.
The 2008 INN VIP Award winners will be
determined solely by insurance carriers, brokers, managing general agents
and agents. In partnership with Insurance Networking News, Celent, the
most respected source of independent insurance technology and business
research and advisory services, will conduct and manage the program's
survey distribution, data collection and analysis.
In Part II of the INN VIP Awards program,
the top-ranked solution providers will be offered an opportunity to
nominate an insurance carrier customer as a "visionary" for its
use of a specific technology, and is encouraged to illustrate the role, if
feasible, that ACORD data standards plays as part of their business and
technology success story. INN's readers, its Editorial Advisory Board, and
Celent's top insurance research analyst will determine the top-ranked
technology best practice in action.
"The INN VIP Awards program will
provide an important perspective that will contribute to insurance company
technology decisions," says Matthew
Josefowicz, managing director of Celent's insurance practice. "We
hope that the structure of this year's survey, with categories based on
respondent type as well as technology categories, will make the results
even more useful for INN's readers."
For readers of Insurance Networking News
who depend on the publication as the independent authority on information
on how technology supports insurers' business strategies, the 2008 INN VIP
Awards ranking and its accompanying analysis will provide insights into
the leading technology solution providers across multiple categories.
"This year's enhanced program reflects
an honest and factual assessment of the technology solution provider
landscape," says Pat Speer, editor-in-chief, Insurance Networking
News. "Equally important, the enhanced INN VIP Awards program evokes
the necessary discussion of the 'why' behind the ranking. By including a
critical educational component, such as how ACORD standards have helped
facilitate the leading technology's application success, insurers can map
to their own success."
Winners of this second annual ranking will
be recognized at an exclusive black-tie event held in conjunction with the
ACORD LOMA Insurance Systems Forum in Las Vegas in May 2008, and will be
featured in a Special Report by Insurance Networking News in the June 2008
issue. This Special Report will include bonus distribution at both the
ACORD LOMA Insurance Systems Forum in Las Vegas and the IASA Educational
Conference & Business Show in Seattle. The INN VIP Awards ceremony
will also be broadcast on the INN NewsCast.
"We are delighted to work with
Celent," says Speer. "Celent's research and advisory
professionals represent exceptional industry acumen, which means our
readers and the industry at large will have direct access to the knowledge
and expertise generated as part of our collective research efforts."
With six senior-level analysts in the
United States, and three covering Asia and Europe, Celent's breadth and
depth of insurance technology experience dates back to 2001. Celent is the
only analyst firm to publish comprehensive reports on insurance software
sales volumes and in-depth rankings of vendor software. Celent also
publishes the widely read annual CIO survey and popular Model Carrier
report, making the firm uniquely positioned to understand the buyer's side
of the industry's highly competitive landscape.
Contact Josefowicz directly via email at mjosefowicz@celent.com
if you have questions about the INN VIP Awards ranking, or wish to
participate in the survey. To participate, please go to www.insurancenetworking.com
Technology solution providers seeking more
information about the Insurance Networking News' VIP Awards, or
information about how to post the survey link on their Web sites, can
contact Holli Gronset at holli.gronset@sourcemedia.com
or 312-983-6178.
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