20 Questions to Ask Insurance Technology Vendors: A Guide for Insurance Executives
| New York, NY, USA February 26, 2003 |
20 Questions to Ask Your Insurance Technology Vendor
More insurers are choosing to buy rather than build technology solutions whenever possible. Celent痴 latest report offers 20 questions as a guide to evaluating prospective technology suppliers.
In order to maximize the value of the time spent evaluating external technology solutions and the returns on investment in these solutions, Celent痴 latest report, "20 Questions to Ask Your Insurance Technology Vendor," provides a brief overview of key issues to address in discussions with potential vendors.
"Many executives may find themselves sitting through vendor presentations that do not address their concerns, and many others may not have a clear idea of what their concerns should be in the first place,"says Matthew Josefowicz, author of the report and manager of Celent痴 insurance group. "Having a clear understanding of the problem to be solved, the capabilities and true cost of the solution, the resources of the supplier, and process of implementing the solution is critical to making a successful technology investment."
The report provides a set of questions to guide insurance executives in evaluating new technology solutions providers. The questions are divided into four key areas, as listed in the table below:
of Celent Communications' Life/Health Insurance and Property/Casualty Insurance research services can download the report electronically by clicking on the icon to the left. Non-members should contact firstname.lastname@example.org for more information.