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HOME  ::  NEWS  ::  ARCHIVE  ::  JUN 2007

:: Web Services and SOA News ::

SOA underwrites insurance firms

The research firm has carried out a study of the US insurance industry that has highlighted the need for firms to move to an SOA. It gives plenty of lessons for UK IT directors, said Mark Gorman, strategic research adviser for insurance at TowerGroup. If anything, the UK is probably more in need of SOA than the US, he says.

According to TowerGroup, an SOA lends itself to the insurance industry, which relies on legacy systems made up of disparate product engines and databases.

Legacy IT systems do not allow insurance firms to respond rapidly to changing consumer demands with new products and new routes to market. They also make it difficult for insurers to improve the buying experience of customers and agents.

read more on Computer Weekly

[Friday, June 15, 2007]



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