Insurance Data Management Specialists...
Insurance Systems Expertise...
Global Markets Data Integration Capabilities...
Scyllogis Consulting provides data management consultancy exclusively for the exacting and specialised demands of the Insurance industry.
Our reputation for responsive, collaborative and effective data management consultancy has been gained by working with clients in all sectors of both the Insurance and Reinsurance industry, spread across a wide range of geographic markets, to implement and manage business-critical IT programmes.
Our concentration within the Insurance and Reinsurance sectors ensures our consultants’ experience has been acquired, and is continuously developing, within this highly specialised market, with particular emphasis on the data technologies required to enable London Market Reform and Insurance Electronic Trading.
Scyllogis’ other areas of specialisation include Insurance software development and Insurance systems integration utilising ACORD message standards wherever possible.
Whilst Scyllogis remains independent from any specific software vendor, we have built up strong capabilities implementing Insurance applications including GENIUS, i/90, Open Box+ , Open Co+ and Iris amongst many others and their integration with other enterprise systems or external trading partners.
The ongoing engagement of Scyllogis on global market projects ensures a combination of sector understanding and experience of its practical application around the world. This marks out Scyllogis as a uniquely capable and valuable enterprise partner.
We consider that the successful realisation of
any data management project is best achieved when the indigenous
resources of the commissioning company are complemented and supported by
the requisite skills of a specialist Insurance Data Management
Consultancy.
Scyllogis works in close partnership with our customers, taking full responsibility for each area of all project sassigned to us. Every one of our team members
is able to provide the technical abilities, industry knowledge and
workplace skills necessary to assume this role on our behalf.
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This article was written by Frank Petersmark, and is reproduced courtesy of ACORD
CIOs must be more like the ant than the grasshopper.
In Aesop’s fable, “The Ant and the Grasshopper,” the frugal ant laid up food for winter and survived when it got cold. The grasshopper didn’t and died when its food ran out.
Today’s CIOs must be more like the ant, but they also need a bit of grasshopper in them. They must balance the need their organizations have for immediate and impactful value from IT, while at the same time building the business technology foundation that will insure long-term business value and capabilities.
In today’s hypercompetitive marketplaces, CEOs, CFOs and CIOs have to be
convinced that their business technology investments and environments
will produce real business advantages for them, over the short and long
term. These leaders increasingly recognize the value in employing a
well-conceived and constructed enterprise architecture as a necessary
prerequisite for the success of any major investment or project. In the
same way that no builder worth his salt would erect a building without
an architectural blueprint, no CIO should put their organization or
themselves at risk without an architectural technology blueprint to
serve as a guiding light.
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This article is reproduced courtesy of Michael Carroll, ACORD
In late-2011, a new ACORD group formed in Bermuda to take on the issues of efficiency, eBusiness, and Standards. While under the auspices of ACORD, the group adopted the name Bermuda Ruschlikon Steering Committee and shares the same goals as the Ruschlikon Group in Europe and the US Reinsurance Committee.
Bermuda's insurance and reinsurance market have risen rapidly over the past decade. According to the Bermuda Monetary Authority in February: "the Bermuda insurance market remained resilient in 2011 and continued to absorb the impact of market issues, including a continued softening of prices, low interest rates and above-average losses from natural catastrophes."
They went on to quote Shelby Weldon, Director, Insurance Licensing &
Authorizations who stated: "The latest available statistics show the
Bermuda insurance market achieved
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Partnership will help London Market firms achieve optimum operating model by taking greater advantage of emerging technologies.
Scyllogis Consulting are pleased to announce the formation of a strategic partnership with Amethyst Business Consultancy, a provider of bespoke broker operations and management consultancy, that will result in the establishment of a an enhanced broker operations service offering, based on the Insurance technology expertise of Scyllogis collaborating with the London market operations experience of Amethyst.
Scyllogis Consulting has built a strong reputation as a market leading,
product-impartial provider of technology and data management consultancy
services specifically for the global (re)Insurance markets. Forming a
partnership with Amethyst demonstrates the perceived synergy and high
regard Scyllogis has for Amethyst’s services portfolio, delivery
capability and their corporate ethos.
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Informa’s Insurance Day Summit is taking place this year at The Grange Tower Bridge Hotel, London on 15 & 16 May 2012. The line-up is already shaping up to be the most distinguished in its seven year history. Delegates can expect to gain strategic advice from a host of top industry executives and political figures on a number of risk areas; including how to ensure continuing operational efficiency while meeting the challenges posed by evolving regulatory regimes; improving underwriting performance against the backdrop of the continuing economic downturn.
This year the head of the UK's insurance industry-funded fraud investigation unit is to deliver a keynote speech at the Summit. Detective Chief Inspector David Wood, who heads up a 34-strong team at the City of London Police's insurance fraud enforcement department, will outline how the unit has progressed since it launched with a blaze of activity at the start of this year, racking up three sets of arrests in its first four days of operation.
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