Scyllogis are committed to keeping ourselves at the forefront of technology developments to ensure consistent delivery of business objectives within the Insurance and Reinsurance sectors.
To do this we regularly contribute to the discussion and debate of important industry issues, and publish white papers and articles in the trade press. Additionally through our website Blog we now aim to further these discussions by continuing to add our perspective and opinions to those of the global Insurance community....
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Wednesday, 22 April 2009 |
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The last ACORD club meeting was a panel debate on e-Accounting. A couple of what I considered to be interesting points emerged that I thought I would share my thoughts on. The first was raised by Dan Lott of LIBM who expressed the opinion that there were four tiers of organisations within the London Market: Tier one were the larger players who have both the resources and the desire to push forward market reform. They tend to have representation on the various committees and are very engaged; Aon are a great example. Tier two is those organisations who have the resources but not the inclination, for what ever reason, to get involved in market reform. Next comes tier three (where Dan saw LIBM) that have the desire and inclination to get involved, but not the resources. Tier four has neither the resources nor the inclination. Dan felt that there is frustration among the tier three that the various reform programmes do not take into account the reality of their available resources.
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Last Updated ( Wednesday, 27 May 2009 )
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Tuesday, 17 February 2009 |
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In the wake of the financial scandal at Indian IT services firm Satyam Computer Services Ltd , customers of any IT outsourcer that runs into trouble should consider renegotiating their IT outsourcing contract, and make sure they have the documentation and staffing needed to take their business elsewhere, experts said this week
Even if a crisis is limited to one provider, CIOs with any outsourcing contracts have work to do, experts said, to make sure their projects or levels of service are uninterrupted. With some significant insurance organisations now turning to outsourcing (ACE being the most recent example) I thought it interesting to replay the advice being put out as a result of the Satyam situation.
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Last Updated ( Wednesday, 27 May 2009 )
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Tuesday, 17 February 2009 |
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According to a new report from Gartner Inc, a US based consultancy, enterprise IT budgets in 2009 are nearly flat, and CIOs must drive business process improvement while creatively using existing resources to advance their organizations' agendas.
Gartner has released the results of its 2009 CIO Agenda survey, which took the pulse of more than 1,500 US CIOs between Sept. 15 (just as news of Lehman Brothers Holdings Inc.'s bankruptcy filing broke and stock markets subsequently tumbled) and Dec. 15, 2008.
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Last Updated ( Wednesday, 27 May 2009 )
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Wednesday, 14 January 2009 |
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In the ‘Lloyd’s Strategic Plan’ document issued recently by Lloyd’s, section 5 – ‘Operating Environment’ was the one I found the most interesting simply because it encompasses Scyllogis’ area of operation, namely the utilisation of technology to improve the efficiency and effectiveness of the insurance organisation. To put this into context, early in the document the following two issues were set out:
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Last Updated ( Wednesday, 14 January 2009 )
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Wednesday, 10 December 2008 |
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“A quiet revolution is underway at Lloyd’s. Brokers and managing agents are taking advantage of new electronic market infrastructure to streamline transactions, lowering their costs and at the same time improving the quality of service to their clients.” So announced Lloyd’s website recently.
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Last Updated ( Wednesday, 27 May 2009 )
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