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Towergroup
Announces New Research - Web Services in Insurance
TowerGroup's Insurance service has just published new research on
the use of Web services in the insurance industry.
The use of Web services within the financial services industry
has received a lot of attention recently, but it should not be regarded
as another Web fad or attempt by vendors to repackage existing technology.
Web services technology is an emerging information technology mechanism
that can provide the communications standards and reusable tools
needed to create connections between information system platforms.
The technology has the power and capability necessary to enhance
an insurance carrier's e-strategy-and most importantly, to deliver
virtually seamless automation of the many components in the insurance
process.
In this research, TowerGroup:
- Explores the benefits of using Web services in the insurance
industry and how insurance carriers can move toward an e-enablement
strategy.
- Examines the standards and organizations behind the mechanisms
driving Web services technology.
- Cites examples of how insurers can effectively deploy Web services
technology.
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