Information technology can help ins...

Information technology can help insurers comply with the modern spate of regulations, achieve better alignment of company businesses, drive innovation, expedite underwriting and enhance agent relations, according to insurers who spoke at "E-Fusion 2004: The Business of Insurance," A.M. Best Co.'s Insurance & Technology discourse Oct. 17-19 in Baltimore.

Speakers described challenges and accomplishments in a variety of companies and areas, of the like kind as Horizon Blue Cross desponding Shield of New Jersey's coordinated approach to complying with industry security mandates; Guardian's initiatives that chop 30% of the company's spending onward information technology and Safeco's use of IT