2011 Top 10 Insurance Companies Predictions

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2011 Top 10 Insurance Companies PredictionsThis article presents you the predictions on 10 key areas that will be critical strategic differentiators for the insurance industry in 2011. The article incorporates information and perspectives gleaned from interactions with insurers and technology vendors across this region, supplemented with the extensive industry knowledge.

Besides providing insurers with an indication on what fellow peers are focusing resources on to revolutionize their business strategies and architecture, this article also guides vendors with a clearer comprehension of how best to position their offerings to complement insurers' organizational priorities.

Predictions

Prediction #1: Alternative Distribution Channels Will Get Further Enhanced
Prediction #2: Managing the Agency Distribution Network Will Become a Critical Competency in 2011
Prediction #3: Data Integration and Management Will Shift to High Gear
Prediction #4. More Customer-Centric Undertakings Will Be Launched
Prediction #5: Insurers Will Take On Process Improvement Initiatives
Prediction #6: Core Agility Enhancements Will Continue
Prediction #7: Insurers Will Ramp Up on Fraud Management
Prediction #8: Innovation Will Bloom with "Products of the Day"
Prediction #9: Insurers Will Adopt Alternative IT Delivery Models
Prediction #10: Carriers Will Place More Rigor on Compliance and Risk Mitigation

Top 10 List

No.1 Allstate
No.2 State Farm
No.3 Prudential
No.4 AFA
No.5 Farmers
No.6 Travelers
No.7 MetLife
No.8 The Hartford
No.9 AIG
No.10 Mass Mutual

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