Financial Services Industry
Industry: Email Alert RSS FeedA Claims--IT pocket dictionary: Even though claims and IT use the same words, they aren't always speaking the same language. Translation can spell the difference between project success and failure.(Claims technology: special supplement)
Claims, July, 2004 by Quinley, Kevin M.
George Bernard Shaw once described the United States and the United Kingdom as "two great peoples divided by a common language." To a certain degree, we similarly could describe communications gaps often present between information technology folks and claims professionals.
IT people speak of bits and bytes. Claims people talk of reserves and incurred, IBNR and RTW. IT folks work with networks. To adjusters, "network" is a verb, something they do at monthly claims association meetings.
Given differences in nomenclature, training, and background, how can IT professionals and claims people bridge the communications gap?
Adjusters and information technology professionals can collaborate better if riley share a mutual appreciation and under...
Brought to you by CBS MoneyWatch.com
- 10 Best Places to Retire
- Companies with the Best 401(k) Plans
- Most Important Document for Your Heirs? It's Not Your Will
- Video: Should You Expect to Retire Rich?
- Over 50? Here's How to Get (and Keep) a Great Job
Most Recent Business Articles
- Your feedback
- Why fly solo when an executive assistant can accelerate your CLNC® business?
- The CLNC® mentors held the key to my first case and to my CLNC® success
- Atlanta CLNC® 6-day certification seminar photo galleryplus sign up today for spring 2009 to save $100.00
- Announcing the 2009 NACLNC® conference keynote speaker, Stedman Graham: move like a maverick for breakaway CLNC® success at the 2009 NACLNC® conference
Most Recent Business Publications
Most Popular Business Articles
- Using object-oriented analysis and design over traditional structured analysis and design
- Big Fish Games Migrates Upstream to Fisher Plaza; High Growth Online Gaming Firm Vaults Fisher Plaza Occupancy Rate Above 90%
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Sand filter basics: high-rate sand filters can be confusing for those new to the business. Understanding valve modes is the key
- BEHR Paints Introduces a Colorful New Way to Paint and Prime All in One with BEHR Premium Plus Ultra™ Interior

