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Skills shortage fears for mainframe computing

Posted by Mike on Monday, September 26, 2011 - 300 views

The large-scale mainframe computers that run banks, insurance companies and government departments are being maintained by an ageing workforce and a skills shortage is looming.

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IBM Delivers the First zEnterprise Mainframe to Re-insurance Firm Swiss Re

Posted by Mike on Wednesday, September 29, 2010 - 238 views

IBM (NYSE: IBM) today announced it has shipped the first two generally available IBM zEnterprise 196 mainframe systems to Swiss Re, one of the world’s largest reinsurers.

The zEnterprise 196, which was announced on July 22 and became generally available on September 10, 2010, has already been selected by a range of financial services companies, retailers and manufacturers around the world, including in the United States, Switzerland, Sweden, Mexico, Germany, Italy, France, Denmark, Japan, Brazil and Canada.

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Insurance comparison websites create IT headaches

Posted by Mike on Thursday, September 16, 2010 - 125 views

“Companies already have quotation engines that generate insurance quotes [internally], but these are often part of older systems, very often on mainframe computers and embedded in processes used by sales and customer service staff.”

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Do Insurance Systems Suffer from a Legacy of Bad Decisions?

Posted by Mike on Tuesday, August 25, 2009 - 203 views

… the insurance practice at Novarica, wrote in a responding post that “the problem with Mainframe/COBOL systems is not that they’re bad at what they do. … MORE

Benefits Outweigh Costs for Modernizing Legacy Systems

Posted by Mike on Tuesday, April 28, 2009 - 307 views

There is little doubt that modern, automated insurance systems can do jobs faster, easier and less expensively than outdated legacy systems, but some significant challenges face insurers who elect to modernize their enterprises.

More here.