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May 21, 2007
Microsoft Releases Insurance Value Chain Scenarios and Live
Demos
REDMOND, Wash. — May 21, 2007 — Giving insurance
customers a head start toward developing applications that solve
key business issues, Microsoft Corp. today announced it has
released new self-running demos, business solution documents and other
updated content as part of its Insurance Value Chain
(IVC) initiative.
Available for download on the MSDN® developer network
Web site, the business solution documents focus on the
common workflow areas of new business origination for commercial
auto, annuities and policy renewal. Also available are self-running
animated demos for these core areas, as well as
a white paper discussing both the IVC and Microsoft’s
technical and architectural agenda for the insurance industry.
“This hands-on
guidance helps insurance architects and developers create service-oriented architectures
and deploy pre-integrated software applications around core insurance business
processes,” said Dan Woodman, technology strategist for the U.S.
insurance industry at Microsoft. “The goal of the IVC
is to enable innovation, choice and competitive differentiation —
without requiring a massive ‘rip-and-replace’ or expensive consulting engagement.”
The
new content on MSDN builds on Microsoft’s announcement of
the Insurance Value Chain Architecture Framework (IVCAF) v1.0 at
last year’s ACORD LOMA Insurance Systems Forum. The IVCAF
is an industry-standards-based approach that delivers a library of
integrations and prescriptive guidance on the development of straight-through
processing, enabling workflow across multiple insurance applications — on
or off the Microsoft® platform.
Microsoft’s IVCAF reduces the time
and cost required by insurance customers attempting to integrate
core line-of-business applications for cross-enterprise workflows. It also assists
customers in selecting and purchasing best-of-breed products from more
than 60 industry partners in Microsoft’s growing insurance partner
ecosystem versus a top-down, proprietary approach from a single
vendor.
More information about the IVC program can be found
at http://www.microsoft.com/industry/financialservices/insurance/businessvalue/default.mspx. Those interested can download the self-running demos,
business solution documents and other updated content at the
MSDN Web site at http://msdn.microsoft.com/architecture/insurance.
About the Microsoft Insurance
Value Chain Program
Microsoft’s IVC program is a growing ecosystem
of insurance partners that address key solution areas across
the industry — from point-of-sale and service to policy
administration and claims processing — by leveraging Microsoft’s core
strengths in front- and back-office technologies. The IVC program
has grown from a handful of insurance application partners
to more than 60 insurance solution and service providers,
with the common goal of providing innovative, straight-through processing
for insurance on the Microsoft platform using Web services,
Extensible Markup Language (XML) and industry-specific standards.
Companies supporting the
Microsoft IVC program include Accenture, Acrosoft Corp., AdminServer Inc.,
AMS, AQS Inc., Avanade, BearingPoint Inc., Blue Frog Solutions,
Bluebook International Inc., ClickSoftware, ComplianceArchitech, CSSI, Decision Research Corp.,
Dexterra, DSPA Software Inc., Duck Creek Technologies Inc., EDS
Solcorp, EXIGIS, Fair Isaac, Fiserv Insurance Solutions, GlobeNet Technologies
Inc., GRT, HP, IBS, IDP, Impact Technologies Group Inc.,
Infosys, Infusion Development, Injury Sciences LLC, INSTEC, Insurance Technologies
Inc., Insuresoft, Insurity Inc., ISO Insurance Technology Solutions, Itemfield,
Majesco, Meridio, Micro Focus, Mobitor, Moore Stephens Business Solutions
LLC, NEON Systems, NIIT Technologies, OutlookSoft, Professional Data Management
Again, Perceptive Software Inc., Portrait Software, Princeton Financial Systems,
ProcessClaims Inc., RDA Corp., Riskclick Inc., RiverPoint Group LLC,
RMS, Rolling Thunder, SAP, Satyam, SceneGenesis, Skywire Software, Solcorp,
SunGard Insurance Systems, Symbility Solutions, Transact One Corp., Wildnet
Group, XDimensional Technologies (XDTI) Inc. and others.
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