Skip to main content

IBM Rational solutions for Insurance

Rational software
Software innovation for insurance, Managing mergers, acquisitions and divestitures, Register for the white paper

Insurance providers today need to address changing requirements of a highly aware customer group. Providing customized offerings and ensuring a better customer experience, while ensuring compliance with a large number of dynamic regulations are key requisites for staying competitive.

Responsiveness and flexibility of IT systems becomes crucial to the ability to offer client-centric products and services for competitive advantage.

To enable Insurance companies to provide a better customer experience with high quality solutions, IBM Rational helps:

  • Manage the complexities of multiple systems, technologies and functions supported by IT

  • Ensure that business priorities are delivered with quality and efficiency

  • Manage risk by supporting implementation of compliance to regulatory requirements

  • Reduce maintenance costs to help fund innovation

Optimize, consolidate and transform core systems

A recent IBM global survey shows that nearly 90% of financial organizations believe that transforming from the status quo is critical to profitability. Additionally, it was discovered that as much as 66% of IT budgets are spent on application maintenance. IBM Rational solutions for core system transformation help our Financial Services customers develop the agility required to plan and execute portfolio and business strategies to reduce operational complexity and operating costs.

Learn more:

Increase your business agility through integrated software development and delivery

At a time when there is an increased focus on reducing costs, increasing business agility, improving customer satisfaction and complying with regulations, streamlining software development and delivery is often a key initiative. The IBM Rational solutions for software development and delivery enable customers to increase their business agility through integrated and collaborative tooling and best practices that support the entire software development lifecycle from requirements to deployment.

Learn more:

Balance regulatory compliance and business innovation opportunities

New regulations, such as Solvency II have a significant and broad impact on Insurance companies world-wide. Companies are finding that legal and regulatory compliance costs are soaring while the effectiveness of traditional methods of compliance management are declining, giving rise to huge fines, penalties, awards and settlements. IBM Rational solutions for compliance help you to understand the impact, streamline the planning and accelerate the execution of compliance and business initiatives.

Learn more:

Reduce the costs and time to develop innovative mobile solutions

Reduce the costs and timeOver the last few years, the mobile and wireless market has been one of the fastest growing markets in the world. Mobile application development is expected to exceed other platforms by 2015 and today, there are now more than 6.8 million developers worldwide developing wireless applications. Financial Services organizations are finding that these new technologies represent increased opportunities and business models for their customers. It is enabling them to extend their customer reach and enhance their business differentiation.

Learn more:

Back to top

Where Rational products help you

Rational Asset Analyzer: Assists IT personnel with the maintenance, extension, and reuse of existing mainframe and web applications in modernization efforts such as SOA

Rational Asset Manager: Enables organizations to catalogue, organize, use, reuse, manage and report on any type of asset

Rational Build Forge: Automates and accelerates software assembly processes through ann adaptive execution framework

Rational Developer for System z: Helps make multiplatform application development faster, more efficient, and less costly, and accelerates the development of your Mainframe applications

Rational Focal Point: Provides market and business-driven product and portfolio management, empowering the right decisions to deliver business, customer, and market value

Rational Insight: Enables you to measure, monitor, analyze and trend project and process performance to make the best decisions for your business and for continual process improvements

Rational Quality Manager: Provides a collaborative, integrated hub for test planning, creation, and execution as well as workflow control, tracking, traceability, and metrics for project health

Rational Requirements Composer: Helps teams define and use requirements throughout the project lifecycle

Rational System Architect: Helps you link, consolidate, and analyze information spanning strategy, business architecture, information systems, and technology infrastructure

Rational Team Concert: Provides agile and formal planning, source code management, work item management, build management, and project health

Webcast

Change your business capabilities to meet increasingly complex compliance needs

Whitepaper

Master new and expanding financial services regulations and audits

Enabling the delivery of high-quality financial products and services

This solution brief describes business challenges that financial services companies face and how IBM Rational solutions can help clients align business with IT, manage risk and speed product delivery to accelerate innovation and gain a competitive edge.

Learn more. (205KB)

Transforming financial systems and applications e-Kit

This complimentary e-Kit is a collection of materials that introduces you to IBM Rational® solutions that help financial services institutions (FSIs) transform core systems and applications to meet customer demand.

Learn more.

Customer success stories

Customer success stories

IBM Rational insurance case studies

Chubb Insurance simplifies compliance

#

Learn how Chubb Insurance is able to simplify compliance by embedding it into their everyday business processes.

View the video

Blogs