Aon's Wired for Growth Wins First Insurance Innovators Award; Virtual Risk Manager Helps Firm Build Market Share in Emerging High-Tech Sector.Business Editors, High-Tech Writers CHICAGO--(BUSINESS WIRE)--Sept. 20, 2002 Aon announces that the First Insurance Innovators Award, created by industry thought leaders InSystems, META Group and Insurance & Technology to recognize outstanding use of Internet technologies to improve business relationships, has been awarded to Aon and its Wired for Growth(TM) program. The Aon Wired for Growth(TM) team received the Insurance Innovators Award this summer at the IASA IASA IETF Administrative Support Activity IASA International Association of Software Architects IASA International Association of Sound and Audiovisual Archives (also seen as IASAA) IASA International Aviation Safety Assessment Annual Educational Conference & Business Show in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Aon's Wired for Growth(TM) (www.wiredforgrowth.com) is the first Web-enabled virtual risk manager, which provides growth-cycle specific insurance products and services through an electronic platform. The site targets pre-IPO, venture-backed, emerging technology-related entities, and enables navigation by specific business event, finance and audit event. Aon has produced more than 425 new accounts through Wired for Growth(TM) since its July 2001 launch. Wired for Growth(TM), part of Aon's technology risk group, has a dedicated staff of professionals that serve the emerging technology industry. These services supplement their general risk consulting services, which focus on strategic risk management advice for technology businesses of all sizes. Wired for Growth(TM) is an example of industry-focused leadership from Aon. The initiative was led by Julie K. Davis, director of Wired for Growth(TM), along with product development efforts from the Aon technology team of Steve Keogh and Patrick Donnelly Patrick Donnelly is also known as The Bard Of Armagh. Born in Desertcreaght, Cookstown, County Tyrone in 1650. Died 1716.
Among the criteria for determining this year's winner were the following:
-- Led development of new products/processes around the Internet;
-- Led use of the Internet to improve relationships with
customers, distribution channel partners and regulators;
-- Initiated use of the Internet to stimulate new business
opportunities; and
-- Achieve cost reductions and productivity gains through
Internet-based processes.
The Insurance Innovators Award judging panel agreed that, while many of the more than 70 entries were outstanding, Aon's Wired for Growth(TM) was particularly innovative and successful. "Aon has gone into a market owned by other players and provided new technology-based services that the other players don't provide," commented META Group's Judy Johnson
Johnson was born in Snow Hill, Maryland. , vice president, insurance information strategies. Her META Group colleague, Program Director, Insurance Information Strategies, Chuck Johnston, added, "It provides an innovative function not available anywhere else." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Andrew Jackson, senior vice president, marketing, InSystems, the team behind Aon's Wired for Growth(TM) "clearly understands the requirements of the marketplace they have targeted. They have achieved amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. results." Added Katherine Burger, editorial director, Insurance & Technology, "At a time when budget pressures are creating a chilling effect  This article or section may deal primarily with the U.S. and may not present a worldwide view. at many insurance IT
organizations, Aon's Wired for Growth(TM) shows how technology
innovation can truly provide a competitive edge."To submit an entry for the 2003 Insurance Innovators Award, visit the InSystems Web site, at www.insystems.com. Applicaton deadline for the next award is April 1, 2003. About Aon Corporation Aon Corporation (http://www.aon.com) is a holding company that is comprised of a family of insurance brokerage, consulting and insurance underwriting subsidiaries. About InSystems InSystems is the first provider of insurance portal software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. and a leading provider of document automation solutions. Only by using InSystems e-business software can financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. organizations deliver web-based personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. sales, fulfillment, and service capabilities across all of their relationships, boosting efficiency, decreasing costs, improving service and increasing revenues. Founded in 1989 and based in Toronto, Canada, InSystems www.insystems.com has more than 350 insurance customers in 24 countries, including over 50 of the largest insurance groups in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and over 55,000 life insurance agents and agencies. About Insurance & Technology Insurance and Technology's core mission is to deliver critical technology strategy and infrastructure information to the industry's business and technology elite. Insurance & Technology provides high-quality, though-leading coverage in print (Insurance & Technology magazine), online (www.insurancetech.com and Insurance & Technology News, I&T's bi-weekly e-mail newsletter) and face-to-face events (topical and custom conferences), including the Executive Summit and the Leadership Forum series. The Insurance & Technology portfolio is published by CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information Media LLC's Business Technology Group, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of United Business Media. About META Group META Group is a leading research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , focusing on information technology and business transformation strategies. Delivering objective, consistent, and actionable guidance, META Group enables organizations to innovate more rapidly and effectively. Its unique collaborative models help clients succeed by building speed, agility and value into their IT and business systems and processes. Connect with www.metagroup.com for more details. |
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