Is535 Essay

2185 Words 9 Pages
Computerizing a Paper System: Introducing Electronic Data Interchange to AIG

Tamaerra Lodge
IS535ON_J
Professor Brooke
January 22, 2012

Table of Contents

Proposal

Topic……………………………………………………………1

Business Problem……………………………………………....1

Benefits to Organization………………………………………...2

Business and Technological Approaches……………………….2

Audience………………………………………………………..3

Milestone 1

Restating the Problem……………….…………………………..4

Company Background………………..…………………………4

Business Issues…………………………………………………5

Benefits of Electronic Data……………………………………...5

Initial Business/Technical Approach …………………………...6

High Level Solution…………………………………………….7

References……………………………………………………………...8
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Some companies send their list in spreadsheet form, others simply just type it in a word document. The manager of the department receives the list of automobiles to be quoted first. It then goes to the risk analyst, upstairs for data processing, back to the risk analyst and finally to the underwriter to give an estimated quote back to the manager. This process can be very timely because of the many hands it travels through and the number of vehicles a company may have. Multiple quotes come in daily from different businesses wanting to quote not only CA but worker's compensation and general liability as well. Some companies want their quote same day and others may give a week to provide
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a quote. The data entry department not only quotes for the risk management department but for other departments in the company as well. It can take up to two weeks for this process to be completed. The amount of time the client has to wait for a final quote would allow other competitors to submit quotes before AIG .

Organization Benefits If AIG had a more efficient way of rating their commercial auto policies, they would be able to send out quotes faster. They would also be able to quote multiple businesses in a given time frame because of how quickly they could get the ratings back to their clients. This can result in other companies referring AIG because they will be known to deliver faster quotes than their competitors. AIG would have an advantage over

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