Wednesday | 2:55 PM - 3:55 PM

SESSION TITLE

Reaping the Benefits of Rules through SOA and Business Rule Management at Travelers

SPEAKER(s):

Alan Weiss Senior Director Information Systems Travelers Insurance

Brian Stucky Vice President, Knowledge Management InScope Solutions

MAIN FOCUS OF PRESENTATION: Business & IT

FAMILIARITY WITH SUBJECT: Familiar

HOT TOPICS:

ABOUT THIS SESSION:

The primary objective of the Travelers Express effort is to increase profitability of new business policies by improving risk selection and policy pricing. Existing systems were unable to support these functions and could not provide the “best price for the best risks”. Rules were spread throughout legacy applications and resulted in only a small percentage of commercial policies qualifying for straight thru processing (“STP”). Business rules implemented via SOA immediately resulted in nearly 3x more policies qualifying for STP, ability to write more classes of business, and set the foundation for moving rule management to the Travelers business community. What you will learn:

• Actual case study with measurable ROI from the use of business rules.
• Pros and cons to an SOA approach with business rules.
• Thoughts toward moving to business rule management by the business.



ABOUT THE SPEAKER(s):

Alan Weiss is Senior Director of Information Systems for Travelers Insurance where he oversees application development for the Small Commercial marketplace. He is currently focused on leveraging rules based decision making to automate underwriting and pricing for commercial policies. Previously, Alan served as an application development manager for Bell Atlantic (now Verizon) where he led the emerging technology group in their Directory Systems Division. Alan was recently an invited speaker at technical conferences regarding Travelers’ implementation of business rules in a SOA environment.

Brian Stucky is Vice President of Knowledge Management at InScope Solutions, where he brings nearly two decades of experience designing and implementing business rule systems to his role in directing the company’s Business Rule practice. Prior to that, Brian served as the Enterprise Rule Steward at Freddie Mac where he set the business and technology strategy for business rule development across the corporation. In addition to starting two companies that specialized in the development of intelligent systems, Brian works closely with a number of business rule vendors and speaks internationally at conferences and professional events.