The THiNK Blog

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The Project Manager & Business Analyst’s Guide to Conducting an Initial Requirements Overview

Aug 5, 2016 3:04:22 PM / by Rahul Jindal posted in Consulting, Insurance, Expert Articles

Have you ever seen the movie Titanic? Think of the scene when the ship is approaching the iceberg – at the last second they think they’ve dodged it because on the surface it’s not that big. However little do they know, what lies beneath has a significant impact on the ship (and their fate). So what does this have to do with business analysts and planning requirements? Well, in my line of work, a question that I get asked all the time is; “when can a project manager or business analyst confidently say that all the necessary requirements for a given project are complete and fully understood by everyone”?

Unfortunately, the answer isn’t always simple because while a project may seem fairly straight forward on the surface – there is a lot going on underneath to make it happen. And it can turn into a shipwreck, if the right planning is not put in place. Often times, projects have a fairly indistinct approach and thoughts of the project team are continuously evolving.

So in an attempt to answer this pivotal question, the objective of this blog post is to provide project managers and business analysts with an understanding of what lies beneath; i.e., the project’s requirements. And what better way to do this than with an easy to follow, three-question guide to getting your team on the right track?!

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A Tip on Training your Sales Team - Closing to a No

Aug 16, 2013 9:00:00 AM / by Doug Paul posted in Insurance, Consulting, Sales, Marketing

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Blog Series: Why Should I Consider Life & Health Underwriting Outsourcing?

Jul 24, 2013 11:00:00 AM / by Simon Bell posted in Underwriting, Insurance, Outsourcing, Consulting, Industry News

A question we are often faced with is - Why would I outsource my life and health underwriting, isn't that core to my business?

When companies are looking to plan ahead, they come to us for the first time to seek advice on conducting an underwriting capabilities review.  

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Underwriting Audits, it's Not Just About the Underwriting File - 4 Key Questions to Ask When Hiring an Auditor

Dec 19, 2012 3:00:00 PM / by Simon Bell posted in Underwriting, Audit, Outsourcing, Consulting

You’ve decided that you need to get outside experts involved in your underwriting auditing process, or any auditing process for that matter. There are a few key questions you should be asking when hiring external experts to assist you (note, these questions work for claims and administration audits too). 

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Operational Considerations in a Closed Block Conversion

Sep 27, 2012 1:00:00 PM / by Chris Murumets posted in Insurance, Consulting, Outsourcing, Industry News

As an organization we have been involved in the reinsurance component of many closed block transactions. 

In some cases we convert the business into our outsourcing environment and in other instances we simply “dial in” to our clients technology reducing the time and cost of conversion.  Regardless of the conversion approach there are several operational risk items that should be considered.  Over the coming months many of your favourite LOGiQ3’ers will comment on each of these in more detail, however I wanted to get the highlights out for all to consider given there is so much activity in this space now. Here are a few things to keep in mind:

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LOGiQ3 attends Profit 200 CEO Summit - Toronto 11th June

Jul 3, 2012 7:52:00 AM / by Simon Bell posted in Insurance, Consulting, Outsourcing, Press Releases, Marketing

So we made the list again, 3 years in a row, which is testament to the hard work of everyone at LOGiQ3 and the support of our partners, advisors and clients. 

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What is Important about Outsourcing in Insurance and Reinsurance?

Apr 28, 2011 12:28:00 PM / by Chris Murumets posted in Insurance, Consulting, Outsourcing, Industry News, Insurance Distribution

Yes, this can come across as self-serving. I lead an outsourcing company, writing an article about why outsourcing is a good thing!

However, I still want to provide a few thoughts on what I believe is “the right” way to do it or, at a minimum, what I believe the key attributes are in an insurance industry outsourcing relationship.

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