Over the past decade, tooling has become an attractive option for both insurers and software vendors as a way to create customized solutions. However, like any overused buzzword, “tooling” has many meanings, covering a broad range of solutions to a broad set of problems.
Executive Summary
Insurity's Jeff Reilly gives an overview of the various categories of software development tools, and explains how insurers can evaluate their readiness to implement them.While tooling may be a viable approach for most insurers, it is a complicated endeavor requiring a big-picture view to understand the tooling options, determine which is most appropriate, and evaluate the skills required—whether from the vendor, the insurance company, or a combination.
