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Conference 35.181::insurance

Title:Insurance Industry Conference
Moderator:ICPSRV::DOVE
Created:Thu Feb 18 1988
Last Modified:Wed Feb 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:136
Total number of notes:551

121.0. "ins. audit outsource possibility?" by HOTWTR::KASSJE (you are here) Tue Apr 09 1991 21:24

    
    
    Looking for a little advice from those in the insurance industry.
    
    Is there opportunity for Digital to provide a service to the 
    insurance industry that will supply it with a resource to audit
    customers' computer rooms?  Companies we sell to, insure computer 
    rooms for thier clients. There must be thousands of computer rooms
    or facilities that need an audit to certify them as insurable or 
    to assess risk. There are few companies in the world to rival DEC's 
    expertise when it comes to computer equipment and facilities. If an 
    insurance company could outsource to us for this service it could 
    reduce thier operating costs in the amount of staff they must keep 
    on hand for such purposes. And in these times that's a definite 
    selling point.
    
    Probably a little simplistic to most of you but what are the 
    drawbacks in all of this? (try not to talk all at once I'm
    a slow reader!{vogonball})
    
    jk
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121.1POCUS::OHARAThe Mysterious BagmanMon Apr 15 1991 08:588
Companies which insure large property risks usually employ specialized 
engineers who evaluate the property for such things as structual integrity,
fire prevention, etc.  I would believe these same people would be more than
capable of evaluating the construction of a computer facility.  I don't
know what added value Digital could bring to the table, other than advise
the client as to what additional environmental protection we could offer.

Bob
121.2expanding on that...HOTWTR::KASSJEyou are hereTue Apr 16 1991 15:0119
    
    Thanks for the reply Bob,
    
    A possible added value would be using us as a resouce for that type of
    evaluation. This would enable them to reduce that staff cutting thier
    operating costs. We have engineers located at the district level that
    can provide these services along with their usual retinue.
    
    A recent missed opportunity was a request from AMOCO oil to have their
    computer room audited. They needed an independent party to do the
    audit. The request came from their headquarters. I believe we lost the
    bid due to bad costing but the buisness is there. Perhaps the buisness
    would not come from the insurance companies but it seems like a good
    place to start. What I'm getting at and what I'd like to see is a
    new revenue souce that Digital can add with no initial investment.
    
    Again thanks for the advice and ANY comments are welcome!
    
    Jeff