Title: Storing too much information in the insurance industry?

Authors: Yoram Eden, Boaz Ronen, Israel Spiegler

Addresses: The College of Management, Academic Studies, Tel Aviv 61480, Israel. ' Faculty of Management, The Leon Recanati Graduate School of Business Administration, Tel Aviv University, Tel Aviv 69978, Israel. ' Faculty of Management, The Leon Recanati Graduate School of Business Administration, Tel Aviv University, Tel Aviv 69978, Israel

Abstract: The paper challenges the premise that all data collected in the insurance industry must be stored in the database. This paper applies a cost/benefit model that allows for testing and assessing of data items currently stored in the database, as well as providing a |to store or not to store| decision policy regarding prospective data. An empirical case study of a life insurance agency is presented through which the ideas are illustrated.

Keywords: cost benefit analysis; database storage; information in process; IIP; life insurance; response time; insurance industry; data storage.

DOI: 10.1504/IJCAT.1996.062307

International Journal of Computer Applications in Technology, 1996 Vol.9 No.2/3, pp.144 - 150

Published online: 03 Jun 2014 *

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