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Technology Strategies
for Insurance Leaders
AS FARMERS' NEW CIO, FRANKLIN FOCUSES ON EFFICIENCY
By Anthony O'Donnell, InsuranceTech
Mar 26, 2003 (9:58 AM)
URL:
http://www.insurancetech.com/story/news/IST20030326S0007
Jan Franklin, a 25-year veteran of Farmers Insurance
Group, has been appointed CIO for the Los Angeles-based
carrier, following the promotion of Cecilia Claudio to
CIO for continental Europe for Zurich Financial Services
(Farmers' parent company). Among Franklin's top
priorities in her new role will be to identify
efficiency opportunities. "We're looking at how we can
run our back office and infrastructure much more
efficiently than we do today," she says. "I'll be
looking to see how I can drive more cost out of the
utility side of IT. One of the areas that Farmers will
continue to focus "relates to service, not only to our
approximately 14,000 agents, but also to the 40,000 to
50,000 people who work in their offices," she says. The
carrier has been working to help agents transition from
the "green screen" world to Web-based options, and
***Farmers is currently building a new marketing
management system for its independent distribution
force.***????????????
An emphasis on efficiency will also inform another
priority: Farmers' focus on the quality of customer
experience, according to Franklin. "We provide our
customers with results -- daily, weekly and monthly
scorecards -- and we are currently going through a
review to ensure that we're performing to customer
expectations and to see if we are measuring the right
things," Franklin explains. "Part of that is considering
what efficiency opportunities we have. We have to make
sure that we aren't over-delivering. If a customer
doesn't really expect something in, say, half a second,
we may reconsider providing it if we can achieve a
significant savings. "A 25-year veteran of Farmers,
Franklin has been in technology posts for nearly her
entire career. "I've held various roles in technology,
both on the application and infrastructure side," she
says. Having been chief operating officer for IT,
Franklin reports, "about a year-and-a-half ago I took a
sort of side step into the business side to expand my
growth -- so that potentially I could be looking at a
senior position on the business side, and also to better
quality me for CIO: to see truly the impact that IT has
on the business and to see some of the opportunities
that are out there. "During that period Franklin ran the
carrier's largest service center, based in Simi Valley,
CA. As executive director, Franklin was in charge of
approximately 550 employees responsible for "exception
business" -- or what she describes as "those kinds of
things that the underwriting decision systems can't
handle." The center handled 50,000 to 100,000 phone
calls monthly, Franklin reports. Running the center was
"a tremendous opportunity to see what other
possibilities were out there, where we could find
efficiency gains, and where we could find opportunities
to better achieve higher business value using
technology." More information about Jan Franklin's
technology philosophy and plans in her new position will
appear in the May 2003 issue of Insurance & Technology,
appearing soon at
www.insurancetech.com. |
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