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OMG Announces Program for Business Agility in the Insurance Industry Workshop
From Fragile to Agile: SOA, Business Modeling & Architecture-Driven Modernization
in the Insurance Industry; February 11-13, 2008 in Stamford, CT, USA

Needham, MA, USA - January 22, 2008 - The Object Management Group™ (OMG™), today announced the program for its "Business Agility in the Insurance Industry" workshop, which will be held February 11-13, 2008 in Stamford, CT, USA. The program and registration details may be found online at http://www.omg.org/ins-ws-sv-dt.

The theme of this workshop is "From Fragile to Agile: SOA, Business Modeling & Architecture-Driven Modernization in the Insurance Industry." Realities of the "Flat World" (Internet driven economy, coupled with globally dispersed organizations and their resources: people, processes, IT, etc.) dictate that Insurers must become "Agile" in order to successfully compete and grow. To become "Agile" they must be able to sense, interpret and respond to "Events" (Business, IT and others) in a timely and cost effective manner. Although SOA is being promoted as the "Agility Medicine," the question is often raised, is SOA alone enough?

Workshop Highlights Include:

Keynote Presentations:

  • Business Agility in Insurance, by James Bisker, Global Insurance Industry Leader, IBM Institute for Business Value
  • Architecture Driven Modernization: The Time is Now, The Reasons are Many & The Power is in Your Hands, by William Ulrich, President, Tactical Strategy Group

Sessions:

  • Modeling as the "DNA" of Business Agility
    • OMG's Model Driven Architecture and Why it Matters to Insurance
    • Case Study: Modeling for Insurance Software Development
    • Case Study: Modeling as the Backbone for Insurance Information Management
  • SOA, BPM and Regulatory Compliance: Pillars of Business Agility
    • SOA Adoption in Insurance: Current State, Future and Challenges
    • OMG's Approach to SOA
    • Modeling and Simulation for Business Applications
    • Modeling Insurance Business Processes
    • Regulatory Compliance and Business Agility
    • An Approach to Business-Driven SOA
    • Panel Discussion: Business Agility: Fact or Fiction?
  • Business Agility via Architecture Driven Modernization
    • Case Study Panel: Understanding & Improving IT Architectures
    • Modernization & Software Assurance
    • ADM Standards Roadmap & Industry Impacts Update
    • Case Study Panel: Transforming IT Architectures

There will also be technology exhibits and demonstrations of modeling tools and repositories.

Registration & Information
The early-bird registration discount is available until January 29, 2008. The agenda, plus registration information is available at http://www.omg.org/ins-ws-sv-dt. Exhibit space is available; for more information contact Kevin Loughry at loughry@omg.org or +1-781-444 0404. Sponsorship opportunities are available; contact Ken Berk at kenberk@omg.org or +1-781-444 0404.

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About the Object Management Group
OMG is an international, open membership, not-for-profit computer industry consortium. OMG Task Forces develop enterprise integration standards for a wide range of technologies, including: Real-time, Embedded and Specialized Systems, Analysis & Design, Architecture-Driven Modernization and Middleware and an even wider range of industries, including: Business Modeling and Integration, C4I, Finance, Government, Healthcare, Insurance, Legal Compliance, Life Sciences Research, Manufacturing Technology, Robotics, Software-Based Communications and Space.

OMG's modeling standards, including the Unified Modeling Language™ (UML®) and Model Driven Architecture® (MDA®), enable powerful visual design, execution and maintenance of software and other processes, including IT Systems Modeling and Business Process Management. OMG's middleware standards and profiles are based on the Common Object Request Broker Architecture (CORBA®) and support a wide variety of industries.

More information about OMG can be found at www.omg.org. OMG is headquartered in Needham, MA, USA.

Note to editors: MDA, Model Driven Architecture, OMG Logo, XMI, UML, UML logo and CORBA are registered trademarks, and OMG, Object Management Group, SOA Consortium, MOF, MDA Logos, BPMN, OCRES, OCUP, OCEB and Unified Modeling Language are trademarks of Object Management Group. All other trademarks are the property of their respective owners.

 
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