HELP! * GREY=local LOCAL HTML version of Foils prepared April 9,1995

Foil 24 More Anecdotes from the Insurance Industry
(Health Insurance example)

From HPCC Applications in Industry IDA Presentation -- October 31,1994. by Geoffrey C. Fox * See also color IMAGE

Large NY State Insurance Company spends $70M a year in Syracuse on data processing.
Hardware and operation costs "negligible" (<10%) for modest IBM3090
Cost is application programmers developing new software or maintaining old code - your grandfather's policy is an important dusty COBOL deck.
  • ~15 million lines of COBOL
  • ~3 year backlog for new application codes
Where should they use high performance computing?
Innovative insurance companies scan documents but don't need HPC
Clearly need a more productive software model



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