Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Created the first R&D&I Spanish insurance sector’s project

23.10.2008
Researchers from the Computer Networks and Web Technologies Laboratory (CoNWeT Lab), part of the CETTICO research group, based at the Universidad Politécnica de Madrid’s School of Computing, have joined a consortium to develop the “PRIMA” (Intermediation and Mobility Resources Platform for the Insurance Sector) project. The PRIMA initiative is to develop a technology platform to improve management processes.

The consortium members include European leaders from the insurance sector (Allianz Seguros and Groupama), the insurance mediation sector (E2000) and in the development of business platforms for the telecommunications sector (Telefónica I+D). These companies are joined by two eminent research institutions, the Universidad Politécnica de Madrid and the Asturias-based Fundación CTIC. This is an unprecedented initiative forming part of the Avanza Plan backed by the Ministry of Industry, Tourism and Trade.

The project is scheduled to last two years during which technology to drive electronic services and speed up communication between insurance sector agents will be defined and developed. This technology will depend on innovative mediation and data exchange processes.

The goal is to define and deploy new services for end users and sector professionals, such as accessing information on insurance products from mobile devices, comparing offers, monitoring claim processing or controlling the quality of each company’s provision.

Semantic representation

The UPM is a project partner contributing its knowledge and research experience in fields like Service-Oriented Architectures and the Semantic Web, as well as mature technologies like MyMobileWeb, which are vital for project success.

The key scientific and technological objective targeted by the UPM is to enrich mediation software platforms with a conceptual model of the insurance business domain, enabling the declarative semantic representation of service provider operations and data.

This way, gateway development and maintenance will be more abstract, improving the potential for automating the mediation process, as it will operate closer to the domain knowledge, as well as provide semi-automatic adaptation of two levels of abstraction, namely data and ontologies, as part of a services invocation process on a SOA platform.

Finally, the UPM School of Computing’s team will also undertake the development and production of Mobile Web applications to cover the new requirements and opportunities emerging in major electronic commerce scenarios within the insurance sector.

Morfeo open source software

This project is also part of the Morfeo Open Source Software Community, a key building block for achieving the maximum dissemination of the results within both the insurance sector and the scientific community specializing in the technologies under development.

The kick-off meeting led by Telefónica I+D was held recently at E2000’s technology headquarters in the Asturian town of Pravia. E2000 claims that this is an unparalleled initiative, the first electronic services R&D&I project in the Spanish insurance sector. Insurance sector directors regard the PRIMA project as being a great opportunity for insurance mediation as an insurance distribution channel, because it will improve its position in the value chain of tomorrow’s insurance industry.

Eduardo Martínez | alfa
Further information:
http://www.upm.es

More articles from Information Technology:

nachricht New software speeds origami structure designs
12.10.2017 | Georgia Institute of Technology

nachricht Seeing the next dimension of computer chips
11.10.2017 | Osaka University

All articles from Information Technology >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Neutron star merger directly observed for the first time

University of Maryland researchers contribute to historic detection of gravitational waves and light created by event

On August 17, 2017, at 12:41:04 UTC, scientists made the first direct observation of a merger between two neutron stars--the dense, collapsed cores that remain...

Im Focus: Breaking: the first light from two neutron stars merging

Seven new papers describe the first-ever detection of light from a gravitational wave source. The event, caused by two neutron stars colliding and merging together, was dubbed GW170817 because it sent ripples through space-time that reached Earth on 2017 August 17. Around the world, hundreds of excited astronomers mobilized quickly and were able to observe the event using numerous telescopes, providing a wealth of new data.

Previous detections of gravitational waves have all involved the merger of two black holes, a feat that won the 2017 Nobel Prize in Physics earlier this month....

Im Focus: Smart sensors for efficient processes

Material defects in end products can quickly result in failures in many areas of industry, and have a massive impact on the safe use of their products. This is why, in the field of quality assurance, intelligent, nondestructive sensor systems play a key role. They allow testing components and parts in a rapid and cost-efficient manner without destroying the actual product or changing its surface. Experts from the Fraunhofer IZFP in Saarbrücken will be presenting two exhibits at the Blechexpo in Stuttgart from 7–10 November 2017 that allow fast, reliable, and automated characterization of materials and detection of defects (Hall 5, Booth 5306).

When quality testing uses time-consuming destructive test methods, it can result in enormous costs due to damaging or destroying the products. And given that...

Im Focus: Cold molecules on collision course

Using a new cooling technique MPQ scientists succeed at observing collisions in a dense beam of cold and slow dipolar molecules.

How do chemical reactions proceed at extremely low temperatures? The answer requires the investigation of molecular samples that are cold, dense, and slow at...

Im Focus: Shrinking the proton again!

Scientists from the Max Planck Institute of Quantum Optics, using high precision laser spectroscopy of atomic hydrogen, confirm the surprisingly small value of the proton radius determined from muonic hydrogen.

It was one of the breakthroughs of the year 2010: Laser spectroscopy of muonic hydrogen resulted in a value for the proton charge radius that was significantly...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

ASEAN Member States discuss the future role of renewable energy

17.10.2017 | Event News

World Health Summit 2017: International experts set the course for the future of Global Health

10.10.2017 | Event News

Climate Engineering Conference 2017 Opens in Berlin

10.10.2017 | Event News

 
Latest News

Physics boosts artificial intelligence methods

19.10.2017 | Physics and Astronomy

NASA team finds noxious ice cloud on saturn's moon titan

19.10.2017 | Physics and Astronomy

New procedure enables cultivation of human brain sections in the petri dish

19.10.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>