The insurance scape has been seeing digital transformations for several years now and there’s always new technology on the horizon. While these new avenues are usually explored years later and only with a goal to…
In a fast-paced digital world, the successful adoption of technology can often be a deciding factor in the success of your business. Enterprises across various industries are racing to leverage rapidly evolving technologies, and insurance…
Every insurer’s need for a managed services provider is undisputed, it’s an inevitable part of insurance digital transformation. If you depend on Guidewire software for your claims, billing and other needs, you’ll still need a…
As far as the IT landscape is concerned, managing key applications brings along an element of harmony within the organization. Organizations are committed to improving operational efficiencies and strive hard to reduce costs while meeting…
Customer service remains the backbone of the insurance industry despite the ground-breaking changes that disrupt the industry time and again. From the time one had to go door-to-door selling/ availing insurance policies to buying policies…
Technology is constantly evolving and raising the bar for insurers to survive – if you fall behind in the digital department, so will your business. A McKinsey study found that the insurance industry has struggled…
With the advent of technology, updating legacy systems and finding innovative workflows have become a regular feature in most workplaces to stay ahead of their competitors. However, a few issues of concern persist in the…
Industries such as education, travel and hospitality, healthcare, and retail are being controlled and reshaped by digitalization. However, the insurance industry has traditionally lagged in this arena. It’s no surprise that according to research conducted…
The insurance industry may be slower than industries such as retail when it comes to technology innovation, but worldwide, more businesses willingly seeking out insurance digital transformation solutions to make their practices smooth and agile.…
This is the last of the three-part series on an Analyst Connect on the pandemic & other new factors influencing the insurance industry. Part I – The pandemic has changed the insurance industry, but by…
This is Part II of a three-part series. Make sure to read them all. Analyst Patrick Van Brussel had, in Part I of this analyst connect series, explained how the pandemic has propelled changes in…
This is Part I of a three-part series. Make sure to read them all. Every industry is changing and the insurance industry is more so. The industry, largely governed by customer experiences and expectations, has…
