The insurance industry is at an inflexion point. The digital revolution is transforming the way insurers, reinsurers and brokers do business.
The insurance industry is at an inflexion point. The digital revolution is transforming...
The insurance industry is at an inflexion point. The digital revolution is transforming the way insurers, reinsurers and brokers do business, impacting the entire value chain. Rapidly emerging technologies are crucial enablers and must be applied with rigor and clarity of vision. Organizations and those who lead them must be at the ready – as the new environment requires us to be focused, fast and flexible to take advantage of what is ahead.
In Transforming Insurance: Securing competitive advantage, we share highlights of our recent global research and explore the ways in which technology can help players in insurance markets transform their capacity to identify trends, plan, collaborate and rapidly respond, adapt and thrive. Based on our research and interviews with insurance leaders globally, the report reveals five inter-related issues insurers and intermediaries are facing, how to:
Digital technology is transforming the way insurers and intermediaries are conducting business today, and building strategies for future growth.
Constructing a data innovation approach, insurers can go beyond predicting future outcomes to drive valuable action.
Deeply engrained company cultures may need to change to create environment of innovation.
The rise of digital technology has insurers and regulators increasingly concerned...
Addressing deeply embedded technology challenges is critical for insurers ...
To gain full value of technological advances, insurers must have a focused strategy, actionable plan and rigorous execution.
Insurers who put customers at the heart of their business are well..