Insurance technology is proving to be both a hotbed of innovation and a battleground on which insurers must compete. Insurance is a famously complex industry, with multiple players typically involved in every single transaction including insurers, MGAs, brokers and aggregators.
The digital requirements of today’s consumer mean complexity is amplified in the online, connected sphere. Rather than being stifled by this complexity, insurers must embrace digital transformation in order to meet the demands of today – and anticipate the demands of tomorrow.
It’s time to crush complexity.
In this eBook, we’ll look at four of the most demanding challenges facing the sector right now and how to tackle them:
1. Customer expectation growth.
2. Operational resilience.
3. Insurance technology innovation.
4. Core system complexity.