Lloyd’s of London, the world’s leading insurance market, recently drafted a prospectus on options for change within the sector. The document discusses pressing industry challenges and makes comments on the sector’s future. Perhaps unsurprisingly, a key future area of focus is ensuring that the purchasing of products is faster, simpler, and provides better value for customers.
In this blog post, James Maudslay, global head, insurance at Equinix looks at the way companies are embracing the digital revolution, and discusses the new products, platforms and capabilities that are being developed to help streamline and optimise operations across the sector.
The blog also investigates the digital infrastructures that underpin new technologies, and looks at how insurance companies hoping to gain a competitive advantage can leverage an interconnection-first strategy to seamlessly navigate the digital disruption and gain a competitive business advantage.