Staying agile and evergreen: The advantages of a SaaS core system for general insurance providers
To win in today’s increasingly competitive insurance industry, insurers need modern core systems and solutions that support their business strategies and empower them with the ability to pursue innovation. Yet many insurers are struggling to run their core systems effectively and end up falling behind.
This flipbook explores the following:
• How to deliver exactly what modern insurance buyers want when they want it.
• The big disadvantage legacy systems have on improving CX, delivering speed to market, and attracting and retaining innovative thinkers.
• Embedded insurance, predicted to reach $700bn GWP by 2030, could be the secret sauce insurers have been waiting for.
• How BHSI adopted SaaS to leverage continuous upgrades and configurations growing its business to over $5bn DWP since 2016.
• How West Bend Mutual Insurance leverages from pre-built industry content by tapping in to the insurtech ecosystem.
• Learn how Cerity, with just four employees and no IT infrastructure, launched to market in less than one year.