The vendor offers a cloud-based, comprehensive suite that goes beyond policy, billing, claims and data capabilities to serve as what CEO Chris Ewing calls a kind of “insurance company operating system.”
In her Pegaworld keynote, Allianz Health CEO Birgit König related how Pega 7 will facilitate seamless data flow between agile customer applications and legacy systems, speeding transaction processing and increasing process automation.
Using SAP technology, Ageas builds technology foundation for Philippine carrier in only five months with plans to reuse components for future startups.
The broker is able to provide parametric insurance to even small clients through the real time processing of vast amounts of weather data for scenario modeling.
The insurer has implemented a new financial platform, delivered through the SAP HANA Enterprise Cloud, that provides a single source of financial truth and liberates finance to focus more on vision.
Guidewire’s VP of Strategy discusses how the acquisition rounds out the vendor’s data offerings and enables customers to embed analytics across the insurance lifecycle to power decision making.
Mandes sees technology playing a key role in the carrier’s efforts to provide a compelling service proposition for agents and policyholders in Florida’s unique homeowners’ market.
Evolving technology and consumerization have created not only pressure for insurers to innovate, but also a huge opportunity for investors to help the industry forward. Revolution Ventures partner Clara Sieg talks about the insurance innovation investment opportunity, now and in the near future.
The insurer is testing whether the addition of Understory’s ground-level hail detection capabilities can make modeling storms more accurate, in turn powering a more rapid response to policyholders’ claims.
Agile development and cloud deployment sped implementation time of the policy administration system to a mere six weeks between December 2015 and January 2016.