P&C Insurance CIOs are embracing the cloud to realize the same benefits with their core platforms that they have seen with other systems: improved agility and scalability, greater cost transparency, the ability to move from capex to opex, and often higher levels of availability.
Patrick brings more than 25 years of experience and a focus on digital insurance innovation to Duck Creek’s European strategy.
The insurer began implementation with its motor business and will follow with home insurance due in early 2019, with other lines of business to follow.
Insurers can complement their human workforce with advanced technologies, but, as with any innovation, there are risks and barriers that insurers must overcome to fully benefit.
Over time—likely just a few short years—the fortunes of core platform vendors will no longer rise and fall on the strength of their core modules.
The New Zealand insurer will deploy EIS Group’s digital insurance platform on Azure to deliver a unique customer experience, new data-driven products, and support operational efficiencies.
Leading vendors discuss the strategies they are shaping in response to the demand created by challenges insurers face in adopting modern technologies.
The implementation of the digital payment solution is part of a corporate strategy to optimize digital experiences for policyholders.
Wynward will deploy ISI Enterprise as a single, integrated platform for all core insurance functions including policy admin, claims, accounting, billing and reinsurance.
The funding from the round led by Kleiner Perkins will be used to expand the data driven platform’s reach from 16 states to nationwide.