Improving core system platforms, emerging technologies, and increased availability of niche third-party data sources are allowing insurers to operate specialty lines more in-tune with their main business.
In this podcast, Martijn Moerbeek, Director of Digital Strategy & Innovation at Legal & General discusses how incumbent insurers can leverage their innate advantages and pursue successful innovation strategies.
The regional P&C insurance group is leveraging Guidewire Core and Data products to modernize its business and increase efficiency.
The insurer plans to include selected Roost smart home devices as part of its offering, providing policyholders with wider reaching capabilities to actively protect their homes remotely via smart phone.
The solution is designed to help enterprises maximize the value of report content with continuing support for the newest versions of the OpenText Documentum and OpenText InfoArchive products.
The insurer selected Duck Creek core systems in the cloud for its next-generation enterprise architecture so it could move with the speed and agility that the business expects for implementing change.
The engagement supports the insurer’s goal of providing low-touch claims handling for both agents and policyholders.
Through drone-based roof inspections, the insurer increases efficiency, impacts customer experience and avoids the danger to employees of climbing on roofs.
As technology causes premium to contract, the most visionary insurers will change their focus from insuring risks and processing claims to obviating risk and instantly mitigating losses.
The homeowners insurer has integrated Verisk data for quote prefill and for evaluating whether claims can be processed quickly or require more investigation.