The path forward is clear: embrace and implement architectures that reinforce Agile principals and create a much better foundation for a dynamic enterprise of the future.
The new subsidiary CastleBay Infotech will initially specialize in Guidewire and Duck Creek implementations.
With more flexible technology architecture and modular capabilities, insurers now have alternatives that are lower cost, more configurable and more compatible with digital strategies.
FirstLight’s dedicated, point-to-point ethernet solution will provide redundancy between NYCM’s locations in Upstate New York.
An organization can never become truly Agile until it creates an overall enterprise architecture that is specifically designed to be Agile.
All parties to a transaction with Truly Title are connected via a technology platform that streamlines order processing, facilitating efficiency, collaboration, and transparency in real-time.
Large insurers and early-stage InsurTechs are strange bedfellows, but these partners will need to establish deeper relationships to make digital transformation of commercial insurance a reality.
The insurer has deployed Guidewire InsurancePlatform as its new software application for underwriting, policy administration, claims, billing, and client data management, with help from Ernst & Young.
Carriers can mitigate the impact of exogenous shifts on the market by considering the utility of digital technology, analytics, product and distribution capabilities for maintaining their competitive edge.
By creating the right team, evolving to straight-through processing with discrete goals, and mandating microservices, an insurer can create a powerful roadmap for digital transformation.