Without leadership commitment and tolerance for failure, insurers may perform “innovation theater” but are unlikely to be prepared when end of the next decade of change sneaks up on them.
The new bureau business is expected to enable significant reductions in the cost of transacting general insurance in the U.K. market.
The core-to-digital suite is pre-integrated and modular, and can be installed as part of a complete transformation initiative, or implemented as standalone components.
The addition of SiSi’s capabities enables LIDP to expand its service delivery capabilities to best serve a rapidly growing customer base of life and annuity carriers seeking to modernize their core systems.
Automating the company’s reinsurance processing not only helps to ensure accuracy and compliance but also adds efficiencies to the organization.
The vendor’s Duck Creek Template now offers content from the AAIS Inland Marine Guide for commercial lines of business.
After a total of six conversions, Pekin Life is now operating on a single modern platform and able to sunset its legacy life environment.
Pocatello, Idaho might seem an odd place to find insurance innovation, but CIO Adam Waldron notes smaller carriers’ agility advantage—and their need to stave off competition from larger firms with deeper pockets.
The transaction represents the largest single investment in technology and digital capabilities in the history of the Group, in support of its ambition to become the pan-African leader in financial services.
By deploying an integrated Guidewire platform, Saga will be able to render customer functionality more efficiently, and be better placed to follow customer conversations dynamically.