Driving Maximum Business Value With Minimum Viable Products

For insurers, implementing an effective MVP model can help get products to market more quickly, increase adoption of digital engagement, and limit the investment in ‘nice-to-have’ features that don’t yield business value.

To Stay Competitive, Embrace the Data Science Team of the Future

With smart homes and IoT devices gaining popularity, carriers should prepare for an explosion of new data to work with by building their data science team internally and partnering with an analytics team with deep knowledge and strong capabilities in the space.

Post COVID, Every Insurer Needs Cloud Fluency

Lessons must be learned both for preparedness and efficiency gains, as well as for the changes to business processes and consumer preferences that may endure even when the immediate crisis has passed.

It’s Not Just COVID Pushing Insurers to the Cloud

While the pandemic has forced the industry to embrace agility amid resource constraints and pressure to maximize revenues, it must not distract from the customer-focused forces driving cloud adoption in the first place.

Insurance Partnerships: The Era of Digital Ecosystems

Ecosystems provide a win-win opportunity for incumbent insurance carriers, InsurTechs, and service providers by enabling them to operate in a coordinated fashion and devise competitive insurance offerings by opening new avenues.