Millennials and Gen Z are now the dominant buyers for insurance. They do not follow the traditional life and purchase patterns set by older generations.
The Millennial and Gen Z populations desire a holistic customer experience—where digital offerings bring together other products and services to help the customer manage their lives.
Two transformative digital approaches for underwriting individual life insurance policies undergird effective strategies: accelerated underwriting and continuous underwriting.
As we move into the future of SaaS, this precision will give insurers real competitive advantage, but how does SaaS 3.0 differ from what we have been calling SaaS all along?
Building a culture of innovation doesn’t happen passively—it requires commitment and careful nurturing.
To join in and celebrate the most wonderful time of year we wanted to do our own version of the 12 Days by highlighting the 12 best things from our latest release, Version 12 for Majesco P&C Core Suite.
Without a seamless view of each individual insured, benefits providers and their employer customers are missing out on creating the right annual enrollment program offerings, accurate pricing structures and attractive policy packages for each employee demographic.
Carriers and distributors can escape that ‘Groundhog Day’ feeling with incremental improvements and a vision of a transformed experience for everyone. In fact, the vision is a great place to begin.
No matter what AV product portfolio you ultimately design, establishing the right IT infrastructure to power your offerings is the next critical action item on your AV to-do list.
With road testing of driverless vehicles now underway across North America, and more pilots on the horizon, it’s no wonder property and casualty insurers and industry experts are increasingly discussing the changing risk landscape.