Carrier leadership should recognize that transformation never ends and cultivate a culture of constant technical innovation that maintains and constantly improves the new solution and business processes required to support it.
Blog
Consumer Trends Signal Change Mandate for P&C Insurers
Value-added services are low-hanging fruit that provide personalized, regular customer engagement that extends the value of the insurance risk product.
Getting to the Prize: A Primer on Insurance Channel Options
Today’s insurers are faced with a puzzle: How do they market their products to become well-known, trusted, and valued best-sellers, yet, at the same time, place some products where they can be purchased through other partners or channels, even if they are unknown?
Insurer MVP Projects Need to be Bolder in Thinking and Action
For insurers to become players in the new insurance ecosystems, they will need to apply lessons from their tests and MVPs to their product and service rollouts.
Building Across Time: APIs Bring the Future to Today’s Enterprise
When viewed properly, APIs are a bit like traveling through time and seeing the future, with the ability to use future tools in the here and now.
2-Minute Q&A #7: Enterprise Risk Management
ERM is about viewing the various levels of an insurer and building an informative risk profile to determine how much risk an organization is facing in order to determine the best use of capital.
Next-Gen Digital Underwriting in a World of Increasing and Changing Risk
With the cost of insurance increasing and profitability impacted, insurers need to look at their broader portfolio and find ways to assess potential losses, predict their impact, and initiate loss prevention strategies more accurately and precisely.
Capturing the New SMB Insurance Buyer by Meeting a New Risk Environment
How can insurers make themselves more valuable to SMBs that need them more than ever in a rapidly changing risk environment?
Is it Time to Hire New Data?
Think of data as talent and imagine that you have been placed in charge of hiring someone who will lead your organization into the future with a whole new approach.
2-Minute Q&A #6: Absence Management in the Benefits Market
As carriers look at their overall current and potential product offerings, they should have alignment across the enterprise in order to invest the time and money needed into making their absence solutions solve the needs of the marketplace.