Tech advances coupled with AI can help insurers manage risk, improve underwriting and boost customer experience.
Majesco leadership says the transaction, valuing the company at $594 million, will support the company’s strategic vision to help global insurers transition to the cloud.
The pandemic hasn’t slowed the pace of insurance innovation, but the insurance technology community’s largest in-person event has adapted to serve its global participants during a time of restricted travel.
Reorienting insurance to the consumer’s perspective requires rethinking processes in light of their needs.
Roni Al Dor talks to IIR about Sapiens evolution to cloud-native technology, and how the core systems vendor is helping insurers accelerate change during the COVID-19 era.
The vendor now offers accelerators for Duck Creek Policy, Billing and Claims, certified through Duck Creek’s partner program.
Mike Jackowski talks to IIR about the investment’s origins and how Duck Creek will invest in its SaaS and geographic expansion while nurturing customer relationships.
Version 9 features an enhanced library of pre-configured products and improved self-service configuration tools, empowering users to rapidly set up insurance products and benefit from advanced, cloud-native capabilities.
Among the highlights of Aspen are visual product design, embedded analytic capabilities and cloud-native services such as rating, rules engines and data capabilities.
By replacing multiple legacy systems with best-in-class solutions, the insurer will be able to reduce operating costs and increase internal process efficiencies.