It remains to be seen what the destiny of InsurTech will be over the long run, but it seems more likely to be a permanent adjunct to the insurance industry and its vendor ecosystem than a passing fad.
Enterprise Technology
IT Outsourcing: An Overview of Current Trends and Key Issues
Though IT outsourcing allows insurers to effectively staff transformational initiatives, it’s no panacea—and it comes with its own set of unique challenges.
Trexis Insurance Selects Duck Creek Suite OnDemand to Power Growth
The insurer’s legacy replacement and modernization initiative lays the groundwork for significant expansion in the non-standard personal auto insurance market.
Vertafore Selects AWS as its Preferred Cloud Provider
The insurance technology vendor expanded its relationship with AWS because of its portfolio of cloud services, advanced technologies, security and qualities of ingenuity, reliability, and agility.
Ventiv Expands Offering with New Enterprise Legal Management Software Solution
Ventiv ELM, which can be integrated with Ventiv Claims, is designed to give legal departments total and immediate visibility into every aspect of a legal matter.
The Role of Microservices in Digital Insurance Distribution
Digitization of commerce begins with the customer experience, but in an industry with intermediated sales, distribution partners are among an insurer’s most important customers. The sales transaction is not only a natural place to undertake innovation, but insurers can take advantage of consumer and agent appetite for new capabilities to advance their competitive position. Cloud Read More »
OKFB Insurance Moves InsuranceNow to Guidewire Cloud
Opting for cloud implementation will enable OKFB Insurance to adapt quickly to changing market demands and enhance customer service.
How Amazon and Netflix Solved the Digital Challenges That Insurers Face Today
Rather than reinvent the wheel, insurers should look at the lessons learned by the leaders in other markets and apply the knowledge they have gained.
CastleBay Companies Names Anshuman Purohit CTO
Purohit’s experience includes successfully leading architecture, design, development, and delivery of large-scale enterprise solutions in financial services, high-tech electronics, and retail industries.
The Future Envisioned: Building a Platform for Digital Insurance 2.0
Why insurance modernization is different this time and disruption is inevitable; and how Majesco has developed an insurance platform to support its clients’ entry into the digital age.