New and emerging technologies, while not required to achieve innovation, can certainly be key enablers that help deliver desired digitized outcomes and automate core processes.
To get the full value that cloud infrastructure has to offer, insurers need to ‘unlock’ data that is effectively trapped in their legacy data applications.
The N.J.-based insurer will leverage Guidewire Cloud to increase business agility and deliver more value to agents, employees, and policyholders.
The switch to the cloud will enable Hollard to work with its other technology ecosystem partners using low-code tools and established integrations to rapidly bring to market innovative products.
New York Life’s Head of Strategic Capabilities, Alex Cook, discusses how the company has bucked the trend and led the industry in digital transformation, including agile development and artificial intelligence. Cook explains how investing in and partnering with technology startups have helped the insurer meet modern customers’ demands, and how data science has played a pivotal role in helping New York Life customers prosper.
The $465 million contract serves 400 London market insurers through a joint venture between DXC, Lloyds and the International Underwriting Association.
The combination of Socotra’s core insurance technology with Avolanta’s offers the insurance industry an open and agile platform for accelerating innovation and speed-to-market.
The latest release provides new capabilities to accelerate product speed-to-market Integration Gateway, Guidewire Go, and an embedded travel insurance solution.
If you understand how effective an API gateway can be protecting insurance enterprises, and how easy it will be to implement, you may be adding it to your list of must-haves.
The round highlights the company’s rapid growth, with annual recurring software revenue increasing more than 10x since January 2021.