Driving new sources of profitable growth
of equity analysts say that technology modernization is one of the most important cost transformation levers for insurers today while just 12% say they prioritized it 5-10 years ago.
of equity analysts say that Cloud is one of the most important cost transformation levers for insurers today while just 20% say they prioritized it 5-10 years ago.
Addressing new customer needs
Carriers are better positioned to provide continuous support to customers at every touchpoint—from underwriting to policy servicing to claims—when they leverage mature descriptive, predictive and prescriptive analytics capabilities.
Using AI to achieve process efficiency
Insurers agree that they are investing in data analytics and AI more than any other digital technology to achieve their short-term cost-cutting goals.