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3-MINUTE READ

In brief

By accelerating their transformations to meet the needs of a world in crisis, leading insurers have ignited a new and different future—one predicated on technology.

 66%

Insurance executives report that the pace of digital transformation for their organization is accelerating

80%

Insurance executives say that their organization’s business and technology strategies are becoming inseparable— even indistinguishable

5 Tech Trends Emerge

Stack strategically — architecting a better future

A new era of industry competition is dawning—one where insurers can build their stack to drive efficiency and better serve their customers.

Mirrored world — the power of digital twins

Growing investments in data, AI and digital twin technologies are giving rise to an emerging era of business and intelligence: The mirrored world.

I, technologist — the democratization of technology

Natural language processing, low-code platforms, RPA and more are democratizing technology, putting powerful capabilities into the hands of people.

Anywhere, everywhere — bring your own environment

Remote work is here to stay, it’s time for insurers to transform this into an advantage.

From me to we — a multiparty system’s path

The future of insurance lies in collaboration. Leading insurers will reimagine their partnerships through ecosystems and multiparty systems.

 

About the Authors

Steve Murphy

Senior Managing Director – Accenture Technology, Financial Services


Michael Reilly

Managing Director – Insurance, Underwriting Community of Practice


JAMES THOMAS

Managing Director – Strategy & Consulting, Insurance, UKI


JEANA MUÑOZ

Managing Director – Talent & Organization, Insurance Workforce Lead, North America


Venkat Viswanath

Managing Director – Technology, Advanced Technology Center, Insurance Lead, India


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