Agile insurance: Lessons from leaders of Greek insurer Interamerican
McKinsey and Company
MAY 8, 2023
Interamerican demonstrates how Southern European insurers can launch a successful agile transformation within their own cultural contexts.
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McKinsey and Company
MAY 8, 2023
Interamerican demonstrates how Southern European insurers can launch a successful agile transformation within their own cultural contexts.
31 West
DECEMBER 7, 2022
Cyber insurance is a policy that can help hedge a business from the potential fallouts of a cybersecurity attack. The article will look at cyber insurance – what it is, what it covers, what it does not cover, and why it is essential for technology-oriented businesses today. What is Cyber Insurance? Notifying Customers.
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Forrester Digital Transformation
OCTOBER 30, 2022
Insurance firms in Europe will face considerable headwinds in the coming year. Read our predictions for how they will handle them.
IBM Services
MARCH 25, 2024
According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well.
AS White Global
MARCH 12, 2024
ASW Global has stepped up its efforts in providing viable solutions for the insurance and underwriting industry’s talent shortage dilemma in Australia. The post ASW Promotes International Staffing Solutions for the Insurance Industry with UAC first appeared on ASW Global. We had over 100 attendees registered for the event. ”
McKinsey and Company
DECEMBER 14, 2022
In an interview with McKinsey’s Tanguy Catlin, Andrew Rose of OnStar Insurance discusses how telematics data will usher in a new era of auto insurance.
Perficient Digital Transformation
FEBRUARY 28, 2024
With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance.
Forrester Digital Transformation
MARCH 31, 2023
Insurers must focus on the ‘S’ of ESG to grow the market — and their revenue. Here’s how insurers can overcome top challenges and achieve scale.
Perficient Digital Transformation
APRIL 3, 2024
Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. This kind of intelligence proves the noble purpose of insurance.”
Everest Group
DECEMBER 15, 2023
Low-code Technology Providers in Insurance – Products In recent years, insurance enterprises have embarked on a modernization spree to improve the experience for both customers and stakeholders. Insurers are increasingly relying on low-code technology for rapid application development, integration, and meeting time-to-market needs.
Perficient Digital Transformation
FEBRUARY 27, 2024
This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Digitizing functional processes can lead to significant cost savings and efficiency gains.
Forrester Digital Transformation
MARCH 9, 2023
Computer vision technology is a recent entrant in insurance, but it has the potential to revolutionize how insurers process claims, identify fraud, and evaluate risk.
Forrester Digital Transformation
APRIL 8, 2022
Cyber insurance is only one component of a bigger enterprise cybersecurity risk management program. However, the cyber insurance market has been on a roller coaster, with skyrocketing premiums, changes in coverage, and a demand for policies that outweighs available supply.
Everest Group
APRIL 8, 2024
Intelligent Document Processing (IDP), Banking-specific IDP, and Insurance-specific IDP Products Intelligent Document Processing (IDP) products continue to play a vital role in enterprises’ automation technology portfolios. Advances in generative AI are driving providers to ramp up their IDP capabilities.
Forrester Digital Transformation
JULY 14, 2022
On July 6, 2022, The Travelers Property Casualty Company of America (Travelers Insurance) filed a suit in Illinois Federal Court against International Control Services, Inc (ICS) asking for policy rescission and declaratory judgment against ICS.
IBM Services
MAY 1, 2023
In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Artificial intelligence applied to insurance The insurance industry has always made extensive use of data and algorithms, such as in the calculation of insurance premiums.
Forrester Digital Transformation
NOVEMBER 7, 2022
The four significant insurance themes that emerged from The Future of Insurance, Europe 2022 event.
Magellan Solutions
APRIL 28, 2023
Top 7 Benefits of Outsourcing Administrative Functions for Insurance Companies Insurance companies encounter a variety of challenges nowadays. Outsourcing administrative functions for insurance companies has been a proven strategy to consider. With the rising inflation, insurance companies are looking for ways to reduce costs.
Forrester Digital Transformation
OCTOBER 26, 2021
Find out what Forrester predicts for insurance companies in 2022 and beyond.
Forrester Digital Transformation
OCTOBER 18, 2021
Forrester surveyed customers of the 32 of the largest and most important auto and home insurance brands in France, Germany, Italy, Spain, and the UK about the quality of their experiences as a part of our European Auto And Home Insurers Customer Experience Index, 2021.
Everest Group
FEBRUARY 29, 2024
Explore the Insurance BPO price benchmarking catalog, featuring comprehensive pricing coverage of 15 insurance BPO functions.
Everest Group
OCTOBER 26, 2023
Cloud Services in Insurance The insurance industry has been relatively slow in adopting digital measures due to regulatory constraints and product complexities. In the past, insurers have embraced cloud technology as one of the prominent technologies. However, carriers are embracing the change to become risk mitigators.
Hyland
OCTOBER 17, 2022
In less than five years, insurers have gone from highly skeptical to fully embracing cloud-first strategies. A cloud computing platform allows insurance companies, with the help of software vendors, to create and host applications in the cloud without being concerned about the infrastructure the application will run on. Integration.
McKinsey and Company
MAY 3, 2023
AI’s potential for competitive advantages remains largely unrealized in the Asian insurance industry. There is a framework for success: invest in AI not discretely but across the value chain.
McKinsey and Company
NOVEMBER 16, 2022
The global life insurance industry is facing an inflection point. A fundamental reimagination will usher in significant change.
Magellan Solutions
APRIL 24, 2023
Stay Ahead of the Compliance Game: How Insurance Companies Can Meet Regulatory Requirements Nowadays, businesses should be up-to-date with the governing laws on data security. Outsourcing insurance compliance services can assist businesses with the changes in regulatory compliance. Additionally, it lowers exposure to potential risks.
Magellan Solutions
APRIL 19, 2023
8 Secrets to Improving Customer Service in the Insurance Industry with Outsourcing If customers do not get satisfactory service, they easily switch to other competitors. In order to keep up with the changing needs, improving customer service in insurance is one of the top priorities of businesses. when outsourcing.
McKinsey and Company
APRIL 11, 2023
This represents an outsize year for insurer and enrollment growth. More than 3.6 million new consumers entering the market are choosing among an average of 88 plans.
Velocity Global
JUNE 7, 2023
and international companies that send foreign employees on assignment to Mexico or allow them to relocate and work in Mexico must prioritize their employees’ safety and health insurance coverage. Read below to learn how to ensure proper and compliant health insurance in Mexico for your expatriate employees living and working in the country.
Everest Group
APRIL 16, 2024
Explore an emerging approach that addresses insurance needs by combining the power of a highly aligned SaaS core with a low-code platform.
McKinsey and Company
FEBRUARY 3, 2023
In this podcast, three McKinsey partners and leaders of the Insurance Practice discuss the themes that will define Asian insurance in 2023 and beyond.
Perficient Digital Transformation
DECEMBER 29, 2023
Since that blog was published, the FDIC has issued an update on its Restoration Plan for the Deposit Insurance Fund (DIF). The Federal Deposit Insurance Act (FDI Act) requires the FDIC Board to adopt a restoration plan when the DIF’s reserve ratio—the ratio of the fund balance relative to insured deposits—falls below 1.35
IBM Services
MAY 8, 2023
In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. As AI technologies continues to mature and use cases expand, insurers should not shy from the technology.
Perficient Digital Transformation
MARCH 3, 2023
In this blog, we’re going to stay in the world of finance, but pivot to embedded insurance. Recall flying back in the 1970s, when airlines began offering life insurance at the airport to folks before they boarded their flight. Apple makes significant profits selling insurance on their phones. i-Insurance anyone?
McKinsey and Company
SEPTEMBER 30, 2021
Over the next decade, the fully tech-enabled insurer will bear little resemblance to today’s organization. Five trends, individually and in combination, will have a seismic impact.
McKinsey and Company
OCTOBER 14, 2021
As economies emerge from the pandemic and plan for the next decade of growth, insurance companies need to rethink the strategic function of risk.
Perficient Digital Transformation
APRIL 25, 2022
In our previous blogs , we’ve documented how insurance is a complicated product for the traditional commerce process. Insurance is one of the few products that is purchased that one hopes to never have to use – fulfilling a claim means something bad has happened.
McKinsey and Company
DECEMBER 21, 2022
Leaders in McKinsey’s insurance practice discuss industry trends and how companies can be successful by rethinking the life insurance model.
McKinsey and Company
MARCH 17, 2022
As insurers rethink agent relationships, American Family Insurance is looking ahead, investing in digital tools and solutions that help agencies stay on top of trends and changing customer needs.
Perficient Digital Transformation
JANUARY 28, 2022
As customer expectations around how to purchase insurance online evolve, it’s crucial for insurance carriers to create online purchasing experiences that exceed expectations and drive revenue and growth opportunities for their organizations. The insurance industry, just like any other, has seen its trends evolve.
McKinsey and Company
SEPTEMBER 15, 2022
Here’s the role insurers can play. The world’s transition to net-zero emissions will cost trillions of dollars and present new kinds of risks.
Everest Group
OCTOBER 7, 2023
Property and Casualty (P&C) Insurance BPS Enterprises have been increasingly turning to P&C insurance BPS providers during the recession to address elevated operating costs resulting from heightened inflation, which has led to increased claims expenses and rate adjustments for various P&C products.
McKinsey and Company
SEPTEMBER 15, 2022
Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond.
ScaleHub
OCTOBER 31, 2023
A look at four AI + Human Intelligence-related trends McKinsey & Company’s report, Insurance 2030–The Impact of AI on the future of insurance, … The Future Of Insurance with AI and Human Intelligence Read More » The good news: It’s here already.
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