Bringing insurance specialists together from different functions such as IT and underwriting is essential to maximising performance, and making sure good ideas and data are harnessed. This blog highlights a trio of key aspects of on-demand SaaS technology that offer advantages for insurers.
Insurers continue to weigh up the ‘buy vs build’ question: namely, should they buy software as a service (SaaS) technology or build their own in-house systems? In this blog, Duck Creek Technologies’ Chief Technology Officer, Nageswaran Vaidyanathan, shares his views on the buy vs build debate.
Insurance and data management: Five key points to streamline your financial data management to increase profitability
Developing more effective financial data management processes is a top priority across the modern insurance landscape, but legacy system issues need to be addressed first. This blog provides some top tips on how insurers can streamline financial data management and increase profitability.
An open insurance ecosystem can help you connect with partners to build valuable relationships with your customers. Read this content to learn about some key considerations for creating an open insurance ecosystem.
The unprecedented challenges of the last 18 months have drastically shifted the insurance market. Read on to discover the three areas you need to focus on if you’re to grow and thrive in the “next normal”, and how PayPal can help turn the obstacles you’re currently facing into opportunities.
Whole swathes of insurers’ business processes are ripe for reimagining. This content sheds light on how natural language processing (NLP) is proving its worth as the basis for data ingestion solutions that can arguably change the game for insurers and fundamentally transform insurance operations.
With insurance evolving at an unrivalled pace, the nature, frequency and severity of risk has changed. This spotlight focuses on how insurers can adapt quickly to this new environment by leveraging smart loop analytics to make ‘brilliant’ decisions.
Pre-crisis data won’t be sufficient for evaluating your SME clients. Produced by CRIF Decision Solutions, this content focuses on how insurers and brokers can leverage the latest risk evaluation intelligence to gauge SME risks quickly and price cover in a more uncertain post-Covid environment.
This report seeks to identify the key challenges surrounding the implementation of Blueprint Two (BPII), the Lloyd’s modernisation agenda in the London market.
In 2021, insurers must focus on being both digitally-enabled and data-driven in order to remain competitive and succeed. This content focuses on how an end-to-end automated reconciliation solution can deliver significant cost reductions for insurers whilst making spreadsheets a thing of the past.