Featured in FinTech Futures: This article looks at how the rise of InsurTechs, together with cost effective, flexible digital technology tools and platforms is creating growth and innovation in the insurance industry.
Achieving operational resilience is inherently challenging given the increasing complexity of processes, technology infrastructure, and organizational silos. However, the business benefits go beyond pure risk and compliance, often forming an inherent part of a firm’s value proposition.
The technology needs of insurers are evolving. This article explores trends, comparisons with other industries and sets out what we believe to be the key pillars of a digital insurer’s technology strategy.