Juggling Act: Modernising Core Platforms for P&C Insurers
One of the most crucial issues facing insurers is how to modernise their core platforms, which in most cases are unfit for the digital age.
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One of the most crucial issues facing insurers is how to modernise their core platforms, which in most cases are unfit for the digital age.
Covid-19 has caused consumer interest in protection products to rise significantly, while insurers have had to respond quickly, and rapidly gear up for home-working.
The rise of the sharing economy has dramatically reshaped marketing thought and practice. The projected revenue from sharing accommodations and transportation alone will surpass $335 billion in 2025. The recent initial public offerings of Uber and Lyft exemplify this remarkable growth.
A shift toward greater corporate and social responsibility and empathy in general is underway, and 2021 will bring a great global reset.
Any requirement, process, delay or regulatory cost that does not serve insurer solvency or consumer protection should be on the table for retirement.
Sustainability ecosystems enable insurers to call on the resources and skills of a network of partners committed to building a sustainable future.
The unexpected, unprecedented events of 2020 have turned the world upside down. Like every business sector, commercial lines insurance has had to adapt and adjust throughout the year.
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Insurtech company Cuvva is urging the insurance industry to make their coverage options more flexible for UK students travelling back home for Christmas.
For insurers that wish to compare their quotes with competitors, existing platforms and tools are insufficient.
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