Insurtech success in 2022: Taking partnerships from ideas to results
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In our latest research report, in partnership with Epam we have examined the future fundamentals of the partnership journey. In this report we will uncover:
- How to ensure you choose the right partner?
- What you need to get right, and what are the potential pitfalls when partnering?
- What does success look like as well as defining the roadmap to get there?
- What are the key responsibilities on both sides?
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As seen over the past decade, digital transformation is notoriously difficult for large established insurance firms to get right. Partnerships can accelerate this digital transformation, but these collaborations are not without obstacles.
It’s usually easy to get the conversation started but following through and delivering end-to-end on the benefits for both parties can prove to be a lot more difficult. Small and nimble insurtechs can operate at pace and pivot quickly according to changing priorities. Meanwhile every incumbent carries significant regulatory, change delivery and legacy constraints. The journey to realising value from an insurtech partnership requires strategic alignment, a technology focus, product roadmap, and talent.
In our latest research report, we have collaborated with seven thought leaders to examine the learnings from their own collaboration journey, in order to unlock the new fundamentals of a successful future partnership.