‘More than half of insurance CEOs are extremely concerned about the pace of change amid disruption from insurtech and digital-platform players. Insurers need to become digitally enabled, customer-focused organisations with seamless, end-to-end business models. These must run from advice and origination, all the way to claims, and combine the best of humans and machines in a “bionic” organisation.’ - Adapted from the PWC CEO Survey 2018 — Insurance
Amazon and Uber have disrupted the world with instant-access, individual-user power. Digital consumers – especially Millennials and Generation Z – demand 24/7 product availability at the point of sale on any device. Piercing these disruptive channels is essential to capture the digital expectations of consumers who want customised, value-added offerings. Sporadic service calls from the insurance agent are no longer going to satisfy customer expectations.
Are you hampered by expensive and cumbersome legacy IT core systems, as well as costly manual processes?
Do these legacy systems struggle to integrate with modern distribution channels?
Are you supporting costly brick and mortar distribution channels?
Do you have sophisticated digital systems, but have limited access to new online and mobile-distribution opportunities?
Are you strangled by high costs of product development and slow speed to market? Is the risk of product failure high?
Are you limited in geographic reach?
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