Navigating Disruption in Insurance
How 4 macro trends are leading Insurers to transform their claims experiences into digital-first, customer-centric engagements
Dynamic external influences including environmental factors, technology-driven disruptions, customer retention concerns, and economic pressures are just a few of the disturbances that Insurers face. It is unlikely that these factors alone will cause any Insurer to go out of business, however, combined with the disruptive nature of InsurTech solutions that are steadily gaining market share, Insurers must explore updating their processes and infrastructure to stay ahead of the competition.
In this white paper, we will discuss the macro trends that are having a significant impact on the insurance industry and how leading Insurers are evolving their organizations and accelerating their digital strategies to respond to consumers demands for a more modern experience – ultimately enabling them to be more competitive, to remain relevant and to succeed in the long-term.