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Insurance is one of the most heavily regulated industries in our economy. Regulatory changes occur frequently and are to be expected. However, many P&C insurers
Many factors go into building long-term success as an insurer, but the importance of repeatable processes can’t be overlooked. Developing repeatable processes is an important
The entire economy is facing technological advancement at a quicker rate than ever before. The insurance industry, specifically, is undergoing notable market shifts. With the
As the insurance industry moves further into the digital age, it has become increasingly important for insurers to invest in their digital transformation efforts to
The insurance industry has been known for its heavy reliance on paper-based business processes and records. However, the advent of digital technologies and the growing
Today’s insurers operate in an increasingly complex digital world. They’re facing new challenges as they struggle to meet the evolving demands of policyholders, who expect
The ongoing digital transformation in the insurance world reaches beyond back-office optimizations–the policyholder experience as we know it is rapidly changing, too. Insurers have been
Even before the pandemic hit, the insurance industry faced profitability challenges. Now, as inflation edges upwards, all types of insurance lines are being impacted by rising
Insurance firms burdened by analog processes and other legacy technology “debt” are at risk of being outperformed. A recent PwC survey found that 41% of U.S. consumers
We’re living in the age of empowered consumers and employees. Your policyholders’ expectations for digital experiences and instant ease of access have never been higher. Meanwhile,
As a product they hope never to use, insurance occupies a unique spot in the consumer mindset. Most policyholders stay happy when life’s going smoothly