Technology Trends
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Technology Trends
Seven insurance technology trends that will transform the P&C industry in 2023
The development and implementation of new insurance solutions in the P&C insurance industry are already well underway in 2023. This blog sheds light on what’s new in P&C insurance technology and seven new insurance technology trends to expect this year.
Insurance challenges creating the frictionless customer experience in the real world
The difference between insurance and assurance provides a useful illustration about insurance and peace of mind in today’s digital world. This blog highlights the challenges facing insurers as they strive to provide frictionless customer journeys and how innovations such as open insurance can help.
Shift technology insurance perspectives - Underwriting risk detection
Underwriting professionals are under incredible pressure to meet customer expectations for quick application approvals while at the same time keeping their portfolio as clean and profitable as possible. This report tackles the critical problem of underwriting risk detection.
Embedded insurance podcast
Embedded insurance is projected to account for over $700B in GWP by 2030. This podcast from Duck Creek Technologies focuses on how embedded insurance presents insurers with growth opportunities and the ability to provide customers with personalised coverage at the point of sale.
Future of insurance claims is a 'data first' approach
There is little doubt the insurance industry will need to adopt a ‘data first’ approach to provide effective claims management processes in the future. This blog highlights why putting data first may take a change in mindset and the importance of taking a holistic approach to claims assessments.
Staying agile and evergreen: The advantages of a SaaS core system for general insurance providers
To win in today’s increasingly competitive insurance industry, insurers need modern core systems and solutions that support their business strategies and empower them with the ability to pursue innovation. This flipbook explores the advantages of a SaaS core system for general insurance providers.
Five key KPIs in insurance fraud detection and why you should be tracking them
Preventing, detecting and recovering payments on fraudulent claims are key objectives for SIU teams. Designed for counter-fraud specialists, this content highlights the value of assessing current investigative performance, five KPIs in insurance fraud detection and why you should be tracking them.
Tech trends #16: How technology is transforming P&C insurance
In this short video, Laura Drabik, chief evangelist at Guidewire outlines how new technologies enable insurers to make a profound difference in people's lives. Watch this video to find out about the exciting ways in which insurtech is improving customer journeys and claims service.
Breaking the barriers to insurance innovation
Insurance continues to push for modernisation and innovation but meeting the customer’s continually rising expectations for a seamless digital experience is no easy task. From blockchain to open business conversations between teams, this blog highlights how insurers can drive innovation.
Embedded insurance: Are insurers ready for a new business model?
Embedded insurance offers the potential of a rich seam of new business and lower-cost distribution. But, as a recent roundtable revealed, insurers are still figuring out how to get comfortable with their new partners. This article provides a summary of the discussion and the key points raised.