Platform Systems: Foundation for Agility, Speed, and Innovation

Platform Systems: Foundation for Agility, Speed, and Innovation

Innovation & Agility = Insurer Survival. COVID rocked our world. Normal family, community, and business practices turned upside down. Insurance operations that relied on paper and in-person interactions obsolete. Surviving requires innovation and agility. Without an enabling platform, it’s impossible. That’s why every insurer needs to build an innovation scorecard.

Denise Garth, Chief Strategy Officer, MajescoPlatform Systems: Foundation for Agility, Speed, and Innovation
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Digital Insurance & Speed to Market – It’s Time to Get Your Game On

Digital Insurance & Speed to Market – It’s Time to Get Your Game On

Covid-19 is rapidly changing our world. It’s accelerated the digital transformation of our society, businesses, and personal lives by at least 5 years. The digital leaders in insurance are responding by accelerating their own digital transformation and initiatives. What that means to fast followers and laggards is that if you expect to survive the 2 – 3 years, It’s time to get your digital game on.

Mike Connor, CEO, SVIADigital Insurance & Speed to Market – It’s Time to Get Your Game On
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COVID’s Digital Mandate: Insurers Double Down on Transformation & Innovation

COVID’s Digital Mandate: Insurers Double Down on Transformation & Innovation

Over the past months, I’ve been in conversations with multiple carriers, tech vendors, and InsurTechs. In the early days of COVID, it was all hands on deck to protect employees and to care for customers during the quarantine. While there is still work to do in those areas the conversation has shifted dramatically in the past month. The conversation now is how to accelerate digital transformation in preparation for the new normal. 

Mike Connor, CEO, SVIACOVID’s Digital Mandate: Insurers Double Down on Transformation & Innovation
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What’s Next for P&C Customer Engagement?

What’s Next for P&C Customer Engagement?

P&C customer engagement is changing. That change driven by InsurTechs and Big Tech firms engages customers personally through the use of big data, AI & ML, awesome UX design and back end systems purpose-built to support this kind of engagement. That’s just the first wave. What’s coming next as these companies tap deeper into the digital ecosystems surrounding insureds will change the competitive ground rules again.

Mike Connor, CEO, SVIAWhat’s Next for P&C Customer Engagement?
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Insurance Core Systems: Requirements for a Digitally Connected World

Insurance Core Systems: Requirements for a Digitally Connected World
Last week thought leaders from across Insurance gathered in Palo Alto, CA at our Digital Ecosystems & Insurance: Strategies for Innovators conference. The discussion centered around how digital leaders are leveraging digital ecosystems to accelerate their competitive advantage. Included in that was the impact on core systems.

Mike Connor, CEO, SVIAInsurance Core Systems: Requirements for a Digitally Connected World
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Health ecosystems: striving towards an integrated and seamless patient experience

Health ecosystems: striving towards an integrated and seamless patient experience

We have seen a shift in focus from treatment to prevention. It has come to be understood that it is much cheaper to prevent a condition from developing than to treat it. Here are some considerations for insurers integrating digital ecosystems and prevention into their next generaton solutions and strategies.

Corinne Fitzgerald, Researcher, Evangelos Avramakis, Head Digital Ecosystems R&D, Jonathan Anchen, Head SRI Research & Data Support, Aakash Kiran Raverkar, Research Analyst, of Swiss Re InstituteHealth ecosystems: striving towards an integrated and seamless patient experience
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HealthCare: The Revolution is Finally Here

HealthCare: The Revolution is Finally Here

We are finally beginning to experience a long-awaited revolution in the insurance industry. Historically, insurance has been one of the last and slowest industries to embrace technology as a means of modernization and process innovation. The insurance industry is fragmented, without common standards, and until very recently did not attract many investment dollars, which exacerbated the general lack of incentive to modernize. However, in the past few years, we have seen signs of revitalization in the industry, and it is becoming an exciting time to be a part of the insurance community.

Jason Andrew, Co-Founder, Limelight HealthHealthCare: The Revolution is Finally Here
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3 Parts to Framing a Digital Ecosystem Strategy for the Insurance C-Suite

3 Parts to Framing a Digital Ecosystem Strategy for the Insurance C-Suite

If you’re responsible for strategy, innovation or digital transformation you are likely getting an increasing number of questions from C-Suite Executives about Digital Ecosystems. For most insurance companies, the concept of digital ecosystems remains vague. Its something between a buzzword and examples like Google, Apple, and occasionally Ping An, the Chinese insurance giant. These examples provide little in terms of actionable insight that enable executives to redefine priorities or reallocate resources. A simple explanation of what digital ecosystems are and breaking your strategy into 3 parts will.

Mike Connor, CEO, SVIA3 Parts to Framing a Digital Ecosystem Strategy for the Insurance C-Suite
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The Future of Insurance Distribution – Digital Ecosystems

The Future of Insurance Distribution – Digital Ecosystems

The way insurance is purchased will change dramatically in the very near future. Insurers, Brokers, and Agents need a strategy if they intend to survive. Digital Ecosystems are growing and maturing to support every part of our personal and business lives and activities. They provide a marketplace of services and products that are increasingly connected to us and the world around us. Services and products that leverage data, and machine learning to provide highly personalized offerings. It is within these digital ecosystems that the future of insurance is being forged. A future that will change everything we know about insurance distribution.

Mike Connor, CEO SVIAThe Future of Insurance Distribution – Digital Ecosystems
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