Legacy Back-End Hindering Digital Transformation | Market Insights™
Although technologies such as AI, blockchain, and IoT can assist insurers in digital transformation, legacy back-end can be a barrier to the realization of its full potential
Although technologies such as AI, blockchain, and IoT can assist insurers in digital transformation, legacy back-end can be a barrier to the realization of its full potential
Key Factors
Third-party administrators, BPO providers, and BPO providers with TPA capabilities each have something to offer insurance carriers; however, determining the best choice for an individual enterprise depends on specific outsourcing drivers
Strategic imperatives and technology enablers to transform current insurers for the future
InsurTech Trailblazers: Claims Management
InsurTech Trailblazers: Policy Administration
InsurTech Trailblazers: Underwriting
InsurTech Trailblazers: Sales & Distribution Channel Management
InsurTech Trailblazers: Product Development
From an initial list of 100+ startups, Everest Group narrowed the field to 40 firms based on their ability to address insurers’ specific business priorities across value chain tenets
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