Traditionally the launch of new insurance products has been a large undertaking as it requires both business and IT resources and, in some cases, shifting organizational priorities. In addition, building and deploying these new products is both.
Much has changed over the past 20 years or so. Insurers are transitioning from monolithic mainframe-based applications to distributed computing platforms. Additionally, today’s SaaS-based core application suites are available from a multitude of.
Emerging technologies represent an opportunity when designing accident and health insurance products, processes, and platforms. Newer technologies like blockchain, heightened consumer expectations for anytime anywhere services, and the impact of.