Automating risk management, rating, quoting and renewals, integrating massive disparate legacy systems, and redefining age-old business models — essentially all at once — is no small task.
But they offer progressive insurers great opportunities to vault past the competition.
It seems as if emerging insurance technologies have flooded the market overnight. This shift, evolving over decades, has seen a rush due to agile disruptors recognizing the need for digitization and automation in a market previously slow to change.
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