Tech Decisions Tech Decisions,

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All too often the competitive advantage in today's insurance marketplace goes to the company with the biggest budget or the most recognized brand name. But what if insurance companies of all sizes could compete effectively for business and win over the big brand name? What if limitations presented by marketing budgets, technology dollars, physical size, and number of employees could be overcome by the creative application of integrated functionality and new technologies? David could potentially conquer Goliath on a level playing field.

There are many challenges to achieving agile, efficient policy administration. In many insurance companies, rigid legacy systems that once drove policy administration are aging beyond the point of repair and are simply inadequate when it comes to handling the situations and service demands presented by today's insurance consumer. Being able to streamline processes to achieve efficiencies and respond quickly to market demand actually can give you an advantage over bigger carriers that are tied to archaic systems and technology.