Camilion Solutions, a provider of insurance product development solutions and property/casualty policy administration solutions, has launched a new video titled "Enterprise Product Agility for Insurance."
In this 10-minute video, Kathy Woodliff, CEO of Woodliff Global Consulting, and Steve Sigal, senior product manager for Camilion, discuss how achieving enterprise product agility can help insurers work smarter and get quality products to market faster. This video was designed to be of interest to insurance company executives, underwriters, business analysts, product managers, and IT professionals.
Topics discussed include:
- Why product agility is critical for insurers to survive and thrive in today's economy.
- The four key components of enterprise product agility.
- The benefits insurers are realizing as a result of adopting a product agility strategy.
- How shifting from coding to configuring products can accelerate time to market.
- Why insurance companies have been slow to invest in product management.
- The product agility diamond framework.
- Practical advice and best practices for implementing a product agility strategy.
To view the video online, click here.
"Enterprise product agility is a key factor in achieving business agility," says Gwen Lannaman, vice president, marketing, Camilion Solutions. "It is the ability to drive relevant products to the right customers ahead of the competition at speed and volume. Today, many insurers rely on high-touch, time-consuming manual processes to develop, modify, and manage products. Product information is hard coded into multiple legacy systems, which means the smallest change requires significant IT time and resources. Enterprise product agility brings automation, predictability, and audibility to the product development process increasing an insurer's capacity to get quality products to market faster and increase revenue."
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