Insurtech’s promise was that it would support innovation through contemporary customer experiences and emerging business models. The truth is that insurtechs are just one part of diverse insurance ecosystems and require something more than legacy core systems to achieve their potential. They need “coretech.” And in 2020, they can get it.
The whole idea would have been ludicrous even three years ago. Now, seemingly out of nowhere, new and credible insurance brands are popping up with slick user experiences, instantaneous quotes, five-minute buy cycles, and DIY service options—all available on your phone—24 x 7 x 365. And what makes all this possible? Rapidly maturing cloud-native architecture, digitization, open APIs, and the mainstreaming of the greenfield initiative as a favored strategy are enablers.
Principal's CIO for Individual disability insurance describes the business drivers and technology behind its new IDI platform
If you could start over, knowing what you know today, what would your life look like? Where would you live? How would you spend your time and money, and with whom?
We are pleased to announce that EIS Group received the highest score in two of five use cases in Gartner’s 2019 Critical Capabilities for Life Insurance Policy Administration Systems, North America report.1 In its first year of recognition in the report, EIS Group was assessed as one of 12 vendors, and received two of the highest use case scores, one second highest score and a third highest score.
Dental insurers circle the ancillary benefits market and consider a modular platform approach
Guardian’s head of direct to consumer talks about the opportunities and challenges of D2C
EIS Group now offers insurers the industry's largest number of core-connected digital APIs in an open architecture to drive digital experience and integration
As insurers learn to adapt to the digital age, the supporting technologies continue to evolve. The ground we are building on is shifting because computing itself is changing, and a new era of computing is upon us.
PAS gets a redefinition as new data sources, AI, ML, and recommendation engines change the insurance offer lifecycle