Individual life insurance competition for clients and producers remains high, and insurers continue to look for ways to improve cost profiles while creating competitive advantages through enhancements to products and services.
“We reconfigured our entire office space.”
“Demand for APIs has risen considerably among our brokers.”
“Low-code/no-code is a priority for us, especially for complex products that require more rapid change.”
Now that we’re past the first anniversary of the start of the COVID-19 pandemic, we face an array of operational, financial, and structural decisions inside the insurance industry. These changes will likely be with us long after the dust settles and the post-pandemic normal becomes the de facto operating model.
New Realities/New Customers
In my first blog on questions an IT strategy must answer I discussed the need to communicate how value delivery will be accelerated. That blog focuses the discussion on improving IT delivery and positions IT more as a business partner than a cost center.
Data is a powerful and valuable asset for any insurer, and the industry has a long history of drawing upon third-party data providers to enhance underwriting decisions and marketing strategy. These data providers may operate across industries, with insurance as one of several verticals, or be focused on the insurance industry and its needs.
Pages
Authors
Archive
- 2023-06 (16)
- 2023-05 (18)
- 2023-04 (18)
- 2023-03 (24)
- 2023-02 (21)
- 2023-01 (22)
- 2022-12 (12)
- 2022-11 (18)
- 2022-10 (13)
- 2022-09 (23)
- 2022-08 (24)
- 2022-07 (24)
- 2022-06 (16)
- 2022-05 (17)
- 2022-04 (19)
- 2022-03 (15)
- 2022-02 (20)
- 2022-01 (14)
- 2021-12 (10)
- 2021-11 (18)
- 2021-10 (11)
- 2021-09 (14)
- 2021-08 (12)
- 2021-07 (15)
- 2021-06 (20)
- 2021-05 (22)
- 2021-04 (22)
- 2021-03 (26)
- 2021-02 (26)
- 2021-01 (19)
- 2020-12 (17)
- 2020-11 (22)
- 2020-10 (24)
- 2020-09 (29)
- 2020-08 (40)
- 2020-07 (31)
- 2020-06 (29)
- 2020-05 (32)
- 2020-04 (42)
- 2020-03 (32)
- 2020-02 (18)
- 2020-01 (12)
- 2019-12 (7)
- 2019-11 (19)
- 2019-10 (29)
- 2019-09 (11)
- 2019-08 (22)
- 2019-07 (7)
- 2019-06 (9)
- 2019-05 (28)
- 2019-04 (22)
- 2019-03 (21)
- 2019-02 (20)
- 2019-01 (12)
- 2018-12 (6)
- 2018-11 (15)
- 2018-10 (25)
- 2018-09 (21)
- 2018-08 (20)
- 2018-07 (13)
- 2018-06 (17)
- 2018-05 (27)
- 2018-04 (20)
- 2018-03 (36)
- 2018-02 (19)
- 2018-01 (24)
- 2017-12 (1)
- 2017-09 (2)
- 2017-08 (1)
- 2017-06 (1)
- 2017-05 (2)
- 2017-04 (1)
- 2017-03 (3)
- 2017-02 (5)
- 2017-01 (1)
- 2016-12 (1)
- 2016-11 (3)
- 2016-10 (4)
- 2016-09 (2)
- 2016-08 (2)
- 2016-07 (4)
- 2016-06 (7)
- 2016-05 (4)
- 2016-04 (3)
- 2016-03 (4)
- 2016-02 (5)
- 2016-01 (8)
- 2015-12 (5)
- 2015-11 (1)
- 2015-10 (1)
- 2001-07 (1)