The insurance market is facing significant disruption from many angles. Political uncertainty, competition from InsurTechs, continued movement in the regulatory landscape, combined with the traditional challenges involved in driving down operational costs make it a tough market.
However these challenges provide opportunities to define and reshape the future of an organisation. Manage change effectively and you can move on from costly and restrictive platforms, support innovative product development and cut costs.
Companies that embrace the opportunities created by emerging technologies, meet and exceed customer expectations, and make the very best use of their own people put themselves in the strongest position. Are you able to innovate in this tightly regulated market? Have you freed your organisation from systems that are holding you back?