You’d be surprised how many insurers are trapped with outdated business processes simply because of the technology systems employed. Systems were designed specifically to support those now antiquated processes and without the flexibility necessary to support necessary change. Ambitious insurers are investing in modular, scalable, microservice based architecture for their core platforms. They know this is the only way to future proof their business, to be able to quickly and continuously create and support evolving digital experiences and simplified processes customers demand.
Healthcare Transformation Architect
Innovative digital-first experiences matter
As we collectively learned throughout the pandemic, we’re living in a digital, always-on world. Businesses lacking the technology to keep up with the competition should be mindful that someone better prepared will follow on and dislodge them, meaning legacy systems no longer cut it.
With EIS Coretech, you can replace multiple systems with a platform designed around your customer. Once on board, our Coretech platform enables you to deploy, innovate and transform at pace to meet ever-changing demands.
Providing experiences and empowering your customers – and employees – to engage in a digital-first world will make the difference between those that grow and thrive and those that stagnate.
Does more digital mean less human?
The pandemic ushered us into a digital-first, always-on world. Whilst many predicted this would last until we were on the other side of COVID, it looks to be going nowhere.
Can data win the race for sustainability?
Insurance isn’t alone in rising to the challenges of climate change. But in doing so, there are two key questions we must ask; 1) how can the insurance industry operate better? 2) what more can the industry offer to affect this? To help answer, we look at the role data has to play in sustainability.
The advent of native core systems means the insurance industry can better track, analyse and engage with its customer. Such data means we can now better personalise experiences and distribute products and services. It also means insurers can positively influence behaviour and mitigate risk. We call it Embedded Insurance 2.0 and the possibilities are radical.
Embedded insurance is one of the hottest topics in insurance today. It’s estimated to be a $3.5 Trillion market opportunity. Get inspired by the future of customer experience and understand the differences between embedded insurance, insurance ecosystems, and the emergence of embedded insurance 2.0.
5 Reasons Embedded Insurance 2.0 is the Next New Thing infographic
With cloud-native core systems, insurers can now combine and analyze custome, IoT, and other data to personalize experiences, distribute products and services, influence…
Embedded insurance: A new route to growth and value whitepaper
Learn what Simon Torrance, founder, Embedded Finance & Super App Strategies, has to say about embedded insurance.
Tech Trends infographic
How can insurers create a culture of innovation?