4 Must-Have Capabilities for Success in Insurance

Data, algorithms and artificial intelligence are changing insurance in near real time. Insurers that fail to embrace a digital mindset, risk missing out on the $1.6 trillion of value that next-generation insurance is set to create in the next three years. Here’s what insurers need to master to survive if not thrive in the years ahead. Once insurers […]

Unfurling the Blockchain Blueprint

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Organizations worldwide see blockchain as a significant force for their business and industry, and are well on their way to developing a strategy, with an eye on reducing operating costs, automating key business processes and enhancing trust and transparency, our latest study reveals. Our recent global study of 3,000-plus senior executives found that a vast majority […]

How Storebrand Created a Modern Actuary Framework

Norwegian Storebrand’s framework to support its actuaries involves a new software solution together with a specialized Cognizant team in Vilnius. Here, IT skills merge with business knowledge and the team now constitutes the engine that generates data, develops models, and allows Storebrand’s actuaries to focus on qualified tasks like analysis and business improvements instead. So […]

Bots and Insurance: Making Sense of the Benefits

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When it comes to adopting the latest technology, the insurance industry is widely regarded as a laggard. Until recently, few insurer-developed social, cloud or mobile-first apps even existed. Now, bots are wining ground; customer-facing applications are popular because that’s where both revenue and customer experience stem from. The advent of robotic process automation (RPA or “bots”) […]

3 Recommendations for Future Insurance Organizations

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Why should insurers study human behavior? Because understanding human behavior, and acting upon it, will be a true differentiator in the future, and will enable insurance’s next-generation services.

Storebrand’s Efficient Asset Liability Modelling Framework

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Norwegian Storebrand’s framework to support its actuaries involves a new software solution together with a specialized Cognizant team in Vilnius. Here, IT skills merge with business knowledge and the team now constitutes the engine that generates data, develops models, and allows Storebrand’s actuaries to focus on qualified tasks like analysis and business improvements instead. So […]