The insurance business will look very different five years from now. AI, IoT, robotics, data, algorithms and analytics will put an increasing pressure on incumbent firms. The vision companies set up now and how they executive it, will determine their survival. Here, you can explore how Cognizant’s digitally-powered, insurance-specific capabilities help transform operations.
Insurers’ strategies must shift the role that insurance companies play, and provide their customers with new types of value. Three key trends are now combining to uproot conventional models in the insurance industry.
The insurance industry is at a crossroads: data, algorithms and artificial intelligence (AI) are redefining the business model. In this new digital landscape, technology laggards risk to lose both customer interactions and access to data.
To accelerate the digital transformation of insurance – to improve customer experiences while increasing flexibility and profitability – insurers need to make an array of strategic decision. We’ve gathered a list of the imperatives they must consider carefully.
Are legacy systems causing you pain? Download this step-by-step guide about how to modernize your IT core.
RPA is just the start; insurers need to holistically embrace more powerful intelligent process automation to improve performance in today’s growth-challenged marketplace.
The insurance industry – from product development to underwriting to claims – is being fundamentally transformed by AI technologies.
With the profusion of insurance consumer data coming online, the role of data intermediaries is emerging as a key player in the insurance ecosystem.
Cognizant is a leading global partner for the insurance industry; 7 of the top 10 global insurers benefit from Cognizant’s integrated services portfolio. In the Nordics and Baltics, our delivery centers for business process services (BPO) is part of many clients’ digital transformation. Learn more at passionforservices
