Digitalisation is a must for all insurance businesses. But where do you begin?
While some businesses focus on ambitious transformation projects, completely replacing their core systems, there is an alternative strategy that can be equally effective. Namely, digital modernisation.
Digital modernisation is a selective approach that makes carefully targeted enhancements to seamlessly blend new and old technology.
In this webinar, experts from Charles Taylor InsureTech and Insurance Post with guest speakers from Zurich and Oracle, will explain how you can eliminate operational weaknesses, maximise integration, and improve overall performance by focusing on five key areas – without transforming core systems.
In particular, we reveal how building an API-based intermediate layer will:
- Promote interoperability and digital evolution
- Facilitate advanced technologies such as artificial intelligence and machine learning
- Maintain and complement core systems
Five steps for success
Modernisation means making the right decisions at the right time so you invest wisely in technology and reap the benefits of digitalisation at your own pace. Out modernisation framework focuses on the following:
- Legacy systems
- Data analytics
- Digital experience
- Document and process management
- Process automation
Whatever your role in the insurance value chain, our modernisation strategy will ensure your business won’t be stuck in the past and held back by inflexible legacy systems, poor customer focus and compliance issues.
Take control of your future with incremental changes. Digital modernisation avoids the high costs and risks associated with big transformation programmes and sweeping changes, giving you a faster return on investment.
Register now for our webinar on 4 December (3pm GMT) and begin your modernisation journey with insights and guidance from insurance and technology experts.