Disrupt or Be Disrupted: Clearing the Path to Digital Transformation
Digital transformation in the insurance industry is real, led by InsurTech startups that are demonstrating how the creative application of innovative technology can deliver the products, services, and overall experience customers want from every business they connect with. Agents and employees, as well, want a modern way to access, share and work with information, and a complete view of their customers at any time.
With outdated and siloed legacy systems unable to meet these demands, insurers have to decide whether they want to take part in this disruption or be among the disrupted.
To accelerate their digital transformation, insurers should look at platforms that integrate, wrap and extend legacy systems, providing a bridge from their functionally limited present to their agile and responsive digitally transformed future.