Jeremy Stevens, Business Unit Director EMEA at Charles Taylor InsureTech interviewed with Insurance Business UK on Meeting Gen Z’s demands - the digital shift. He explained that large organisations with extensive global operations and decades-old business lines like motor insurance, rely on outdated systems. He stated that over the past five years, these organisations have begun modernising their systems to integrate disparate data feeds into a unified platform. The challenge however is modernising legacy systems while maintaining seamless operations. Read the full article to learn how insurers are bridging this gap with cloud integration and innovative technologies here: https://lnkd.in/gm9JNSgT #InsurTech #DigitalTransformation #Insurance #Innovation #GenZ #InsureTech
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🌟 P&C Insurance in 2025: Trends to Watch 2025 is here, and the P&C insurance industry is evolving faster than ever. Brandon Angelakos dives into the top tech trends that carriers can’t afford to ignore this year. Here’s a quick look: ✅ Conformance Reviews: Keeping systems stable and compliant in a fast-changing landscape. ✅ Cloud Migration: Why cloud-native solutions like Duck Creek OnDemand are game-changers. ✅ Performance Optimization: Streamlining operations with analytics, automation, and smarter testing. These trends aren’t just about keeping up—they’re the key to thriving in a competitive market. 💡 Curious to learn more? Check out Brandon’s article for insights and strategies to stay ahead in 2025. https://lnkd.in/gD8Q7w8b #InsurTech #InsuranceInnovation #CloudMigration #P&CInsurance #2025Trends
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The modernization of technology in the annuity and insurance sectors is essential as the digital landscape continues to evolve rapidly. Our forthcoming webinar will explore how effective modernization strategies rely on proper business-IT alignment and the implementation of Agile models, with industry cloud solutions playing a pivotal role in integration. Date: Thursday, 5 September 2024 Time: 3 PM BST / 10 AM EDT We invite you to participate in this insightful session, which aims to provide critical knowledge and tools needed for executing successful technology transformations within your organization. This webinar represents a significant opportunity for both leaders and team members involved in driving change to remain competitive in the fast-paced world of annuities and insurance. Register now: https://okt.to/7Ovf3A #TCM #webinar #Annuities #Insurance #Technology #Finance
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Embracing the Future of Annuity and Insurance Technology As digital advancements our industry, it’s essential for life and annuity insurers to update their legacy systems. Our upcoming webinar will explore the crucial role of aligning business and IT initiatives and implementing Agile methodologies, with a specific focus on how industry cloud solutions can improve connectivity. Mark your calendar for Thursday, 2024, at 3 PM BST. This session is designed to provide you with insights and strategies essential for a successful technology overhaul within your organization. Whether you’re spearheading innovation or contributing to the transformation process, this webinar is a vital resource for navigating the ever-evolving landscape of annuity and insurance. Don't miss out – register today: https://okt.to/WHFe4T #TCM #webinar #Annuities #Insurance #Technology #Finance
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🎤 I recently moderated a captivating talk between Ashish Garg, Principal of Insurance Transformation, and Matthew Wolff, Principal of Cloud and Digital at PwC. We uncovered game-changing insights on modernizing legacy systems in the insurance industry, ensuring competitiveness, and meeting customers' evolving needs. We also discuss how GenAi can expedite legacy modernization Initiatives. Click the link below to sign up 👇
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On Profiles in Risk - Ep. 539, I chat with Miguel Edwards, NACD.DC, Founder and Principal Consultant at FiveM Consulting, LLC. Miguel is a former Carrier CIO at two different carriers and has a strong strategy background on cloud migration and data. His new consulting firm is focused on bringing his big carrier experience to the small carrier space ($100M to $500M in premium). His team of six all come from industry and provide a more personalized approach to consulting with a deep understanding of the insurance industry and insurance technology. LINK TO THE SHOW IN THE FIRST COMMENT! #Insurance #Insurtech
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Parametrix has launched tailored parametric insurance solutions protecting large enterprises from system interruptions. Policies provide comprehensive coverage for both company owned and third-party IT systems such as cloud services, payment gateways, and CRMs are insured under one policy. Enterprise solutions are customized to address the unique needs of each individual clients. For example, a policy can serve as an alternative to performance or SLA guarantees, offering financial advantages such as collateral relief and reduced funding costs. As experts in cloud outage insurance, this new offering represents a natural evolution in our commitment to helping businesses protect their digital supply chain. You can read more about it here: https://lnkd.in/dpziv4Da Artemis.bm Steve Evans #parametric #insurance #enterprisesolutions #systeminterruption #digitalsupplychain
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From Legacy to Cloud: The Insurance Industry's Digital Transformation The insurance industry's move to cloud-based solutions doesn't have to be an all-or-nothing endeavor. Quick Silver Systems' Mercury Platform offers a revolutionary approach to modernizing insurance operations without a complete system overhaul. Our modular design allows insurers to embrace digital transformation at their own pace. The Mercury Platform seamlessly integrates with existing legacy systems, enabling carriers to modernize specific functions while preserving their current investments. Whether it's policy administration, claims management, or customer portal or policyholder communications, insurers can choose where to start their cloud journey. With Mercury's API-first architecture, insurers can enjoy enhanced security, scalability, and data analytics capabilities of cloud technology. This approach spreads transformation costs over time and future-proofs operations. Step confidently into the future of insurance technology with Mercury, improving customer experiences and operational efficiency without the risks of full system replacement. #InsurTech #DigitalTransformation #CloudMigration #MercuryPlatform
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Ready to revolutionise your insurance business? Be part of our live demo webinar on April 30th, 11am EST and learn how Talkdesk reshapes insurance workflows, powering your team and revolutionising customer service. Seize the future of Insurance!
🚀 Experience the future of Insurance with Talkdesk Financial Services Experience Cloud! Join our live demo webinar on April 30th, 11am EST and witness how our platform streamlines policy servicing, claims management, and new business workflows. Learn how Talkdesk empowers your employees and delivers exceptional customer service. Register now: https://bit.ly/3xzRVf5 #Insurance #CustomerExperience #Talkdesk
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Transform Your Insurance Business with the Power of Cloud Technology! Are you ready to unlock the full potential of your insurance operations? Dive into our latest blog to discover the top 10 benefits of using Financial Services Cloud, tailored specifically for the insurance industry. Learn how these innovative features can significantly enhance your customer relationships, optimize operational efficiency, and drive strategic growth. 🔗 Discover more in our full blog here: https://lnkd.in/gGXePx2g At Corptec Technology Partners , we're not just technology experts; we are dedicated specialists in the financial services industry. Our team has the expertise to design and implement Salesforce solutions that are perfectly suited to the unique demands and opportunities of your insurance business. Don't miss the chance to transform your organization with a solution that's crafted just for you. Know more about our offerings for Insurance companies: https://lnkd.in/gjyRDPqF #insurance #financialservices #customerrelationshipmanagement #salesforce #customer360 #fintech #underwriting
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Advances in analytics, automation and the cloud alter how brokers, underwriters and reinsurers operate. Data and its flow across the company is the very bloodstream, but surging volumes, complex structured and unstructured formats, and siloed legacy systems conspire to minimize data's realizable value. https://cogniz.at/47kySmw
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