Catapulting into the future of Insurance with Guide wire

Digital transformation has been a buzzword for the insurance sector for a while now. Research by Oxford Economics suggests that 90% of insurers have a long-term plan for technology innovation, impacting the entire organization[1]. Foundational processes on the insurance value chain, including policy formation, claims management, and billing can gain significantly from the use of digital tools. However, the move to digital must be supported by a robust transformation at the core. Before insurers can look at benefiting from emerging tools like artificial intelligence (AI), immersive reality, or blockchain, they must relook at the heart of insurance Introducton operations from a digital perspective. This is why platforms like Guidewire are rapidly gaining prominence.

Guidewire is among the premier providers for core platforms in P&C, positioned as a Leader by Gartner’s 2018 Magic Quadrant. And given that the Guidewire solution suite is designed for deep configurations, carriers can gain significantly from partnering with an experienced managed services provider. This will help to cull out the maximum value from implementation, addressing long-standing industry challenges and paving the way for continued innovation.

Catapulting into the future of Insurance with Guide wire