Summary
Insurers face increasing competition from within the sector and beyond as companies leverage technology to meet consumers' preferences for digital experiences. To maintain an edge, insurance leaders must reinvent their companies to become fundamentally digital, from policy application to renewal. Digital insurance platforms enable this transformation by enhancing speed to market, elevating customer experience, and modernizing IT. This report reviews the emerging digital insurance platform market; digital business strategy professionals should use it to understand the capabilities of digital insurance platforms and to inform their technology strategies.
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