8 Traits of Next Generation InsurersHow traditional insurers are holding themselves back
The insurance industry is at a tipping point. A next generation of insurer is emerging, disrupting traditional business models. Their approach is different: instead of looking in the rear-view mirror for how things have been done before, they are looking forward, breaking down the core elements of insurance and reinventing them from scratch. Next-generation insurers understand that the proper application of technology and information can define success or failure in today’s digital world. Traditional insurers must adapt to this disruption … or risk being completely displaced from the marketplace.
Report Snap Shot
- Next-generation insurers are reinventing traditional insurance products and services
- Modern technology drives customer experience improvements
- Traditional insurers can mitigate risk and ensure successful modernization efforts