Remove Collaborations Remove Insurance Remove Reduced Costs
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Insurance Technology Market Trends: Reflecting on the Recent Guidewire Kufri Release | Blog

Everest Group

Guidewire’s latest release, Kufri, showcases the company’s dedication to innovation, efficiency, and global reach in the insurance technology space. Emphasizing streamlined processes, advanced data analytics, and expanded global solutions, Kufri is set to enhance the competitive edge of insurers worldwide.

Insurance 162
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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity.

Insurance 130
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Unpacking the Low Code/No Code Opportunity in BFSI | Blog

Everest Group

Low code/no code development holds promise for banking, financial services, and insurance (BFSI) firms to gain agility and cost-effectively build innovative technology solutions – without needing professional developers who are in short supply. Reduced cost by having internal teams for development and maintenance.

Insurance 147
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The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

This can save money on transaction processing, leading to lower operating costs. Banks are using blockchain to help manage the documents needed for completing a trade transaction, including contracts, letters of credit, bills of lading, import/export licenses, insurance certificates, and more.

Banking 246
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Unleashing IT Industry Growth Potential with Asset-Based Business Models | Blog

Everest Group

For instance, Accenture’s acquisitions of Navitaire and Duck Creek Technologies showcased the power of assets, while TCS strategically positioned ignio as a transformation catalyst and upheld BaNCS as a revenue-generating platform within banking, financial services, and insurance (BFSI). How will this impact internal collaboration?

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Navigating Change: How Regional Payers Stay Ahead

3Pillar Global

They collectively insure ~130 million Americans, including nearly half of the employer market. I’ve had the privilege to collaborate and connect with exceptional regional plan leaders across strategy consulting roles and more recently in-house at a regional plan. That’s putting further pressure on HR leaders to reduce costs.

Insurance 104
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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient Digital Transformation

One such industry that will be forced to utilize AI solutions to gain a competitive advantage is the regional insurance carrier industry. By harnessing the power of AI, regional insurance carriers can streamline their operations, enhance customer experience, and make more informed decisions.