Decision Management for Efficiency Improvement in Insurance

Digital transformation of health, life and non-life insurance processes.

One of the main challenges for incumbent insurance carriers remains the persistent drag of legacy technology systems.

Fifty-six percent of chief information officers of insurance companies say that “increasing operational efficiencies” is the key business issue for them to address across the value chain. The opportunities have never been greater to harness new digital technologies to lower the cost of business, better serve the customer, and offer new, more tailored, products and services.

Effective decision management to the rescue

Decision management is a core technology for digital transformation in the insurance industry. In this product feature, we elaborate on how automation of operational decisions across the insurance lifecycle, can help your organization achieve your efficiency objectives – from sales & underwriting and claims processing to product management and contract operation.

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