Posted on May 22, 2015 by AccentureINS
The development of smart objects on the edge of networks is leading to a disruption in the way business has traditionally worked. Why buy health insurance, when you can buy health monitoring and advice to keep you fit and well? Why own a car and pay for 24/7 auto insurance, when you can share one and insure it only when you drive it? The convergence of software analytics, visualization technologi . . .
Posted on May 22, 2015 by John Cusano
For the past several weeks I’ve examined the findings of Accenture’s Technology Vision for Insurance 2015 study through a series of brief videos.
The last in the series looks at how Digital Transformers are not just integrating digital technology, but are also changing their insurance business profoundly.
You can watch the last of the video series here:
And for more information, read the Accentur . . .
Posted on May 21, 2015 by Eva Dewor
Senior risk professionals in the insurance industry need to strike a careful balance between the traditional and less established aspects of their roles. That’s one of the key findings of our 2015 Risk Management Study, the fourth edition of a study we first published in 2009.
We interviewed 150 insurance industry risk executives from around the world to gain insight into their challenges and oppo . . .
Posted on May 21, 2015 by Cindy De Armond
We talk a lot about digital disruption in insurance and other businesses, but what’s taking place in core systems is not so much dramatic disruption as a series of steady advances. I have been spending a lot of time lately with the strategic allies in our Accenture Duck Creek core systems and processing business. These are best-of-breed companies busy revamping and expanding basic policy and pr . . .
Posted on May 21, 2015 by Jamie Althorp
In the first of a new series of blogs, Jamie Althorp, head of Accenture’s London Market and Specialty Practice, explains why participants need to take action now to safeguard the pre-eminence of the world’s largest market for commercial and specialty risk.
At first sight, all’s well in the London Market. Gross written premiums are continuing to rise and, for the moment, there are few indicators th . . .