Insurance providers that transform themselves into data-powered companies will outpace their traditional competitors. They’ll release value locked in their data by improving operating efficiencies and business agility. They’ll also be able to create value by using data to open an array of new revenue sources. How can insurers become data-powered companies? Investing in key digital…

Insurers are modernizing their core life and annuity administration systems and are increasingly moving them to the cloud. Over a year ago, Accenture surveyed 50 C-level insurance company executives and learned that 70 percent have already done formal planning and analysis on moving legacy applications to the cloud. In fact, they’ve earmarked 11 percent of their IT budgets for cloud through 2022. What if you’re not in the 70 percent. Where do you begin? The first step is…

With the arrival of COVID-19 in North America and social distancing actions to slow the spread of the pandemic, many in the insurance workforce stopped working from the office. In fact, 100 percent of the C-suite executives we surveyed across the insurance industry have implemented remote work from home in some form. Increases in productivity…

Cyber insurance, once considered a “nice to have,” today is poised to become a must-have in the new business realities created by the COVID-19 pandemic. We find ourselves in a moment of great uncertainty. COVID-19 changed everything practically overnight. Corporations sent entire workforces home to work, and many brick-and-mortar businesses quickly switched to e-commerce. These…