Accenture-commissioned research from Forrester Consulting shows that 88 percent of insurers use a third-party solution provider for at least one component of their digital transformation.

Insurers—and claims leaders especially—are no stranger to engaging third-party solution providers to fill gaps, provide efficiencies or add capabilities to the business. Indeed, Accenture-commissioned research from Forrester Consulting found that 88 percent of insurers use a third-party provider for at least one component of their digital transformation. In this Insurance Insight of the Week, we’ll look at why insurers work with third-party providers.

Insurers trust third-party solution providers to help drive customer experience

Click the image below for a large version of the Insurance Insight of the Week.

Why does your organization engage third-party vendors to support its digital transformation?

This research shows that insurers are already looking outside their four walls to strategic partnerships and relationships. It’s a theme that is highlighted in Accenture Technology Vision for Insurance 2016. The platform economy offers insurers a way to extend the insurance value chain, offer more value to their customers and strengthen the customer relationship.

Thanks again to my colleagues at Accenture Interactive for commissioning this study, and to Forrester Consulting for conducting the research. I encourage you to read the full report, which includes four recommendations to more effectively drive the digital transformation of your business. Register to download the full report, Digital Transformation in the Age of the Customer: A Spotlight on Insurance (PDF).

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