Guidewire Software’s Post

Mastering Data brings so much value to insurers across different functions and the ability to keep golden client records refreshed with external data is what turns it into a key differentiator and revenue generator for our clients. James Hargreave eloquently outlines the challenges and benefits in the article below.

Download Whitepaper: https://lnkd.in/gFMhxksh As per the 2024 Global #Insurance Executives' Survey, 54% respondents cited insufficient #data as the top challenge when it comes to enhancing customer experience. Traditional core insurance systems have been siloed, where #underwriting, #losscontrol, #actuarial and revenue departments are not well integrated, leading to inconsistent data intake, communication breakdowns, and missed opportunities for #profitability. Download our whitepaper for steps to unlock data-driven and actionable insights by integrating your insurance ecosystem. https://lnkd.in/gFMhxksh

Auto Decline will automatically decline risks which are outside of your appetite. It is one of three workflow automation solutions forming Auto Review, our Solution which analyses risks in seconds and takes action accordingly. Learn more today:vrsk.co/45ikAC9 #AutoReview #InsurTech #Solutions #DigitalFollow #Insurance

Auto Decline will automatically decline risks which are outside of your appetite. It is one of three workflow automation solutions forming Auto Review, our Solution which analyses risks in seconds and takes action accordingly. Learn more today:vrsk.co/45ikAC9 #AutoReview #InsurTech #Solutions #DigitalFollow #Insurance

✌ Center Test utilizes reusable elements to simplify maintenance allowing you to update common workflows across your entire framework at ones. 🌟𝑪𝒆𝒏𝒕𝒆𝒓𝑻𝒆𝒔𝒕 - 𝒂 𝒏𝒆𝒙𝒕 𝒈𝒆𝒏𝒆𝒓𝒂𝒕𝒊𝒐𝒏 𝒕𝒆𝒔𝒕 𝒂𝒖𝒕𝒐𝒎𝒂𝒕𝒊𝒐𝒏 𝒇𝒓𝒂𝒎𝒆𝒘𝒐𝒓𝒌 𝒑𝒖𝒓𝒑𝒐𝒔𝒆-𝒃𝒖𝒊𝒍𝒕 𝒇𝒐𝒓 𝑮𝒖𝒊𝒅𝒆𝒘𝒊𝒓𝒆.🌟 Want to learn more? Visit our website at www.openteqgroup.com!   #insurance #insurtech #guidewire #testautomation #centertest #guidewireimplementation #guidewireexperts #guidewireautomation #guidewiretesting #guidewireinsurance #insurancetech #guidewireintegration #guidewiretechnology #guidewireconsultants

A digitized insurance market will help carriers to identify patterns, predict risks and develop new products to better meet customer needs https://ow.ly/jQgz50SF2ss #InsurTech #InsuranceIndustry #DigitalDisruption #DataTransformation #WTWPerspective

Customer growth and therefore increased revenue in the insurance sector is hard to achieve. Embedded insurance is one of (the only?) distribution method that has a positive outlook. Thoughts?

Thursday reinforcement in the form of a video to help #insurers more easily understand the challenge many are facing today in #modernizing their data. Our partner ecosystem of Ogon Consulting and Exavalu are eager to work with you as you deploy Cloverleaf Analytics to be able to "Inspect what you Expect" across your entire business, regardless of where the data is today. What do the last four companies (Co-operative Insurance Companies, Rockford Mutual Insurance Company, Pennsylvania Compensation Rating Bureau (PCRB) and Players Health) to join the Cloverleaf Analytics customer family have in common, they simply made the decision to move forward! We look forward to your feedback and most importantly starting the conversation with you, as you can't get where they are- until you do! #data #ai #bigdata #modernization #claims #underwriting #aibias #insuretech #insuranceindustry

Here are 5 reasons advanced data analytics and digital transformation are changing the game for insurers! 🙌📈 The Embedded Insurance In the Age of CX whitepaper details survey results conducted in partnership with SAS to track current trends in the embedded insurance space. Want to read more? Download the whitepaper here: https://lnkd.in/ehn-g5RH #Openinsurance #Embeddedinsurance #Insurance #Insurtech

Is it time for insurers to put the customer front and center? To drive real change, organizations should integrate a customer-centric vision and adapt processes, tools, and governance to ensure consistency and implementation. In this Viewpoint, we discuss six elements that insurers should focus on as they transition to a customer-centric model: https://lnkd.in/gn6GjKZE #insurance #customercentricity #insurers