Technology innovators offer consumers a frictionless, easy-to-use, mobile-friendly environment to a wide range of personalized goods and services on their platforms. How does the introduction of this advanced technology impact the insurance industry? Experts say that a Digital Business Platform (DBP) can help leverage core and distribution systems for success in the modern, digital world. DBPs enable insurers to keep pace with how customers and partners want to interact, increasing business demand for newer products and services. That’s why you need our Global Insurance Digital Platform (GIDP).
GIDP Is a cloud-based, digital platform and partner ecosystem that provides best-in-class consulting, partnerships, Business Process as a Service (BPaaS), third-party administration, and technological capabilities to the life and annuity Industry. Managing over 7 million policies, GIDP's componentized approach connects seamlessly via event-based APIs and is built on a strong foundation of deep industry knowledge, BPO, infrastructure, security, compliance and automation. The ecosystem provides immediate access to our wide array of industry-leading, global and regional partners—offering turnkey solutions across the value chain. Let’s start the conversation today.
Although most insurance companies invested in digital transformation over the last decade,
this shift sped up significantly with the arrival of COVID-19. According to our new survey of
life and annuity leaders, a year’s worth of digital transformation progress was made within
the first 90 days of the pandemic lockdown. This research compares 2019 and 2021 peer
responses, and shares key study findings, detailed insights and the five gears for digital
acceleration in insurance.