A Practical Guide to Scaling Innovation and Deployment
The commercial insurance landscape is evolving quickly and competitive pressure has increased with the introduction of new pricing strategies. With a combination of strategic planning, adoption of a modern operating model, and process innovations, commercial lines can achieve product introduction speeds that are as repeatable as they are impressive.
The guide includes a summary of 9 key takeaways including:
- How to meet the opportunities and overcome the challenges of commercial insurance markets requiring carriers to adopt a new operating model with a modern core system as its technology foundation.
- Budgeting for IT infrastructure and product development can be lowered and become predictable and defensible with a modern core system.
- Apply ten criteria when selecting a modern core system vendor for “best fit” with your business and innovation strategies.