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A Gradual Revolution: Evaluating Digital Transformation in the Insurance Industry
White Paper
Arguably, the insurance industry in Europe and across the globe has always been a follower rather than a leader in the adoption of technology, with the rolling out of innovative practices, such as digital channels and process automation, being belated – and even resisted – by many insurers. As a result, digital transformation in insurance has been a very gradual, ongoing revolution.
Despite insurance’s ‘laggard’ status, however, there has been significant activity in the way of digital transformation throughout the industry since the mid-2000s. This white paper from EPAM’s Banking, Financial Services and Insurance (BFSI) Practice chronicles this activity from the following angles:
- Examples of Present-Day Digital Transformation
- The Impact of Digital Transformation
- Digital Transformation and the Fragmented Value Chain
- The Political Response to Digital Transformation
Download the complete white paper to explore the latest developments in the insurance industry’s gradual revolution toward digital transformation.
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White PaperCore Systems Implementation Pitfalls Insurers Face
Much of digital transformation today is thought of as core system implementation or outsourcing. However, improved technologies offer opportunities for insurer organizations to seek new approaches.
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InterviewThe Future of Digital Transformation in Insurance
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BrochureClaims Organizations on the Road to Digital Transformation
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Event
Meet EPAM at Money20/20 USA in Las Vegas, NV
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InterviewBalazs Fejes Weighs in on Digital Transformation in Banking
EPAM’s Co-Head of Global Business Balazs Fejes discusses how banks can ensure successful digital transformation.
