Last week’s InsureTech Connect was an event almost two years in the making and one that certainly did not disappoint. With more than 5,000 people attending the show, it could easily be referred to as InsureTech REconnect with the number of familiar friendly faces I saw for the first time in way too long. I, of course, also enjoyed getting to see and meet some new ones while there too!
TransformAble Insurance - bridging the gap between big ideas and operating realities
September 10, 2021 | By: Jocelyn Getson
Today, the insurance industry has more tools and technology available than ever before, — so it’s no surprise that business models and processes are changing quickly. Staying relevant is dependent upon meeting rapidly changing customer preferences and differentiating from a growing competitive landscape. Leaders and teams from all organizations must critically look at their business processes to unveil opportunities for digital transformation.
However, while change is clearly inevitable, success is not. In fact, a staggering 70% of digital transformation projects actually fail. In a world that calls for consistent and disruptive change, business leaders don’t need to ask themselves what to do (we know the answer is transform), but how to do it.