Reaching the next normal of insurance core technology

July 2, 2020 – Now more than ever, insurers are focusing on reimagining the role of technology, reinventing technology delivery, and future-proofing the foundation of core technology. Twelve articles dive deep into the what, why, and how.

April 29, 2020 – In times of uncertainty, carriers can pursue resilience through a staged approach to stabilizing, reimagining, and transforming operations.

November 20, 2019 – Technology performance has become critical to business success. Here’s how a CEO can focus the technology function on a company’s strategic priorities.

January 27, 2020 – As technology becomes increasingly important, an organization’s success depends on whether the CIO can move from being a functional to a strategic business leader.

October 1, 2018 – Rather than fear the disruptive potential of insurtechs, commercial insurance executives should view them as a catalyst for digitization.

February 28, 2019 – For tech to be a real driver of innovation and growth, IT needs to reorganize itself around flexible and independent platforms.

January 24, 2019 – Companies finding success in transforming their customer journeys are discovering that four practices are critical.

May 10, 2019 – You know what an agile organization is, and why it’s important. But figuring out how to pull off an agile transformation is another question.

August 8, 2019 – A new way to focus on outcomes and results can free IT organizations to spend more time on business priorities.

April 12, 2018 – The cloud is a means, not an end. Success in modernizing IT through the cloud is driven by a complete standardization and automation strategy.

August 5, 2019 – Companies that have moved operations to the cloud still aren’t achieving the desired operational agility. A renewed focus on people, processes, and policies can unlock the cloud’s full potential.

October 9, 2019 – Prudential Financial vice chairman Rob Falzon discusses the criticality of people to digital growth, how Prudential is preparing its workforce for the future, and partnerships with the education sector.

February 4, 2019 – The Internet of Things has entered customers’ everyday lives around the globe and transformed business models across industries. This environment brings opportunities for insurers: to develop new products, open new distribution channels, and extend their role to include prediction, prevention, and assistance.

February 1, 2017 – The McKinsey Perpetual Evolution™ approach will help established companies keep pace with digital innovation.

November 4, 2019 – Insurance companies can reap significant benefits from overhauling their core IT systems. Deciding which approach to choose depends on a range of considerations.

March 12, 2021 – The industry is on the verge of a seismic, tech-driven shift. A focus on four areas can position carriers to embrace this change.

July 19, 2019 – As companies digitize businesses and automate operations, cyberrisks proliferate; here is how the cybersecurity organization can support a secure digital agenda.