Displaying "Transformation" articles (4)
AI and Modernization in the Insurance Industry
Adrian Coupland, Head of EMEA, Insurance, discusses how Earnix is revolutionizing the insurance sector with AI-based platforms. Off the back of the 2024 Earnix trends report survey Coupland highlights the challenges insurers encounter with legacy systems and emphasizes the crucial role of modernization and compliance in the current regulatory landscape.
Encouraging Collaboration: Many Insurers Are Experiencing Insufficient Collaboration
Our 2023 Industry Trends Report revealed that many insurers consider collaboration crucial, ranking it as one of the top drivers of innovation, placing third on the list of workforce strategy priorities.
Workforce Dynamics: Challenges Related to Finding and Retaining Employees with the Right Skills
The pandemic had a significant impact on many workforce dynamics and has likely permanently changed the ways employees work, collaborate, and view their relationship with their employer.
Climate Change: The Potential for an Insurance Meltdown
The potential effects of climate change are already forcing insurers to reevaluate their policies to reflect new weather patterns. They must develop new models not necessarily based on historical data to project and mitigate new risk levels.