article thumbnail

The business value of operating core insurance solutions on the cloud

IBM Big Data Hub

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

article thumbnail

How insurers drive success in the digital transformation race with modern data management

Reltio

The insurance industry is facing unprecedented disruption. Insurance carriers have been called to transform customer experience, business offerings, and operations. As an insurer, your current business models are being challenged by new thinking, new competitors, and new ways of working.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CIAM in insurance: A unified, secure user experience with a single login

Thales Cloud Protection & Licensing

CIAM in insurance: A unified, secure user experience with a single login madhav Fri, 05/26/2023 - 07:33 In recent years, the insurance industry has transformed from a singularly focused entity to a multi-brand or multi-service type of business. This is where digital transformation and CIAM come into play.

article thumbnail

Examples of IBM assisting insurance companies in implementing generative AI-based solutions  

IBM Big Data Hub

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

article thumbnail

The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Mobius is a modular, API-led platform that supports complete content lifecycle management in private, public or hybrid cloud as well as on-premises environments.

article thumbnail

Business leaders highlight the need for a hybrid cloud approach to unlock the power of generative AI

IBM Big Data Hub

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. For many organizations, the answer is a hybrid cloud approach. With the rise of generative AI comes an influx of data.

Cloud 95
article thumbnail

MY TAKE: Coping with security risks, compliance issues spun up by ‘digital transformation’

The Last Watchdog

Companies are being compelled to embrace digital transformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity. Related : Can serverless computing plus GitOps lock down DX?