Displaying "Rating" articles (23)
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Transforming Insurance Through Intelligent InsurOps with Guidewire & Earnix
Today’s Insurers must be agile and flexible to address a range of challenges and remain competitive in the current market - including the ability to meet the demand of delivering new products – timely and at the right price. Combining the power of Guidewire PolicyCenter and Earnix Price-It is giving insurers the sophistication needed to respond to the ever-changing market needs.
Speed up Time to Market with a Robust End-To-End Solution
Slow speed to market caused by disconnected systems is one of the main obstacles that insurers face today. Insurers need a single, fully integrated cloud solution where underwriting, pricing, and rating fit together seamlessly. One solution for seamless ratemaking and deployment.
Gather, Analyze, and Act in Real Time to Instantly Unlock Market Value
Speed to market is a top priority for virtually every insurance company today, and for good reason. In order to compete – against traditional vendors as well as aggressive new market entrants – insurers need to do all they can to meet customers’ demands when it comes to delivering exactly the right product offer extremely fast.
Reimagine Insurance with Intelligent Insurance Operations
Whether it’s AI-driven rating, dynamic pricing, robust product personalization, fully operationalized telematics or other essential capabilities, the insurance industry needs more intelligent, agile, and composable solutions to overcome operational challenges and meet elevated customer expectations. This eBook presents a vision for the future of insurance defined by intelligent insurance operations.
How Modern, Comprehensive Pricing & Rating Solutions Are Reimagining Insurance
Today the insurance industry faces a significant challenge associated with legacy pricing and rating tools. Many architectures still rely on a high number of disparate, disconnected systems that require too much effort to maintain and other clunky workarounds.
Overcoming Legacy Challenges
Many insurance companies today are implementing new technologies to overcome legacy pricing and rating processes and digitally transform their business. As they do, they’re seeing how innovative new insurance technology platforms can help develop and deploy new, highly targeted and personalized offers much faster. This infographic looks at 5 challenges and solutions that address the impact of legacy insurance technologies.
5 Solutions to Overcome Legacy Challenges
When attempting to increase speed to market, insurers typically face a wide array of challenges, such as outdated technology, siloed systems, manual processes, a lack of ownership and collaboration, and real data limitations. This video explores 5 challenges and solutions that address the impact of legacy insurance technologies.
