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Services of interest

Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit

Smart Use of Emerging Technologies Drives Growth – Cognizant

Article Synopsis :

As legacy systems, old processes and even employees with orthodox mindsets sit at the core of the enterprise, traditional insurers are finding it increasingly difficult to match the innovation of competitors and even start-ups. Clarity on how digitisation may or may not be adopted can enable insurers to exploit innovative developments in an effective and profitable manner.

Using technology to get ahead of the competition

The report titled “How Smart Use of Emerging Technologies Drives Growth and Profits for Insurers”, by Cognizant identifies and details the potential enablers of emerging new technologies for insurers. The report explores the potential of emerging tools and approaches like mobility, social media, enterprise collaboration and external delivery, that can help develop strategies to drive growth, reduce costs and increase profitability.

As per the report, India, Philippines and China dominate the outsourcing insurance market for Business Process as a Service and are the emerging destinations for Insurance Outsourcing.

Link to Full Article:: click here

Digital Insurer's Comments

As a result of the rapid pace of technological advancement and a widening gap in skill matrix, insurers will have to try and experiment with innovative techniques in order to be competitive. Traditionally, the insurance sector has been a laggard in the field of innovation and digitisation challenges have raised the bar even further. Insurers will have to tap emerging technologies and leverage on social media, big data, analytics and cloud computing to bring competitive products and services to market.

Link to Source:: click here



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