Considerations for Choosing InsurTech Partners

While variety is often called “the spice of life,” when it comes to getting consensus on business terms and definitions, it can work against progress by blurring lines of responsibility and introducing unnecessary, unwanted risk. For the insurance industry, this is particularly problematic, and the source of great consternation around the burgeoning “InsurTech” movement. Per […]

Avoiding Insurance Core System Implementation Pitfalls

In spite of the fact that shiny insurtech objects have distracted some insurers from strategic core system (policy, billing, claims) replacement projects, many are moving forward with planned large scale modernization initiatives. Notably, the drivers behind such projects have changed. And, as if core system implementations were not complex enough already, today, the rip-and-replace of […]

3 Important Things Your RFP Won’t Tell You

For those new to the industry, the length and complexity of the solution purchasing process for insurance companies must seem overwhelming, and, at times, unnecessary.  For many, the word “overkill” might come to mind, but the much-maligned request for proposal (RFP) process drives purchasing in the risk-averse insurance industry, and serves as the backbone for […]