Digital transformation for the insurance industry is not necessarily disruptive (as is perceived by most). New technologies lead to significant changes, but change has always been a part of the industry, and insurers and their core business model have always survived. This shows a growing need for managers in the insurance industry to think of digital transformation less as a threat and more as an opportunity to grow.

The current level of technology and the potential for growth of the industry reveals that insurance is still in its infancy and will most likely experience significant developments in the times to come. To prepare for a digital future, insurers today must adopt the instruments of digital transformation and find innovative ways to optimize all areas of their operations.

Listen to the podcast to know more!

Click here to read the article

Host: Aishwarya Singh

Editor: Kishore Veekay