LOS ANGELES (PRWEB) February 05, 2021
Changing risk landscapes and worsening loss ratios are shifting the role of insurance companies from risk mitigation to risk prevention. Additionally, the pandemic has put new pressures on business models. Newer risks, evolving customer expectations, and increased competition combined with business continuity challenges have made digital transformation a top priority for insurance carriers. Insurance companies are significantly investing in building digital capabilities to optimize core operations, create nontraditional products, and enhance and personalize the customer experience.
These emerging trends are covered in Avasant’s new Insurance Digital Services 2021-2022 RadarView™ report. The report is a comprehensive study of digital service providers in the insurance space, including top trends, analysis, recommendations, and a close look at the leaders, innovators, disruptors, and challengers in this market.
Avasant evaluated 29 providers using three dimensions: practice maturity, investments and innovation, and partner ecosystem. Of those 29 providers, we identified 21 that brought the most value to the market during the past 12…
