insure eng beat banner Learn about digital transformation challenges insurance organizations can face and strategies to overcome them. View the article Modernize to accelerate digital transformation Once the lifeblood of IT, legacy mainframe systems now hobble the digital transformation needed to solve complex insurance industry challenges. Modernizing to a more technologically advanced environment can help. Mainframe modernization can enable access to next-gen capabilities like artificial intelligence (AI), cloud, and big data analytics—which can help optimize performance and compliance and accelerate digital transformation to spark innovation and power long-term growth. 1 Enhance the customer experience with next-gen tech Customer expectations are evolving. Modernization helps via access to next-gen tech for timely data access, faster processing, and seamless mobile integration—which enhances the customer experience. 2 Use cloud-based platforms to access next-gen tech Cloud-based platforms enable the use of AI and big-data analytics to help insurers improve data analysis, risk prediction, and fraud detection—and offer more tailored products and services. 3 Detangle regulatory compliance complexity with AI and machine learning (ML) Modern platforms with AI/ML capabilities can simplify compliance by automating reporting and regulatory data analysis, and ensuring reporting accuracy, which builds trust and improves efficiency. 4 Address cost and talent issues […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
