Given the recent advances in technology and cloud computing, a data-first transformation approach can lead to greater business and technology value realization. IT benefits include flexibility, scalability, elimination of technical debt, and ability to achieve an evergreen status. On the business side, insurers can get better insights, innovate products, achieve faster time to market, improve efficiencies, and reduce costs.
In this Celent report, learn how insurers are taking a data-first transformation approach and the benefits they are achieving. It includes a deep dive into how Resolution Life partnered with AWS and low code no code provider, Out Systems, to develop customer self-service and CSR portals in just a few months after the acquisition of 1 million closed block policies from Voya.