Top 10 Tech Solutions For Life Insurance - 2019
Insuranceciooutlook
Dxc Technology Company: Building The Digital Insurance Era

Top 10 Tech Solutions For Life Insurance - 2019

Life insurers have found it challenging to recover entirely from the 2008 financial crisis. Established carriers are facing the squeeze of margin pressure because of stagnant premiums and stiff competition. Sustained economic growth, rising interest rates, and higher investment income are among the decisive factors that appear to be bolstering insurer results in 2019, setting the stage for enhanced top-and bottom-line growth in the year ahead.

The current insurance marketplace is flooded with various technologies, influenced by IoT and data analytics. This digitalization trend is driving a change in the operating and business models of insurers, creating new InsurTech partnerships through disaggregation in the insurance value chain. Amid the changing scenario, insurance companies are turning toward blockchain, augmented reality, Artificial Intelligence (AI) and Robotic Process Automation (RPA) to streamline business processes and operations while exploring multiple avenues to collaborate with InsurTechs and develop up-to-date technological competencies

To help companies navigate through the best-breed insurance technology solutions provider Insurance CIO Outlook has compiled this edition on top 10 insurance tech solutions providers. Through a distinguished panel comprised of CIOs, VCs, industry analysts, Insurance CIO Outlook’s editorial group, we have evaluated and shortlisted 10 organizations that have significantly stood out as some of the most prominent players in the insurance technology arena for the year 2019. The organizations featured in this issue through their business knowledge and industry prowess have established their eminence in the insurance technology sector.

We present to you Insurance CIO Outlook’s “Top 10 Tech Solutions for Life Insurance-2019.”

Top Life Insurance Companies

Specializes in enabling insurers reach the under-served middle market and to effectively sell life and critical illness products online or through omni-channel distribution

www.acceptiv.com

An end-to-end IT services company, helping clients harness the power of innovation to thrive on change and delivering innovative solutions for insurance industry

www.dxc.technology

Delivers the software that P/C insurers need to adapt and succeed in a time of rapid industry change, and to ensure that every customer succeeds in the journey

www.guidewire.com

SE2

SE2

Helps insurance firms transform and digitize their operations with the industry’s first end-to-end digital platform ecosystem

se2.com

AgencyBloc

AgencyBloc

Provides life and health insurance agencies to grow business by organizing and automating operations

Aureus Analytics

Aureus Analytics

Offers AI platform that enables Insurers to deliver superior customer experience, leading to greater customer retention, loyalty and lifetime value

Covr Financial Technologies

Covr Financial Technologies

Provide advisors, research, quote and purchase life insurance from well-known insurance companies

EquiSoft

EquiSoft

Offers innovative front-end applications, InsuranceElements and WealthElements used by thousands of advisors around the world

Internet Pipeline

Internet Pipeline

Provides cloud-based software solutions for the life insurance and financial services industry through SaaS-based new business acquisition platform

Majesco

Majesco

Offers consulting and insurance specific IT services for testing, data conversion, data-warehousing, mobility, enterprise integration and BPM