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.”