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 Tech Solutions For Life Insurance

  • 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