Don\'t Let Digitization Dread Drag You Down

Despite all the talk surrounding digital transformation and disruptors such as Lemonade and the changes that coronavirus has spurred on, the insurance industry has not yet enacted a complete digital transformation. Why is that? After all, the prospect of fulfilling customer expectations, saving on operational and processing costs, and improving efficiencies should provide plenty of incentive for insurance brokers and providers to fully digitize their processes.

Here, I’ll discuss the real obstacles to going digital such as fears about compliance, organizational resistance, scalability issues, constraints of legacy IT systems, and slow implementation — and how insurers can address these challenges to thrive.

Source : https://www.propertycasualty360.com/2021/04/07/dont-let-digitization-dread-drag-you-down/

Don't let digitization dread drag you down
Don't Let Information Debt Drag Your Digital Transformation Down
The Station: A chat with Scale AI’s Alexandr Wang, the NYC scooter winners and TuSimple goes public
REVIEW: Samsung Galaxy A52
The death of the newsroom means the end of journalism as we know it
When the pandemic sashays away, what is the future of drag — and how are our kings and queens doing?
Security experts reject Pantami’s plea over pro-Taliban, Al-Qaeda comments
Nikki Fried's vetting is about to start — Don Gaetz: 'Force of nature' — NRSC: 'The National Rick Scott Committee'?
What Is NFT? Non-Fungible Token Guide
10 things you didn’t know your iPad could do