Reinventing Insurance: Transforming Costs into Competitive Advantage

Discover how insurers can turn cost challenges into opportunities for competitive growth. This paper explores innovative strategies for optimizing operations, modernizing legacy systems, and leveraging AI, RPA, and cloud technologies. Gain actionable insights on enhancing efficiency, improving ROI, and navigating digital transformation to build a resilient, customer-focused insurance ecosystem.

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Reinventing Insurance: Transforming Costs into Competitive Advantage

Table of contents

Introduction

Market Trends

Cost Optimization Techniques

Incumbents and Insurgents Pioneering Tech Upgrades in the Insurance Industry

NTT DATA Approach

Use Case

Conclusion

About the authors