Insurance continues its rapid pace of change with customers leading the charge! But the big difference from the last 2-3 years is that the changes represent shorter periods with key breakpoints signaling significant shifts in customer behaviors and expectations. The result evolving and new challenges and opportunities for insurance leaders.
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Today’s insurance industry business environment is characterized by constant disruption, increasing competition, stagnant growth, increasing costs, new technologies, and shifting market and customer demands. These tectonic shifts are redefining the future of the insurance industry. In this environment, focusing on both operational and strategic innovation is more important than ever to effectively manage the current business while creating the future.
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Majesco
In the age of Digital Insurance 2.0, customers’ experiences with other industries are rapidly increasing their expectations for digital engagement with all industries, including insurance. Their demands and expectations also extend beyond interaction capabilities to include new, innovative products and services such as on-demand, parametric, telematics, value added services, and much more…moving billing to a front and center focus.
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At our private equity in the European insurance sector webinar, PitchBook analysts Dominick Mondesir and Dylan Cox examined record-breaking growth in Europe’s private equity insurance sector. In response to recent market volatility, they also covered additional topics affecting the private equity space.
Key topics
Specific factors driving PE deal activity in the European insurance broker space
Top PE sponsors in European-headquartered insurance brokers
How technology will impact the European insurance broker business model going forward
The current impacts of the macroeconomic environment on PE
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