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Digital Transformation in the Insurance Sector

April 15, 2019

According to the last study about digital transformation in the insurance sector: “A New World of Opportunity, the Insurance Innovation Imperative” by KPMG, 83% of insurance companies say that their business’ future success lies in innovation. The same study confirms that 74% of these companies claim to lack the skills needed to drive innovation. It is a fact that there is a race for innovation in all business sectors. And in the insurance sector, 48% of companies say they experience difficulties due to competitors more innovative than they are. That’s why 2/3 of insurance companies are looking for inspiration from companies in more innovative sectors.

Spotlight

Bankers Fidelity Life Insurance Company®

For over 60 years, Bankers Fidelity Life Insurance Company has provided tens of thousands of Americans with valuable, customer-oriented insurance products. Our commitment to fair and fast payment of claims has earned us a reputation of quality service to our policyowners and their families. You can rely on our reputation as a Company that delivers on its promises to policyholders. Our record of bringing innovative products and value-added services to market has established Bankers Fidelity Life Insurance Company as a proven leader in the life and health insurance industry.

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Digital Transformation in the Insurance Sector