Achieving operational excellence is imperative for the insurance industry. Currently, 25% of every premium dollar is consumed by operating expenses, a figure that hasn’t changed…
The Intelligent Enterprise for the Insurance Industry
The insurance industry is undergoing a seismic shift, moving from simply managing risk to actively predicting and preventing risk. Disruptions from new insurance and insurtech…
How Digital Innovation Is Changing Insurance Procurement with Risk Mitigation and Cost Savings
The insurance industry with its complex regulatory framework has traditionally lagged other industries when it comes to transforming procurement through technology. But in today’s networked…
SAP Named a Leader in Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe
WALLDORF — SAP SE (NYSE: SAP) today announced it has been positioned by Gartner Inc. as a Leader in the Magic Quadrant for Non-Life Insurance…
Rethinking Risk and Loss: How Digital Technologies are Disrupting the Insurance Industry
The traditional relationship between insurance companies and customers pivots on loss. Customers and insurers interact around major loss events: accidents, property destruction, illness, death. But…
Embrace the Insurance Industry Transformation with SAP S/4HANA
The rapid pace of change in the insurance industry is providing organizations with more information and better insights to meet consumer demands. Insurers need to…
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