The insurance industry is ever-changing; customer habits are evolving – thanks to the availability of data, there is a demand for better service, regulatory uncertainty prevails, the online and mobile environments are playing a critical role in the future of business and competition from non-traditional players is growing. The industry is on the cusp of major transformation, with technology playing a larger role in growth and profitability.
Silicon Spectra‘s extensive global experience in Life & Annuities, as well as Property & Casualty Insurance, has helped improve business by:
- Developing a single view of the customer, thereby improving customer service and cross-sell/upsell ability
- Increasing conversion rates
- Reducing support and maintenance costs of legacy systems by 40%
- Life & Pensions
- Property & Casualty