IT IS TIME TO EXPERIENCE THE FUTURE
In our digital transformation strategy, we don't only look at the available technologies and integrate them into your business. We go much further and develop a comprehensive framework that transforms your business and unlocks its full smart potential .
We also look at your market needs, your corporate values and strengths and build on them to identify the most suitable insurtech solutions. We integrate your culture, define a suitable business model, strong project governance and follow a detailed strategic plan that takes your business to the digital domain.
SETTING UP THE GROUNDS
Identify the Firm's insurtech needs
establish an efficient governance framework
insurtech
implementation strategy & plan
culture integration
define the most suitable business model
kick off and project management
SOLUTIONS
insurtech
digitization
INSURTECH
full carriers
Enablers
distributors
(aggregators)
SETTING UP THE GROUNDS
Identify the firm's insurtech needs
Understanding the insurance provider culture, market, values and needs is essential before starting an Insurtech project. There are many solutions available on the market, However, finding what adds value to your business is what an optimum insurtech transformation is about.
Culture integration
It is imperative to integrate the culture for the upcoming change. Usually Insurtechs and legacy insurance providers have different cultures. Preparing the culture is strongly encouraged to ensure a successful insurtech integration
Define the most suitable business model
What business model flavor is to be followed? A joint venture? A limited partnership? or a long term contract? the business model should be defined by the firm before going into the insurtech project based on its investment strategies.
Establish an efficient governance framework
Establishing a project governance framework is imperative to ensure its success, choosing the right people with the right authorities to lead the project.
Insurtech strategy implementation & plan
Planning realistically and comprehensively is essential. Setting realistic targets and timelines are key success factors. Having a comprehensive implementation plan and efficient project management are essential for a successful transformation.
Kick off and project management
Following kick off, Project management governance is essential as Technology is a constant dynamic. Keeping an up-to-date plan is essential to stay in par with the latest available technologies.
SOLUTIONS
We have partnered with several insurtech and digitization providers to serve our clients in a comprehensive manner, our partners are hand selected to ensure best quality is always offered to our clients. Our partners offer solutions that support sales and distribution, underwriting, claims management and fraud detection in addition to multiple other sectors.