Digital insurance business innovation in the post-crisis era
Machine generated contents note:Introduction -- 1. Innovation in Financial Services -- 2. The Management of Digital Insurance -- 3. The Digital Insurance Basic Systems -- 4. Advanced Solutions -- 5. Governance -- 6. Regulatory Framework -- 7. Digital Insurance throughout the World -- 8. The Future -...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Basingstoke, New York
Palgrave Macmillan
2016
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| Schriftenreihe: | Palgrave studies in financial services technology
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| Schlagworte: | |
| Online Zugang: | Inhaltsverzeichnis |
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Tag hinzufügen | Zusammenfassung: | Machine generated contents note:Introduction -- 1. Innovation in Financial Services -- 2. The Management of Digital Insurance -- 3. The Digital Insurance Basic Systems -- 4. Advanced Solutions -- 5. Governance -- 6. Regulatory Framework -- 7. Digital Insurance throughout the World -- 8. The Future -- Conclusions. "In the unsettled atmosphere of the post-financial crisis years, insurance firms are forced to cope with changing market dynamics and socioeconomic factors, while at the same time attempting to increase revenue and reduce costs. Firms will need to adapt quickly to the changing environment and embrace innovative methods to remain competitive. However, insurance companies have traditionally taken a cautious approach to innovation. This book explores the ways in which the adoption of new paradigms, processes, and technologies can lead to greater revenue, cost efficiency and control, as well as improved business agility in the insurance industry. The author argues that insurance companies should actively embrace digital insurance to make processes and services lean, automated and multi-channeled. Indeed, they will soon be forced to, as the industry is experiencing growing participation from new organizations such as banks, telecommunication organizations and merchants. In this book, the author explores topics ranging from the management of digital insurance, basic systems and advanced solutions, governance, the regulatory framework and digital insurance throughout the world. This book demonstrates how digital Insurance has the ability to transform the insurance industry and its relationship with its customers, and suggests that it will need to move quickly to avoid losing the market altogether"-- "In the unsettled atmosphere of the post-financial crisis years, insurance firms are forced to cope with changing market dynamics and socioeconomic factors, while at the same time attempting to increase revenue and reduce costs. Firms will need to adapt quickly to the changing environment and embrace innovative methods to remain competitive. However, insurance companies have traditionally taken a cautious approach to innovation. This book explores the ways in which the adoption of new paradigms, processes, and technologies can lead to greater revenue, cost efficiency and control, as well as improved business agility in the insurance industry. The author argues that insurance companies should actively embrace digital insurance to make processes and services lean, automated and multi-channeled. Indeed, they will soon be forced to, as the industry is experiencing growing participation from new organizations such as banks, telecommunication organizations and merchants. In this book, the author explores topics ranging from the management of digital insurance, basic systems and advanced solutions, governance, the regulatory framework and digital insurance throughout the world. This book demonstrates how digital Insurance has the ability to transform the insurance industry and its relationship with its customers, and suggests that it will need to move quickly to avoid losing the market altogether"-- |
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| Beschreibung: | XIV, 339 Seiten Illustrationen 23 cm |
| ISBN: | 113755326X 1-137-55326-X 9781137553263 978-1-137-55326-3 |