Insurance companies face a significant challenge in their ability to differentiate themselves from the competition. While conventional methods such as new product offerings and discounted rates may offer growth paths, it is a company's commitment to technology that can deliver true advantage.
More than ever before, technology is lowering operational, transactional and service costs and improving customer service and quality risk assessment. Companies are turning to everything from service-oriented architectures (SOA) to data analytics and predictive modeling, geographic information systems (GIS) and virtualization as they seek to maximize technology investments and achieve measurable business results.