If your firm is like most carriers, it’s dedicating considerable resources to legacy modernizations and digital transformations. Although critical, these efforts are incremental in comparison to rapid disruption wrought by the meteoric rise of insurtechs and the emergence of ecosystems as the new economic world order.
Most insurers agree that legacy technology and an incremental approach to innovation are holding the industry back. That’s why life insurers are embracing an innovation strategy called greenfield.