Are YOU an
What does it take to be an Ambitious Insurer?
If you listen to economists and analysts long enough, they'll be eager to tell you how the insurance industry is in a stall zone.
The same people may even dub the space as difficult, complex or anti-consumer, spending more on trying to fix perceptions and wasting more than they gain.
And, whilst few would argue that insurance has kept pace with the advancements in other sectors such as retail, would you believe us if we said change is coming?
Or that we could help you change that?
Digital is everything. But is it human?
Will claims ever be the same?
Through our Coretech digital insurance platform, we enable Ambitious Insurers to leverage cloud-first technology to provide services that set the standard for the industry, seamlessly integrating around you, your business strategies and your customers.
At EIS, we've engineered a solution that removes every obstacle to give you the freedom to pursue and achieve your strategic goals.
So, no matter if you're trying to grow market share or enter new markets with new products - or engaging experiences - we're on hand to help deliver increased revenue, slashing operational costs as we go.
We support and allow Ambitious Insurers the ability to transform their businesses, even helping you set the path to net zero.
Ambitious insurers are challengers who want to break free from the norm, who embrace the values and principles that drive change and success. They are the type to focus on a customer centric model which creates the best customer experience. They are the game-changers who move away from transactional, one-dimensional relationships to strengthen the relationship between themselves and their customers.
Are you an ambitious insurer?
Ambitious insurers have a relentless drive to achieve greater value for their customers. They have the desire to break through rigid product structures, with an aim of creating a customer-first digital experience by opening up their ecosystem to create highly personalised and engaging customer journeys and experiences.
Are you an ambitious insurer?
Ambitious insurers believe that people should be at the centre of everything they do. They know they support customers during some of the toughest moments in life, and having a policy number, instead of a person, at the centre of your thought process won’t cut it when it comes to the customer experience. The ambitious insurer recognizes that digital transformation is about putting the customer back at the heart of what they do, and with the right technology, they can focus on empathetically getting their customer back to normal life, faster.
Are you ready to be the change in insurance?
Discover the three principles driving every great Ambitious Insurer
At EIS, we abide by these three principles. It is these principles that set apart the insurer from the Ambitious Insurer.
Innovative digital-first experiences matter
These days, insurers face two options: step up, adapt, and stay relevant - or get left behind. The last few years highlighted just how important technology is, and businesses across numerous other sectors are already starting to flourish from increased adoption.
Now, it's the turn of the insurance sector; it's time for the Ambitious Insurer.
We enable Ambitious Insurers to leverage cloud-first technology to provide services that set the standard for the industry, seamlessly integrating around you, your business strategies and your customers. We choose to start by leveraging data, showing it shouldn't just be seen as the oil in the machine but instead as a tool to be more human.
How you innovate with more transparency and personalised accuracy will be one of the critical deciding factors in who wins this race.
But, it’s not just leveraging the data; it’s transforming that process into a digital-first approach.
Customers at the heart of your business
In the new era of insurance, products offer customer value constantly.
Ambitious Insurers start by putting customers at the heart of their ecosystems and focusing on being adaptable, embedded and removing risk. Doing so helps change insurance from an annualised product to one that customers continuously interact and engage with.
Delivering a unique solution built around the customer, our modern cloud-native architecture, coupled with our insurance-ready administration capabilities, set us apart.
When you free yourself from legacy, outdated technology, you immediately remove complexity and gain control.
Transform for a better future
Ambitious Insurers know that with new technology often comes greater efficiencies and reduced operational costs.
Placing the right technology in the right place frees up human capital enabling them to focus on providing value, not fighting with systems. The value extends to carbon neutrality, which is already emerging as a defining force in this industry.
Insurers, on the whole, are heavily impacted by the environment - and they're huge investors, too, so they can play their part.
However, Ambitious Insurers will go one step further, helping drive organisations toward carbon neutrality and net zero goals.
Explore insights from some of the most Ambitious Insurers. Hear their take on the world of insurance and the positive change shaping our future.
Does more digital mean less human?
The pandemic ushered us into a digital-first, always-on world. Whilst many predicted this would last until we were on the other side of COVID, it looks to be going nowhere.
Can data win the race for sustainability?
Insurance isn’t alone in rising to the challenges of climate change. But in doing so, there are two key questions we must ask; 1) how can the insurance industry operate better? 2) what more can the industry offer to affect this? To help answer, we look at the role data has to play in sustainability.
The advent of native core systems means the insurance industry can better track, analyse and engage with its customer. Such data means we can now better personalise experiences and distribute products and services. It also means insurers can positively influence behaviour and mitigate risk. We call it Embedded Insurance 2.0 and the possibilities are radical.